About Life Sciences Platforms and Tools sector in Asia
The Life Sciences Platforms and Tools sector in Asia comprises 2.23K companies, including 951 funded companies having collectively raised $12.7B in venture capital money and private equity. Out of these, 415 are Series A+ funded, and 1 has achieved unicorn status.
Life Sciences Platforms and Tools sector in Asia has seen 48 acquisitions and 141 IPOs. This represents almost 8.5% of all such companies - which is higher than the 5.0% exit rate of tech companies in general.
This sector includes companies developing instruments, consumables; and providing services to Life Science companies and academic institutions to enable Life Science R&D.
Life Sciences Platforms and Tools sector is also known as Life Science Tools.
Companies developing Instruments, Lab Automation Devices, Reagents and Kits, Assay Platforms and providing Research Services are included in this sector. 1.Biopharma Companies
2.Services for Biopharma
3.CRO
4.CDMO
5.Diagnostics Companies
6.Medical Devices
7.Synthetic Biology
8.Molecular diagnostic kits
9.Diagnostic software
10.Applied genomics
11.Research Software are excluded.
Top Life Sciences Platforms and Tools Companies in Asia
There are 2,230 Life Sciences Platforms and Tools startups in Asia which include Strand Life Sciences, Cordlife, Olympus, SigTuple, Transcenta. Out of these, 951 startups are funded, with 415 having secured Series A+ funding, and 1 achieving unicorn status.
Over the past 10 years, an average of 57 new companies have been launched annually. Notably, several of these startups have been founded by alumni of National University of Singapore (NUS), Tel Aviv University and Massachusetts Institute of Technology.
Here is the list of top Life Sciences Platforms and Tools startups in Asia
Provider of omics-based solutions for clinical genomics, systems biology, and drug discovery. The company provides sequence-based diagnostics and clinical genomic data interpretation services to healthcare establishments. Also, offers solutions for integrated omics analysis, image management, systems biology modeling, and molecular modeling.
Key facts about Strand Life Sciences
- Founded Year: 2000
- Location: Bengaluru (India)
- Stage: Acquired
- Total Funding till date: $34.9M
- Investors: Biomark Capital, WestBridge Capital and 91 Others
- Latest Funding Round: Series C, Feb 07, 2018, $*****
- Tracxn Score: 73/100 What is this?
2. Cordlife
Provider of cord blood and cord lining banking and newborn metabolic screening. The company offers a range of services, including cord blood banking, cord lining and cord tissue banking, as well as diagnostics services such as non-invasive prenatal testing, paediatric vision screening, and newborn metabolic screening.
Key facts about Cordlife
- Founded Year: 2001
- Location: Singapore (Singapore)
- Stage: Public
- Total Funding till date: $7M
- Investors: UOB, APC Investors and 2 Others
- Latest Funding Round: Series B, Nov 04, 2003, $*****
- Tracxn Score: 70/100 What is this?
- Competitors Rank: 1 of 46 Competitors
3. Olympus
Manufacturer of imaging and surgical products. The company has developed underwater cameras, lenses, camera accessories, audio products, binoculars, medical endoscopes, endotherapy devices, therapeutic energy devices, and biological microscope systems, such as laser scanning microscopes, disk confocal microscopes, virtual slide microscopes, and more.
Key facts about Olympus
- Founded Year: 1919
- Location: Tokyo (Japan)
- Stage: Public
- Investors: ValueAct Capital and Sony
- Tracxn Score: 68/100 What is this?
4. SigTuple
Healthcare technology company that leverages AI to develop diagnostic solutions. It is a healthcare technology company that leverages artificial intelligence, robotics, and cloud computing to develop intelligent screening solutions for medical diagnostics. The company's products are designed to automate microscopy and enable AI-assisted digital analysis of visual medical data, making quality healthcare more accessible and affordable.
