Blacktrace

Life sciences technology specialist

Sector
LIfe Sciences

Location
Cambridge

Return
2.74x 

Blacktrace vertical
About Blacktrace

Blacktrace is a scientific company which designs, develops and manufactures cutting-edge technologies and products for many applications used in chemistry, microfluidics, biology, nanomaterial sciences and more.

Maven’s investment supported the company’s world-class innovation in microfluidics as well as the continuous development and launch of advanced scientific products for a wide range on international markets.

In July 2023, Maven exited Blacktrace via a sale to Unchained Labs, a U.S. corporate backed by the Carlyle Group delivering a 2.74x return for Maven Investor Partners. 

 

Why we invested
  • Established, high tech and profitable high growth business

  • Significant spend in R&D with range of products ready to go to market

  • Highly skilled workforce, led by experienced and ambitious management team

  • Established global sales and distribution network

  • High forecasted CAGR for the sector

"We are delighted to see the Blacktrace team enter the next phase of their journey after a highly successful partnership with Maven. The team’s ability to constantly innovate and create novel, high value life science products is remarkable, and Unchained is acquiring a recognised name in applications as varied as microfluidics, vaccines, gene therapy and single-cell genomics analysis."

David Milroy, Partner at Maven