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Owlstone Medical

Biotech & Life Sciences · Milton, United Kingdom · Founded 2004

Non-invasive breath biopsy platform for disease detection MoreLess

Owlstone Medical is a health technology startup that operates in the medical diagnostics market. The company specializes in developing non-invasive diagnostic tests using breath biopsy technology. This technology analyzes volatile organic compounds (VOCs) in a patient's breath to detect diseases such as lung cancer at an early stage. The company's primary clients are healthcare providers and research organizations worldwide.

Owlstone Medical's business model revolves around the development and sale of its breath biopsy products and services. The company offers a range of products for breath biopsy research, including the Breath Biopsy OMNI, an advanced solution for volatile metabolite analysis in breath, and the ReCIVA Breath Sampler, a tool for reliable and reproducible breath sample collection. These products are used in clinical trials and research labs to bring VOC biomarker research in-house.

In addition to selling products, Owlstone Medical also offers services such as OMED Health, a service that helps individuals manage their digestive health through at-home breath testing and professional analysis of exhaled gases. The company generates revenue through the sale of its products and services.

Owlstone Medical is making significant strides in the field of early disease detection, as demonstrated by their latest data on the development of a Breath Biopsy test for early detection of lung cancer. The company's innovative approach to medical diagnostics has the potential to revolutionize the healthcare industry by providing non-invasive, accurate, and early detection of various diseases.

Keywords: Owlstone Medical, Breath Biopsy, Non-Invasive Diagnostics, Lung Cancer Detection, Volatile Organic Compounds, Medical Diagnostics Market, Healthcare Providers, Breath Biopsy OMNI, ReCIVA Breath Sampler, OMED Health.

Valuation $100–500M
Revenue $1–10M
Headcount 100–500
Total funding $100–500M
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Company overview

Owlstone Medical company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2004
Headquarters
Milton, United Kingdom
Employees
148
Open positions
None listed
Dealroom signal
64.0
Investment activity
1 companies · latest Jan 2013
Capital deployed
$0
Preferred round
CORPORATE SPINOUT
sub industryBioTechnologysub industryMedical Devicesbusiness modelManufacturingindustryHealthsectorBiotechnologysectorOncologysectorRemote MonitoringsectorPrecision MedicinesectorNon-Invasive medical devices and treatmentssectorHealth DiagnosticssectorSpinoutsectorTech for Patientssectoruk is8 life sciencessectorUKSU

Valuation & funding

Owlstone Medical funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GRANTOther financing Oct 2025 $0 Advanced Research Projects Agency for Health - ARPA-H
GRANTOther financing Mar 2025 $2.3M Cystic Fibrosis Foundation
SERIES EOther financing Jan 2025 $27M $290M Horizons Ventures · Aviva · Bill & Melinda Gates Foundation · Ventura Capital
GRANTOther financing Apr 2024 $6.5M Bill & Melinda Gates Foundation
SERIES DOther financing Sep 2021 $58M $232M Horizons Ventures
SERIES BOther financing Aug 2020 Aviva
LATE VCOther financing Oct 2018 Foxconn Technology Group · Aviva · Ventura Capital · Horizons Ventures
LATE VCOther financing Mar 2018 Horizons Ventures · Aviva
LATE VCOther financing Mar 2017 Aviva
LATE VCOther financing Jan 2017 Undisclosed
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Financials

Revenue, earnings and profit over time

Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.

YearRevenueGrowthEBITDAMargin
2026 $7.1M 0% −$21M -300.9%
2025 $7.1M +66.8% −$21M -300.9%
2024 $4.2M +53.4% −$21M -501.9%
2023 $2.8M +29.3% −$21M -769.8%
2022 $2.1M +30% −$21M -995%
2021 $1.6M -59.8% −$21M -1267.7%
2020 $4.1M −$14M -343.8%
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Growth signals

Owlstone Medical website traffic

Latest recorded traffic for Owlstone Medical is 9.5K monthly website visits, down 2.1% over the last three months. Owlstone Medical's team declined 12.4% over the past year.

Latest monthly visits9.5K 3-month web change-2.1% 1-year team growth-12.4%
Monthly website visits115 observations · Nov 2016–Jul 2026
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Comparisons

Owlstone Medical compared with similar companies

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Capital deployed

Owlstone Medical investments and acquisitions

Recent portfolio relationships for companies that also act as investors or acquirers.

Talent graph

Owlstone Medical's talent

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Team profiled 22 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

12 investors on Owlstone Medical's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 6 investors entered at this stage
Cambridge University Entrepreneurs
X PRIZE Foundation
SBRI Healthcare
Bill & Melinda Gates Foundation
Cystic Fibrosis Foundation
Advanced Research Projects Agency for Health - ARPA-H
Series A 1 investor entered at this stage
Vventures Investment
Series B+ 4 investors entered at this stage
Aviva
Horizons Ventures
Foxconn Technology Group
Ventura Capital
Other known 1 additional known investor
University of Cambridge

Global footprint

Where Owlstone Medical has talent and traffic

Workforce by country
6 countries with
team presence
🇬🇧 United Kingdom92.2%
🇺🇸 United States4.7%
🇳🇱 Netherlands0.8%
🇿🇦 South Africa0.8%
🇭🇰 Hong Kong0.8%
Top 5 of 6 shown

In the news

Latest news about Owlstone Medical

Recent press, funding announcements, and product moves mentioning Owlstone Medical — open to read from the original sources.

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Market sentiment

What the market is saying about Owlstone Medical

An AI-synthesized read of the highest-engagement posts about Owlstone Medical on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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