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SynbiCITE

SynbiCITE

Biotechnology ResearchFlag of GBLondon, England, United Kingdom1-10 Employees

Company overview

HeadquartersLondon, England, United Kingdom
Website
NAICS541714
SIC873
Keywords
Synthetic Biology, Industrial Translation, Innovation And Knowledge Centre
Founded2014
Employees1-10
Socials

Key Contact at SynbiCITE

Flag of GB

Richard Kitney

Co-Director Of Synbicite

About SynbiCITE

SynbiCITE is the UK’s national centre for the commercialisation of synthetic biology. The prime objective of SynbiCITE is to accelerate and promote the commercial exploitation of synthetic biology research and technology. SynbiCITE’s role as nucleating point for this rapidly emerging industry is designed in time to deliver sustained and substantial benefits to the UK economy. SynbiCITE is a unique collaboration of UK’s leading academic institutions and industrial partners, ranging from start-ups to large multinational companies, and supporting organizations including the Northern Ireland, Scottish and Welsh Regional Governments and the Greater London Authority. SynbiCITE is one of seven IKCs set up to nucleate new industries, by closing the gap between scientific research and its commercial exploitation. IKCs are a key component of the UK's approach to the commercialisation of emerging technologies through creating early stage critical mass in an area of disruptive technology. SynbiCITE was set up in 2013 with a £28 million commitment over 5 years comprising of grants from Engineering and Physical Sciences Research Council (EPSRC), Biotechnology and Biological Sciences Research Council (BBSRC), Innovate UK and its industrial and academic partners. SynbiCITE and our partners, across the UK and globally, are committed to developing this technology through responsible innovation, which encompasses ethical, societal and environmental considerations.

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SynbiCITE revenue & valuation

Annual revenue$3,500,000
Revenue per employee$584,000
Estimated valuation?$11,200,000
Total funding$3,800,000

Employees by Management Level

Total employees: 1-10

Seniority

Employees

Entry
Director

Funding Data

Explore SynbiCITE's funding history, including investment rounds, total capital raised, and key backers.

Funding Date
Round
Amount
Link to Article
2024-12-149$3,800,000

Funding Insights

$3,800,000

Total funding amount

$3,800,000

Most recent funding amount

1

Number of funding rounds

Frequently asked questions

SynbiCITE is located in London, England, GB.
SynbiCITE was founded in 2014, making it 12 years old. The company has established itself as a significant player in its industry over this time.
SynbiCITE has approximately 1-10 employees. The company continues to grow its workforce to support its business operations and expansion.
SynbiCITE has raised a total of $3,800,000 across 1 funding rounds. This investment has helped the company grow and expand its operations.

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