BioFlyte Overview
- Year Founded
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2020

- Status
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Private
- Employees
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15

- Latest Deal Type
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Series B
- Latest Deal Amount
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$5.4M
- Investors
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6
BioFlyte General Information
Description
Developer of bio-threat detection devices designed to protect from biological threats. The company's devices are embedded with commercialized new-generation biodefense technologies, which incorporate an efficient aerosol sample collector that examines air, liquid, or powder samples and reports to the system and offers mail screening and critical infrastructure protection with airports, enabling clients to receive an alert of possible bio-chemical danger and counter it effectively.
Contact Information
Website
www.bioflyte.comCorporate Office
- 5901 Indian School Road
- Albuquerque, NM 87110
- United States
Corporate Office
- 5901 Indian School Road
- Albuquerque, NM 87110
- United States
BioFlyte Timeline
BioFlyte Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
4. Early Stage VC (Series B) | 10-Aug-2023 | $5.4M | Completed | Generating Revenue | ||
3. Early Stage VC (Series A) | 16-Dec-2022 | Completed | Generating Revenue | |||
2. Seed Round | 09-Jun-2020 | $1.25M | $1.25M | Completed | Generating Revenue | |
1. Accelerator/Incubator | Completed | Generating Revenue |
BioFlyte Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series B | ||||||||
Series A-2 | ||||||||
Series A-1 | 7,568,976 | $0.000100 | $0.33 | $0.33 | 1x | $0.33 | 13.67% | |
Seed | 3,300,000 | $0.000100 | $0.4 | $0.4 | 1x | $0.4 | 5.96% |
VC Exit Predictor
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BioFlyte Comparisons
Industry
Financing
Details
BioFlyte Competitors (3)
One of BioFlyte’s 3 competitors is Smiths Detection, a Pending Transaction (M&A) company based in London, United Kingdom.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Smiths Detection | Pending Transaction (M&A) | London, United Kingdom | ||||
1st Detect | Corporation | Webster, TX | ||||
Teledyne Flir Detection | Corporation | North Billerica, MA |
BioFlyte Signals
BioFlyte Investors (6)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Angel (individual) | Minority | |||
New Mexico Vintage Fund | Venture Capital | Minority | ||
Cottonwood Technology Fund | Venture Capital | Minority | ||
Scout Ventures | Venture Capital | Minority | ||
Anzu Partners | Venture Capital | Minority |
BioFlyte FAQs
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When was BioFlyte founded?
BioFlyte was founded in 2020.
-
Where is BioFlyte headquartered?
BioFlyte is headquartered in Albuquerque, NM.
-
What is the size of BioFlyte?
BioFlyte has 15 total employees.
-
What industry is BioFlyte in?
BioFlyte’s primary industry is Electronic Equipment and Instruments.
-
Is BioFlyte a private or public company?
BioFlyte is a Private company.
-
What is the current valuation of BioFlyte?
The current valuation of BioFlyte is
. -
What is BioFlyte’s current revenue?
The current revenue for BioFlyte is
. -
How much funding has BioFlyte raised over time?
BioFlyte has raised $12.8M.
-
Who are BioFlyte’s investors?
New Mexico Vintage Fund, Cottonwood Technology Fund, Scout Ventures, and Anzu Partners are 5 of 6 investors who have invested in BioFlyte.
, -
Who are BioFlyte’s competitors?
Smiths Detection, 1st Detect, and Teledyne Flir Detection are competitors of BioFlyte.
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