Forte Biotech
PrivateLast Round
Grant
Dec 8, 2023
Total Funding Raised
$150,000
Company Overview
Forte Biotech is a Singapore- and Vietnam-based biotechnology company founded in 2021 that provides diagnostic solutions for the aquaculture industry. As a spin-off from the National University of Singapore, the company developed the RAPID (Really Accurate Prawn Infection Detector) platform, a point-of-care molecular testing system for farmers. This system uses LAMP PCR technology to enable the rapid, on-site detection of diseases in prawns and shrimp, such as White Spot Syndrome Virus (WSSV). The technology is designed to be user-friendly and provide lab-grade results in about an hour without extensive training or equipment, helping farmers prevent significant losses by taking early mitigative action. After a commercial launch in 2024, the company has supported farms across seven Asian countries.
Sector
Healthcare & Life Sciences
Verticals
Biotechnology, Biotech Equipment, Environmental Monitoring
Business Model
B2B
Customer Profile
Usage-Based SaaS, Hardware Sales, Services & Consulting
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Forte Biotech Comps
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Forte Biotech Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Grant | Dec 8, 2023 |
Forte Biotech Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Touchstone Partners | Grant |
| Temasek Foundation | Grant |
Forte Biotech Filings
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| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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