Abselion

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Abselion - overview

Established

2018

Location

Cambridge, -, UK

Primary Industry

Biotechnology

About

Established in 2018 by CEO Ruizhi Wang and based in Cambridge, UK, Abselion, formerly known as HexagonFab, provides automated advanced protein quantification technology, facilitating precise analysis of biologics for research and development in pharmaceuticals and biotechnology. In December 2024, Abselion raised GBP 6. 6 million in Series A funding led by investor M Ventures, with participation from investor R42. Other investors include BioProcess360 Partners, Untitled Ventures, and BGF Ventures.


Abselion's core product offering is the Amperia benchtop instrument, which simplifies the quantification of biologics, including antibodies, adeno-associated viruses (AAVs), and other proteins from crude samples. The device utilises redox electrochemical detection (RED), converting protein binding into an electrical signal, eliminating the need for optical components, and enabling a compact, low-maintenance design. The Amperia is engineered for sensitivity and specificity, allowing for effective quantification with minimal sample preparation required. Amperia enhances laboratory workflows and is compatible with standard 96-well plates to facilitate up to four parallel measurements during various stages of biologics research, including discovery and process development.


The company targets a global client base that includes research institutions, biotechnology firms, and pharmaceutical companies, focusing on markets in North America, Europe, and Asia. The company will use the December 2024 funding to commercialise its system and expand its capabilities for protein quantification in bioprocessing.


Current Investors

M Ventures, R42, BGF Ventures

Primary Industry

Biotechnology

Sub Industries

Biotechnology

Website

www.abselion.com

Verticals

Nanotechnology, Research (Non-Medical)

Company Stage

Series A

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.