Key facts about SigTuple
- Founded Year: 2015
- Location: Bengaluru (India)
- Stage: Series C
- Total Funding till date: $54.7M
- Investors: Accel, Endiya Partners and 39 Others
- Latest Funding Round: Series C, Aug 05, 2024, $*****
- Tracxn Score: 66/100 What is this?
- Competitors Rank: 1 of 21 Competitors
5. Transcenta
Transcenta is involved in research and development of antibody-based therapeutics. It is involved in manufacturing the novel antibody for patients. It also offers a translationla research and clinical development center.
Key facts about Transcenta
- Founded Year: 2019
- Location: Suzhou (China)
- Stage: Public
- Total Funding till date: $205M
- Investors: Lilly Asia Ventures, Teng Yue Partners and 11 Others
- Latest Funding Round: Series C, Dec 22, 2020, $*****
- Tracxn Score: 65/100 What is this?
- Competitors Rank: 8 of 2,658 Competitors
Companies founded year-on-year in the Life Sciences Platforms and Tools sector in Asia
140 Life Sciences Platforms and Tools startups in Asia were founded in 2017 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | 2 |
2024 | 20 |
2023 | 12 |
2022 | 37 |
2021 | 46 |
2020 | 67 |
2019 | 115 |
2018 | 136 |
2017 | 140 |
Stage-wise distribution of Life Sciences Platforms and Tools sector companies in Asia
Out of the total 2,230 Life Sciences Platforms and Tools companies in Asia, 951 have secured funding. Among them, 415 have reached Series A or higher, and 313 to Series B or beyond.
Founded - 2,230
Funded - 951
Series A+ - 415
Series B+ - 313
Series C+ - 243
Company Stage | No. of companies |
|---|---|
Founded | 2,230 |
Funded | 951 |
Series A+ | 415 |
Series B+ | 313 |
Series C+ | 243 |
Let us walk you through our Sectors and other offerings
Designed with precision for VCs, PE, IBs, Incubators, M&A, Innovation more
Designed with precision for VCs, PE, IBs, Incubators, M&A, Innovation more
Funding Trends in the Life Sciences Platforms and Tools sector in Asia
Total funding year-on-year in the Life Sciences Platforms and Tools sector in Asia
The Life Sciences Platforms and Tools sector in Asia saw a total funding of more than $9.29B in the last 10 years. The most amount of funding was in 2020 at more than $2.46B.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $168M |
2024 | $560M |
2023 | $697M |
2022 | $1.35B |
2021 | $2.33B |
2020 | $2.46B |
2019 | $608M |
2018 | $529M |
2017 | $338M |
Recent Funding Rounds in Life Sciences Platforms and Tools in Asia
In the year 2025, till December 2025, Life Sciences Platforms and Tools companies in Asia have raised $127M in equity funding across 17 rounds.
In the same period last year (i.e. till December 2024), Life Sciences Platforms and Tools companies in Asia had raised $299M across 76 rounds.
So, 2025 has seen a 57.45% drop in funding in Life Sciences Platforms and Tools companies in Asia as compared to 2024.
Here are some recent, important funding rounds in Life Sciences Platforms and Tools companies in Asia:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 2642 | Dec 19, 2025 | - | |
Series B | 7158 | Nov 27, 2025 | ||
Series A | 7211 | Nov 25, 2025 | ||
Series C | 2074 | Oct 22, 2025 | ||
Series A | 1754 | Oct 14, 2025 | - |
Top Investors in Life Sciences Platforms and Tools in Asia
BIRAC is the top investor in Life Sciences Platforms and Tools companies in Asia based on number of companies invested.
Here are some top investors in Life Sciences Platforms and Tools companies in Asia:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Delhi (India) | ||
Cork (Ireland) | ||
Bengaluru (India) | ||
New York City (United States) | ||
Hellerup (Denmark) |
M&A activity in Life Sciences Platforms and Tools sector in Asia
In the year 2025, till June 2025, 1 acquisition happened in Life Sciences Platforms and Tools sector in Asia. Last year, in 2024, a total of 4 acquisitions happened in Life Sciences Platforms and Tools sector in Asia.
