We're excited to share that Bioniq has closed a $15M Series B funding round, led by HV Capital and Unbound, valuing the company at $75M. This funding will enable us to further expand our global market share by enhancing product development, integrating our global laboratory network, and expanding our operations in the U.S. and the Middle East. We will also implement a corporate platform for medical, wellness, and athletic institutions. Over the past 12 months, we've seen significant growth, especially in the U.S. market, which now accounts for over 50% of our customer base, with some regions experiencing over 500% growth in the last two quarters. "We've entered a new era in nutritional supplementation over the last six years, where it’s clear that one-size-fits-all solutions are inefficient,” said Vadim Fedotov, co-founder & CEO of Bioniq. “Bioniq is committed to providing evidence-driven, personalized solutions that adapt to our users' unique health needs and goals.” "Bioniq's innovative approach to nutrition is based on the idea that everyone has different nutritional needs and deficiencies, and that generic multivitamins are not enough to address them. We are impressed by Bioniq's vision and technology, and we believe that they are disrupting the supplement industry with their personalized and science-based approach. We are excited to support them as they grow and scale their business," said Shravin Bharti Mittal, CEO of Unbound "Bioniq's exceptional growth is a testament to its innovative approach for high quality personalized health solutions that professionals across the world rely on” said David Kuczek, General Partner at HV Capital. “With sales from across 60 countries with the majority coming from North America, one of the most important markets for health solutions globally, Bioniq is well-positioned to continue its trajectory of rapid expansion." Read more about our Series B funding round below! https://lnkd.in/dN4RWpg2
Bioniq
Health, Wellness & Fitness
London, England 4,234 followers
Your ultimate personalised supplements. Clinically proven and backed by science.
About us
Your ultimate personalised supplements. Clinically proven and backed by science. Recommended by the worlds leading medical institutions. Visit our site to learn more, and get started on the way to becoming a better you!
- Website
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https://bioniq.com/en/linkedin
External link for Bioniq
- Industry
- Health, Wellness & Fitness
- Company size
- 51-200 employees
- Headquarters
- London, England
- Type
- Privately Held
- Founded
- 2019
- Specialties
- Health-tech, Digital, Data, and Bio-tech
Locations
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Primary
1-45 Durham street
London, England SE11 5JH, GB
Employees at Bioniq
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Maria Volchenok
Growth / Digital Marketing Lead @ Bioniq | ex-Google
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Dennis Kogan
Founder and CEO of Caresyntax | Entrepreneur and Investor | Harnessing AI and Automation to Improve Healthcare
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Constantin Karuzin
Co-Founder and Medical Director at bioniq.com
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Alaish P.
Head of Operations at bioniq.com
Updates
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Our Founder Vadim Fedotov recently joined #ConversationswithLouLou and shared about mental strength, personal growth, health optimization hacks and many other topics.
Building an entrepreneurship knowledge hub | Founder @ Spade Ventures | Founder @ Conversations with Loulou. Top10 Business & Entrepreneurship Podcast in MENA.
Revenues of the Vitamins & Minerals market market worldwide in 2024 is US$31.93bn and expected to grow by 6.71% between 2024 and 2029 (CAGR 2024-2029). Statista. My guest Vadim Fedotov, Co-founder and CEO at Bioniq aims to capture a share of this market by fixing what he calls ‘the one size fits all’ problem. Why should a 30 year old take the same pills as a 45 year old? Why should a 60Kg woman take the same pills as a 100Kg man? Bioniq is shipping custom vitamins to clients globally. It is not a pill.. it’s granules! Vadim takes us through his journey from professional athlete to entrepreneur and shares valuable insights about mental toughness, his experience as a young CEO of Groupon for Eastern Europe as it went through an IPO on the NASDAQ and shifting into founding Bioniq. Vadim also shares tips on healthy eating, dieting, biohacks and how he runs his business out of Dubai. Episode 78 of #conversationswithloulou is live on YouTube and all podcast players including Apple Podcasts and Spotify. Links in comments! Support for the show comes from @capital.com, a global investment platform. #innovation #startup #entrepreneur #food
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We are so excited to introduce our new Head of Growth at Bioniq - Meet Maria Volchenok! Maria is an outstanding addition to the team, bringing a wealth of experience and a passionate commitment to digital marketing. With over a decade of impressive successes in the field, she has honed her skills in diverse roles. Before joining Bioniq she spent over seven years at Google where she began as a strategist and advanced to a sales manager. There, her responsibilities spanned from developing scalable solutions, frameworks, and strategic plans for both internal and external purposes, to leading teams effectively. Beyond her professional achievements, Maria is also a dedicated mother - truly a power woman! We are excited to call Maria part of the Bioniq family!
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We proudly attended the Health Optimisation Summit in London, helping to advance health and longevity alongside other great brands, like our blood testing partners at Randox. Our dear friend, Michael Thurston also joined our team to share his experience as a #Bioniq member since 2021. We are feeling energized after the weekend and are excited for the future ahead! #bioniq #healthoptimizationsummit2024
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This week we were proud to have had our Chief Marketing Officer, Marni Allen, take the stage at Decoding the Future of Women during London Tech Week. Marni shared the stage with fellow women's health experts and advocates from leading companies like Boots UK, WHOOP, ŌURA and Oviva, as well as leading research institutions like University of Cambridge, University of Oxford and The USC-Buck Institute Nathan Shock Center. They shared their vision and the steps they're taking to create a future for women's health that is more predictive, preventive, personalized and participatory. At Bioniq, we're thrilled to be part of making this exciting future a reality for women around the world. #d3cod1ng2024 #decodingthefutureofwomen #londontechweek #bioniq
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Bioniq is now at John Lewis & Partners! We are thrilled to announce that the Bioniq blood panel is now officially available at John Lewis & Partners stores offering Randox Health testing services. John Lewis, the UK's largest high-street retailer, has partnered with our strategic partner Randox Health to provide a variety of health tests in stores across the UK. This collaboration brings Bioniq's advanced health monitoring technology to more people, making it easier to take proactive steps towards better health. Visit any participating John Lewis & Partners store to experience our comprehensive blood panel and gain valuable insights into your health. Stay healthy, stay informed! #Bioniq #JohnLewis #RandoxHealth #HealthInnovation #WellnessJourney #ProactiveHealth #BloodPanel
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Our CMO Marni Allen on stage today at FUTR Europe discussing Artificial Intelligence and how it impacts our user experience.
It was a pleasure to take the stage today at FUTR Europe to talk about AI and customer experience with Jo Causon, Paul Wilkinson, Mohsen Ghasempour, Ph.D. and Patrick Tu. Thanks to my fellow panelists for sharing your insights! I also had a great conversation with Tom Marsh about Kenvue brands. Feeling energised about how much I have learned as CMO at Bioniq and how much the world of healthcare and consumer products is evolving through the use of technology.
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Our Saudi Arabia 🇸🇦 Expansion detailed for Arab News! An insightful article about our market entry strategy in to the Kingdom and our upcoming plans lead by Banafsheh Salmani. Thank you for the coverage Nour Edin El Shaeri 🤝 https://lnkd.in/e4t3FhKd