About Accumax
Accumax is a company based in Gandhinagar (India) founded in 2002 by Tejas Shah and Chirag Shah. Accumax has raised $68 million across 1 funding round from investors including Creador, Moringa Partnership and Gandaraditya Chola. Accumax offers products and services including FAB Pipette, Screw Cap Tubes, Green MAX Tip Racks, iFuge C4000 NXT, and Bioprocess Solutions. Accumax operates in a competitive market with competitors including Cepheid, Beckman Coulter, Bruker, Blackrock Neurotech and Esco Lifesciences, among others.
- Headquarter Gandhinagar, India
- Founders Tejas Shah, Chirag Shah
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Accumax Lab Devices Private Limited
- Date of Incorporation 26 Sep, 2017
- Jurisdiction Gandhinagar, Gujarat, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$68 M (USD)
in 1 rounds
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Latest Funding Round
$68 M (USD), Series C
May 31, 2022
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Investors
Creador
& 3 more
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Employee Count
Not available
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Products & Services of Accumax
Accumax offers a comprehensive portfolio of products and services, including FAB Pipette, Screw Cap Tubes, Green MAX Tip Racks, iFuge C4000 NXT, and Bioprocess Solutions.
Precise pipette for ergonomic liquid measurement in labs.
Tubes for secure sample storage and protection.
Racks for efficient pipette tip management.
Centrifuge for clinical sample preparation.
Components for fluid transfer in bioprocessing.
Funding Insights of Accumax
Accumax has successfully raised a total of $68M through 1 strategic funding round. The most recent funding activity was a Series C round of $68 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Accumax
Accumax has secured backing from 4 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Creador, Moringa Partnership and Gandaraditya Chola.
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Investment firm focusing on partnerships in consumer, healthcare, and business services across Southeast Asia and India.
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Private equity firm focused on life sciences investments in India.
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Investments in agroforestry projects are managed by Moringa fund.
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Investor details for Accumax
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Investments & Acquisitions by Accumax
Investment portfolio details for Accumax
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Financial Statements - Accumax
Detailed financials for Accumax
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Accumax Comparisons
Peer comparison for Accumax
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Competitors of Accumax
Accumax operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cepheid, Beckman Coulter, Bruker, Blackrock Neurotech and Esco Lifesciences, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Developer of molecular diagnostic testing solutions
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Provider of products for biomedical testing for R&D, diagnostic and commercial applications
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Diversified research instrument systems are manufactured and supplied.
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Medical devices for neurological therapies are developed.
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Manufacturer of biopharma equipment & IVF medical devices, and service provider for life science tools
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Diversified instruments are developed for scientific and laboratory management.
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Detailed competitors of Accumax
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Latest news on Accumax
Complete news archive for Accumax
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Frequently Asked Questions about Accumax
Accumax was founded in 2002 and raised its 1st funding round 20 years after it was founded.
Accumax is headquartered in Gandhinagar, India. It is registered at Gandhinagar, Gujarat, India.
Accumax is a funded company, having raised a total of $68M across 1 funding round to date.
Accumax was founded in 2002 in Gandhinagar, India, as a manufacturer within the laboratory solutions sector. Operations center on the production of liquid handling instruments, plastic consumables, and benchtop equipment. These products support research and testing environments, with distribution handled through the companys domain, accumaxlab.com. Leadership includes co-founders Tejas Shah and Chirag Shah.
Accumax's top competitors include Cepheid, Blackrock Neurotech and Agilent.
Accumax offers FAB Pipette, Screw Cap Tubes, Green MAX Tip Racks, iFuge C4000 NXT, and Bioprocess Solutions.
Accumax has 4 investors. Key investors include Creador, Moringa Partnership, Gandaraditya Chola, and InvAscent.