Here are some recent, important acquisitions in Life Sciences Platforms and Tools sector in Asia:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jun 03, 2025 | ||
Business Acquisition | Jul 29, 2024 | ||
Business Acquisition | Feb 12, 2024 | ||
Business Acquisition | Feb 07, 2024 | ||
Business Acquisition | Jan 29, 2024 |
Acquisition trends in Life Sciences Platforms and Tools sector in Asia
Here are the acquisition trends in Life Sciences Platforms and Tools sector in Asia:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | 1 |
2024 | 4 |
2023 | 4 |
2022 | 6 |
2021 | 4 |
2020 | 3 |
2019 | 3 |
2018 | 4 |
2017 | 1 |
IPOs in Life Sciences Platforms and Tools in Asia
In the year 2025, till December 2025, 5 IPOs happened in Life Sciences Platforms and Tools sector in Asia.
Here are some recent, important IPOs in Life Sciences Platforms and Tools sector in Asia:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Dec 04, 2025 | Korea Exchange (KRX) | |
Nov 13, 2025 | Korea Exchange (KRX) | |
Oct 08, 2025 | Hong Kong Exchanges (HKG) | |
Jul 25, 2025 | Hong Kong Exchanges (HKG) | |
May 12, 2025 | Korea Exchange (KRX) |
Colleges which produce the most Life Sciences Platforms and Tools companies in Asia
Companies founded by alumni from top colleges in the Life Sciences Platforms and Tools in Asia
Most number of Life Sciences Platforms and Tools startups in Asia have been founded by alumni from National University of Singapore (NUS), Tel Aviv University and Massachusetts Institute of Technology.
College | No. of companies |
|---|---|
National University of Singapore (NUS) | 12 |
Tel Aviv University | 11 |
Massachusetts Institute of Technology | 10 |
IIT Delhi | 7 |
Technion Israel Institute Technology | 7 |
Harvard University | 6 |
University of California (Berkeley) | 6 |
BITS Pilani | 5 |
IIT Bombay | 5 |
IIT Kharagpur | 5 |
Total funding in Life Sciences Platforms and Tools companies founded by alumni from top colleges in Asia
In the last 10 years, Massachusetts Institute of Technology graduates' Life Sciences Platforms and Tools companies in Asia have raised the most funding among top colleges. Tsinghua University alumni are second, and Columbia University alumni are third.
College | Total Funding |
|---|---|
Massachusetts Institute of Technology | $303M |
Tsinghua University | $206M |
Columbia University | $205M |
Wharton School | $200M |
Tel Aviv University | $133M |
INSEAD | $92.7M |
IIT Bombay | $92.3M |
IIT Delhi | $91.6M |
University of California (Berkeley) | $85.4M |
University of Pennsylvania | $80M |
Top News in Life Sciences Platforms and Tools in Asia
•
•
Nature Cell Announces Revival of Vascostem's U.S. FDA Clinical Development for Critical Limb Ischemia Treatmentaccessnewswire.com•Dec 23, 2025•Nature Cell
•
Rigaku Launches ONYX 3200, a Metrology Instrument for Semiconductor ManufacturingKorea Newswire•Dec 19, 2025•Rigaku
•
Olympus Rolls Out 2nd Medtech Investment Fund with $150MMedical Product Outsourcing•Dec 15, 2025•Olympus
•
•
Seegene Establishes French Subsidiary to Expand European PresenceEuropa Press•Dec 05, 2025•Seegene Technologies
•
Rigaku Launches XTRAIA MF-3400, a Measuring Instrument for Next-generation SemiconductorsBusiness Wire•Dec 04, 2025•Rigaku
•
•
•
Rigaku Establishes Technology Center in Taiwan for Engineering and CollaborationDataquest•Nov 07, 2025•Rigaku
