Advanced Liquid Logic

Durham, United States Founded: 2004 • Age: 22 yrs Acquired By Illumina
Bioassay protocols are executed via digital microfluidics technology.
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About Advanced Liquid Logic

Advanced Liquid Logic is a company based in Durham (United States) founded in 2004 was acquired by Illumina in July 2013.. Advanced Liquid Logic has raised $5 million across 24 funding rounds from investors including Illumina, Square 1 Bank and HHS. Advanced Liquid Logic operates in a competitive market with competitors including Biological Dynamics, Miroculus, Achira, NanoTemper and Cellix, among others.

  • Headquarter Durham, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Advanced Liquid Logic Inc
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $5 M (USD)

    in 24 rounds

  • Latest Funding Round
    $240.2 K (USD), Grant

    Jul 01, 2013

  • Investors
    Illumina

    & 4 more

  • Employee Count
    Employee Count
  • Acquired by
    Illumina

    (Jul 23, 2013)

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Funding Insights of Advanced Liquid Logic

Advanced Liquid Logic has successfully raised a total of $5M across 24 strategic funding rounds. The most recent funding activity was a Grant round of $240.2 thousand completed in July 2013. 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 Rounds 24
  • Last Round Grant — $240,201
  • First Round

    (01 Apr 2005)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2013 Amount Grant - Advanced Liquid Logic Valuation

investors

HHS
May, 2013 Amount Debt – Venture - Advanced Liquid Logic Valuation

investors

May, 2013 Amount Grant - Advanced Liquid Logic Valuation

investors

HHS
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Advanced Liquid Logic

Advanced Liquid Logic has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Illumina, Square 1 Bank and HHS. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Biotech startups are incubated and funded in North Carolina.
Founded Year Domain Location
Public health and human services are overseen by HHS.
Founded Year Domain Location
Venture debt, treasury, and cash management services are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Advanced Liquid Logic

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Advanced Liquid Logic

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Advanced Liquid Logic Comparisons

Employees
+
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Competitors of Advanced Liquid Logic

Advanced Liquid Logic 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 Biological Dynamics, Miroculus, Achira, NanoTemper and Cellix, 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
Proprietary lab-on-chip platform for nanoparticle isolation is offered.
domain founded_year HQ Location
MicroRNA profiling platform is developed to detect genes in samples.
domain founded_year HQ Location
Provider of diagnostic medical devices for screening Covid 19
domain founded_year HQ Location
Develops tools for protein characterization & analysis
domain founded_year HQ Location
Microfluidics, biochips, and high-throughput gene-editing technologies are manufactured.
domain founded_year HQ Location
Microfluidic tools for protein sizing, aggregation, and interactions are developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Advanced Liquid Logic

Frequently Asked Questions about Advanced Liquid Logic

When was Advanced Liquid Logic founded?

Advanced Liquid Logic was founded in 2004 and raised its 1st funding round 1 year after it was founded.

Where is Advanced Liquid Logic located?

Advanced Liquid Logic is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.

Is Advanced Liquid Logic a funded company?

Advanced Liquid Logic is a funded company, having raised a total of $5M across 24 funding rounds to date. The company's 1st funding round was a Grant of $181.05K, raised on Apr 01, 2005.

What does Advanced Liquid Logic do?

Advanced Liquid Logic, a spinout from Duke Univesitys Pratt School of Engineering, provides solutions to complex bio assay protocol using digital microfluidics. Advanced Liquid Logics digital microfluidic technology is based on the use of electrowetting to precisely manipulate droplets on a surface. Digital microfluidics harnesses the electrowetting effect to precisely manipulate droplets within a sealed microfluidic cartridge (also called a Lab-on-a-chip). Digital microfluidics harnesses the electrowetting effect to precisely manipulate droplets within a sealed microfluidic cartridge (also called a Lab-on-a-chip). Advanced Liquid Logic has developed methods for implementing many bioassay protocols using digital microfluidics. Examples include: Quantitative analysis of DNA (qPCR) and RNA (RT-qPCR); Protein analysis using both enzymatic and immunoassay techniques; DNA sequencing using a sequencing-by-synthesis method; Sample preparation from many different sample matrices (blood, swabs, saliva, etc.); Preparation of fragment libraries for next generation sequencing.

Who are the top competitors of Advanced Liquid Logic?

Advanced Liquid Logic's top competitors include Biological Dynamics, Achira and Miroculus.

Who are Advanced Liquid Logic's investors?

Advanced Liquid Logic has 5 investors. Key investors include Illumina, Square 1 Bank, HHS, NCBiotech, and Ojp.

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