Bio-Techne - About the company
Bio-Techne is a public company based in Minneapolis (United States), founded in 1981 by . It operates as a Developer of biotech reagents, instruments and clinical diagnostic products. Bio-Techne has raised an undisclosed amount in funding. The company has 303 active competitors, including 34 funded and 52 that have exited. Its top competitors include companies like , Illumina and Quanterix.
Company Details
Developer of biotech reagents, instruments, and clinical diagnostic products. It is engaged in providing specialized proteins, including cytokines and growth factors, antibodies, related immunoassays, biologically active small molecules, and other reagents to the research, diagnostics, and clinical control markets. The Company also supports its customers with instrumentation designed to simplify key protein analysis processes.
- Website
- Social
- Email ID
- @bio-techne.com
Key Metrics
Founded Year
1981
Location
Minneapolis, United States
Stage
Public
Latest Funding Round
Ranked
15th among 303 active competitors
Annual Revenue
as on Jun 30, 2023
Employee Count
as on Jun 30, 2023
Investment & Acquisitions
Similar Companies
&
Exit Details
Public
Legal entities associated with Bio-Techne
Bio-Techne is associated with 3 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Aug 18, 1997 | - | 856 | 621 | |
$1.14B (as on Jun 30, 2023) | 338 | 139 | ||
Dec 31, 2003 | - | 615 | 750 |
Bio-Techne's funding and investors
Bio-Techne has raised funding over 6 rounds. Its first funding round was on May 01, 2009. Its latest funding round was a Grant (prize money) round on Jun 01, 2016 for $153K. 1 investor participated in its latest round, which include .
Here is the list of recent funding rounds of Bio-Techne:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Jun 01, 2016 | $153K | Grant (prize money) | 6048869 | 4958548 | |
Mar 01, 2016 | $225K | Grant (prize money) | 3173863 | 4739761 | |
Aug 11, 2014 | $202K | Grant (prize money) | 8601557 | 3084555 |
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Bio-Techne's founders and board of directors
The founders of Bio-Techne is . is the CEO of Bio-Techne.
View details of Bio-Techne's Founder profiles and Board Members
Bio-Techne's employee count trend
Bio-Techne has 2,400 employees as of Jun 23. The total employee count is 20.0% lower than what it was in Jun 22. Here is Bio-Techne's employee count trend over the years:
Uncover Bio-Techne's growth story! Sign up today!Bio-Techne's Competitors and alternates
Top competitors of Bio-Techne include , Illumina and Quanterix. Here is the list of Top 10 competitors of Bio-Techne, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st |  1956, Waltham (United States), Public | Provider of Electron microscopy services | - | 81/100 | |
2nd | Illumina 1993, Public | Developer of technologies for analysis of genetic variation and function | $28M | Tekla Capital Management, VenrockÌý&²¹³¾±è;Ìý | 78/100 |
3rd | Quanterix 2007, Cambridge (United States), Public | Developer of assay kits for ultra-sensitive biomarker detection | $99.5M | Hercules Capital, Flagship PioneeringÌý&²¹³¾±è;Ìý | 71/100 |
4th | Biocare Medical 1997, Concord (United States), Acquired | Manufacturer of primary antibodies and instruments for immunohistochemistry applications | $85M | Broadoak Capital Partners, Castle CrowÌý&²¹³¾±è;Ìý | 69/100 |
5th | Provider of drug research and development services for multiple therapeutic areas | - | , Triodos Investment ManagementÌý&²¹³¾±è;Ìý | 69/100 | |
6th | BioLife Solutions 1987, Bothell (United States), Public | Developer of tissue hypothermic storage and cryopreservation freeze media | - | - | 68/100 |
7th | Bio Rad 1952, Hercules (United States), Public | Portfolio of products and services for life science research and clinical diagnostic markets | - | SMB Capital Partners, Bellevue Healthcare TrustÌý&²¹³¾±è;Ìý | 66/100 |
8th | Siemens Healthineers 1847, Erlangen (Germany), Public | Developer of AI-based medical diagnostic products for the healthcare sector | - | Skyviews Life Science, HHSÌý&²¹³¾±è;Ìý | 65/100 |
9th |  Telesis Bio 2013, San Diego (United States), Public | Online platform offering life sciences reagents and kits | $25M | Oxford Finance, Northpond VenturesÌý&²¹³¾±è;Ìý | 64/100 |
10th | Applied BioCode 2008, Santa Fe Springs (United States), Public | Developer of assay testing kits and instruments for in vitro diagnostics, research, and other industrial applications | $20.3M | NIH, Harbinger Venture CapitalÌý&²¹³¾±è;Ìý | 62/100 |
15th | 1981, Minneapolis (United States), Public | Developer of biotech reagents, instruments and clinical diagnostic products | - | - | 54/100 |
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Bio-Techne's Investments and acquisitions
Bio-Techne has made 10 investments in companies including Spear Bio and B-MoGen. Bio-Techne has also acquired 18 companies including Lunaphore and Namocell. Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jul 23, 2024 | Investments | 2021 | Boston, United States | |
Jun 22, 2023 | Acquisition | 2014 | Morges, | |
Jun 21, 2022 | Acquisition | - |
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Reports related to Bio-Techne
Here is the latest report on Bio-Techne's sector:
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News related to Bio-Techne
Media has covered Bio-Techne for a total of 51 events in the last 1 year, 32 of them have been about company updates and 7 about partnerships.
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MarketBeat•Apr 22, 2025•Bio-Techne,
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MarketBeat•Mar 30, 2025•Bio-Techne
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Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Frequently asked questions about Bio-Techne
When was Bio-Techne founded?
Bio-Techne was founded in 1981.Where is Bio-Techne located?
Bio-Techne is located in Minneapolis, United States.When was the latest funding round of Bio-Techne?
Bio-Techne's latest funding round was on Jun 01, 2016.What is the annual revenue of Bio-Techne?
Annual revenue of Bio-Techne is $1.14B as on Jun 30, 2023.Our Lite Plan Awaits you - Its Free!
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