About Adaptix
Adaptix is a company based in Oxford (United Kingdom) founded in 2000 was acquired by Avingtrans in July 2023.. Adaptix has raised $43.43 million across 10 funding rounds from investors including Micron Technology, Avingtrans and European Union. The company has 50 employees as of March 31, 2022. Adaptix offers products and services including Veterinary Imaging, Ortho Imaging, and Non-Destructive Testing. Adaptix operates in a competitive market with competitors including Nanox, IBA, OXOS Medical, QDI systems and Lumitron Technologies, among others.
- Headquarter Oxford, United Kingdom
- Employees 50 as on 31 Mar, 2022
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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 Adaptix Limited
- Date of Incorporation 24 Mar, 2009
- Jurisdiction OXFORD, UNITED KINGDOM
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Annual Revenue
$1.04 M (USD)0as on Dec 31, 2019
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Net Profit
$-920.26 K (USD)0as on Dec 31, 2019
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EBITDA
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Total Equity Funding
$43.43 M (USD)
in 10 rounds
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Latest Funding Round
$3.43 M (USD), Series A
Oct 19, 2021
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Investors
Micron Technology
& 7 more
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Employee Count
50
as on Mar 31, 2022
- Acquired by
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Products & Services of Adaptix
Adaptix offers a comprehensive portfolio of products and services, including Veterinary Imaging, Ortho Imaging, and Non-Destructive Testing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Delivers 3D X-ray for veterinary diagnostics and imaging needs.
Provides point-of-care 3D diagnostics for orthopaedics applications.
Enables 3D X-ray for quality assurance in manufacturing.
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Funding Insights of Adaptix
Adaptix has successfully raised a total of $43.43M across 10 strategic funding rounds. The most recent funding activity was a Series A round of $3.43 million completed in October 2021. 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.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Series A — $3.4M
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First Round
First Round
(15 Aug 2005)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series A - Adaptix | Valuation |
investors |
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| Feb, 2021 | Amount | Series A - Adaptix | Valuation | Open Opportunity Fund |
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| Dec, 2020 | Amount | Series A - Adaptix | Valuation | Celesta Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Adaptix
Adaptix has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Micron Technology, Avingtrans and European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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A technology investment company focused on HardTech and Software.
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Founded Year | Domain | Location | |
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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Adaptix
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Adaptix
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Adaptix Comparisons
Competitors of Adaptix
Adaptix 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 Nanox, IBA, OXOS Medical, QDI systems and Lumitron Technologies, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Digital X-ray sources are developed by Nanox for cloud-based diagnostics.
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| domain | founded_year | HQ Location |
Innovative solutions for cancer treatment and industrial applications are provided by IBA.
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| domain | founded_year | HQ Location |
Orthopedic imaging devices and software are developed for surgical use.
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| domain | founded_year | HQ Location |
Developer of X-ray imaging diagnostic devices for medical applications
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| domain | founded_year | HQ Location |
See-through x-ray imaging systems for medical applications are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Adaptix
Frequently Asked Questions about Adaptix
When was Adaptix founded?
Adaptix was founded in 2000 and raised its 1st funding round 5 years after it was founded.
Where is Adaptix located?
Adaptix is headquartered in Oxford, United Kingdom. It is registered at Oxford, Oxfordshire, United Kingdom.
Is Adaptix a funded company?
Adaptix is a funded company, having raised a total of $43.43M across 10 funding rounds to date. The company's 1st funding round was a Series A of $8M, raised on Aug 15, 2005.
How many employees does Adaptix have?
As of Mar 31, 2022, the latest employee count at Adaptix is 50.
What is the annual revenue of Adaptix?
Annual revenue of Adaptix is $1.04M as on Dec 31, 2019.
What does Adaptix do?
Adaptix was founded in 2000 and is based in Oxford, United Kingdom. Operations focus on the radiology sector, where planar X-ray products for diagnostic imaging are developed and provided. A patented Flat Panel X-ray Source using cold cathode field emitters enables digitized imaging systems. Additionally, 3D imaging through digital tomosynthesis is offered, with applications including breast imaging.
Who are the top competitors of Adaptix?
Adaptix's top competitors include Nanox, IBA and OXOS Medical.
What products or services does Adaptix offer?
Adaptix offers Veterinary Imaging, Ortho Imaging, and Non-Destructive Testing.
Who are Adaptix's investors?
Adaptix has 8 investors. Key investors include Micron Technology, Avingtrans, European Union, Acacia Research, and Open Opportunity Fund.
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