About Advanced Instruments
Advanced Instruments is a company based in Norwood (United States) founded in 1955 was acquired by Patricia Industries in November 2020.. Advanced Instruments has completed 4 acquisitions, including Artel, Nova Biomedical and SAL Scientific. Advanced Instruments offers products and services including OsmoTECH XT, OsmoPRO MAX, GloCyte, and Artel MVS.
- Headquarter Norwood, United States
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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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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$793.33 K (USD), Grant
Jun 01, 2019
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Investors
European Union
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
Artel
& 3 more
- Acquired by
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Products & Services of Advanced Instruments
Advanced Instruments offers a comprehensive portfolio of products and services, including OsmoTECH XT, OsmoPRO MAX, GloCyte, and Artel MVS. 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.
Single-sample micro-osmometer for bioprocessing quality control
Automated osmometer for clinical diagnostic applications
Automated counter for CSF cell analysis in labs
Multichannel system for liquid handling accuracy
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Sales and Marketing
12 people
Product Management Team
4 people
Finance and Accounting
3 people
Software Development Team
3 people
Creative and Marketing Team
2 people
Senior Team
2 people
Key Team
2 people
Human Resources and Administration
2 people
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Funding Insights of Advanced Instruments
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $793,325
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First Round
First Round
(01 Jun 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Grant - Advanced Instruments | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Advanced Instruments
Advanced Instruments has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, Patricia Industries and Windjammer Capital Investors. 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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Private equity investments are managed from Newport Beach, United States.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Advanced Instruments
Advanced Instruments has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Artel, Nova Biomedical and SAL Scientific. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Services and solutions for companies engaged in mammalian cell line based drug discovery and development
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2013 | ||||
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Cell lines are developed for biotherapeutics development and manufacturing.
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2010 | ||||
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Artel is recognized for providing liquid handling verification solutions.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Advanced Instruments
| 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 |
Advanced Instruments Comparisons
Competitors of Advanced Instruments
| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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 Advanced Instruments
Frequently Asked Questions about Advanced Instruments
When was Advanced Instruments founded?
Advanced Instruments was founded in 1955 and raised its 1st funding round 64 years after it was founded.
Where is Advanced Instruments located?
Advanced Instruments is headquartered in Norwood, United States. It is registered at Norwood, Massachusetts, United States.
Who is the current CEO of Advanced Instruments?
Byron Selman is the current CEO of Advanced Instruments.
What does Advanced Instruments do?
Advanced Instruments develops, manufactures, and markets a wide range of equipment and reagents for clinical and food testing labs. The company offers products under three main categories: clinical, Diary analysis, and pharmaceuticals. The available clinical diagnostic portfolio includes neonatal bilirubin analyzer, Osmometers, CSF cell counter, Anaerobic jar systems, Standards and controls. The diary analysis segment includes Cryoscopes, Alp pasteurization test systems, and Milk preservatives.
What products or services does Advanced Instruments offer?
Advanced Instruments offers OsmoTECH XT, OsmoPRO MAX, GloCyte, and Artel MVS.
How many acquisitions has Advanced Instruments made?
Advanced Instruments has made 4 acquisitions, including Artel, Nova Biomedical, and SAL Scientific.
Who are Advanced Instruments's investors?
Advanced Instruments has 3 investors. Key investors include European Union, Patricia Industries, and Windjammer Capital Investors.
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