A biotech startup is a new company that focuses on developing products and technologies using biological systems and living organisms. These startups often work on innovations in areas like medicine, agriculture, and environmental science. They aim to create solutions that can improve health, enhance food production, or address environmental challenges. Typically, biotech startups rely on research and development to bring their ideas to market. They may collaborate with universities, research institutions, or larger pharmaceutical companies. Funding is crucial for these startups, often coming from venture capital, government grants, or partnerships with established firms in the biotechnology industry.