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Biota Technology

company

About

Biota is pioneering biosurveillance across industrial sectors

  • 11 - 50

Highlights

Total Funding Amount
$1.43M
Funding Rounds
2
Investors
1

Details

Last Funding Type
Grant
Last Funding Money Raised
$175K
Industries
Bioinformatics,Biotechnology,Energy,Predictive Analytics,Renewable Energy
Founded date
Jan 1, 2013
Number Of Employee
11 - 50
Operating Status
Active

Biota deploys DNA sequencing and data science to explore the earth’s subsurface. We provide actionable diagnostics to the oil & gas industry for maximizing reservoir economics and reducing environmental impact. Biota delivers multimillion–dollar value with insights into drainage volumes, well connectivity, and engineered completions. Our patented technology has been applied on over 500 wells by a majority of the top producers in US Shale.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$1.43M
Biota Technology has raised a total of $1.43M in funding over 2 rounds. Their latest funding was raised on Aug 21, 2015 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 21, 2015 Grant $1.25M 1 National Science Foundation — Detail
May 27, 2014 Grant $175K 1 National Science Foundation — Detail

Investors

Number of Lead Investors
Number of Investors
2
1
Biota Technology is funded by 1 investors. National Science Foundation are the most recent investors.
Investor Name Lead Investor Funding Round
National Science Foundation Yes Grant
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