Bou Trade Labs, SL

Bou Trade Labs, SL operates as a biotechnology company specializing in DNA testing services, offering customers insights into health, ancestry, and nutrition through analysis of genetic material. Founded in 2016 and headquartered in Madrid, Spain, Bou Trade Labs, SL provides DNA testing services that assess various genetic traits. The company has engaged in one funding round, raising EUR 1. 1 million in December 2020 from Capital Cell Investors, achieving a current company valuation of EUR 9.

00 mn. The CEO is Nacho Esteban, who leads the company in its operations and strategic direction. 24Genetics specializes in comprehensive DNA testing services that provide insights into various aspects of an individual's genetics, including ancestry, health, nutrition, sports performance, and personality traits. Their core product offerings include a DNA testing kit that allows users to collect saliva samples at home, which are then analyzed in their labs to produce detailed genetic reports.

The tests reveal genetic predispositions to health conditions, optimal diets, and personalized training regimens, serving a diverse client base across more than 100 countries. In 2023, Bou Trade Labs, SL reported a revenue of EUR 1,139,041. 20, with an EBITDA of EUR -9,457. 70 for the same year.

The company generates revenue primarily through direct-to-consumer sales of its DNA testing kits and associated reports, focusing on B2C interactions. Bou Trade Labs, SL plans to leverage its recent funding of EUR 1. 1 million, raised in December 2020, to expand its product offerings and geographic reach. The company is developing new DNA testing products aimed at enhancing customer experience and engagement, with anticipated releases in the upcoming year.

Additionally, there are plans to penetrate new markets beyond its current presence, targeting specific regions and demographics to increase accessibility to its services.