Advion

Ithaca, United States Founded: 1993 • Age: 33 yrs Acquired By Quintiles
Microfluidics and mass spectrometry products are provided for clinical research.
Annual revenue - Latest available
Total funding $45.6M 8 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Advion

Advion is a company based in Ithaca (United States) founded in 1993 was acquired by Quintiles in February 2012. Advion has raised $45.64 million across 8 funding rounds from investors including Skyline Ventures, Polaris Partners and IQVIA. Advion has completed 1 acquisition, including Interchim. Advion offers products and services including ex press ion CMS, AVANT HPLC, and SOLATION ICP-MS. Advion operates in a competitive market with competitors including 908 Devices, BioAgilytix, Refeyn, Alderley Analytical and Tentamus, among others.

  • Headquarter Ithaca, United States
  • Sectors
    Healthcare
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Advion, Inc.
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Services & Infrastructure Unlock Sub-Sector Unlock Segment
Technology → Quantum & Emerging Technologies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $45.64 M (USD)

    in 8 rounds

  • Latest Funding Round
    $1.5 M (USD), Series D

    Jun 25, 2014

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Quintiles

    (Feb 01, 2012)

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Products & Services of Advion

Advion offers a comprehensive portfolio of products and services, including ex press ion CMS, AVANT HPLC, and SOLATION ICP-MS.

Product name locked
Category locked
Primary

Compact mass spectrometer for real-time chemical analysis in labs.

Product name locked
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High-performance liquid chromatography system for compound separation.

Product name locked
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ICP-MS solution for multi-element detection in scientific testing.

People of Advion

Headcount 50-200
Employee Profiles 9
Employee Profiles
People
Vijay Gupta
VP, International Business Development & Support
People
Chris Tarshus
Team Leadership
People
Pierre - François Icart
Commercial Leadership
People
Stéphane Graziani
Team Leadership

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Funding Insights of Advion

Advion has successfully raised a total of $45.64M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $1.5 million completed in June 2014. 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 Advion

Advion has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Skyline Ventures, Polaris Partners and IQVIA.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
US life sciences companies are invested in by Skyline Ventures.
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US focused venture capital firm
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Healthcare advancements are driven by IQVIA through connected intelligence.
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Investor details for Advion

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Advion

Advion has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Interchim.

Investments
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Investment portfolio details for Advion

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  • Portfolio identities
  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Manufacturer of consumables and instruments for research and industry.
Locked Locked 1970 Locked
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Complete acquisition details for Advion

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  • Domains and locations

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Financial Statements - Advion

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Detailed financials for Advion

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Advion Comparisons

Advion Primary company
Description
Microfluidics and mass spectrometry products are provided fo...
Location
Ithaca, United States
Founded Year
1993
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Advion

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Competitors of Advion

Advion 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 908 Devices, BioAgilytix, Refeyn, Alderley Analytical and Tentamus, among others.

Company Name Domain Founded year HQ Location Description
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Handheld chemical detection devices are manufactured using mass spectrometry.
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Large-molecule bioanalysis is provided for biologics and biosimilars development.
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Single molecular mass measurement technology is developed for biomolecules.
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Bioanalytical assays for drug development are developed and validated.
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Analytical and quality assurance services are provided for diverse industries.
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Preclinical and clinical drug development CRO with proprietary in-house Biomarker platform
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Detailed competitors of Advion

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  • Domains and locations
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Latest news on Advion

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Complete news archive for Advion

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  • Source and publication date
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Frequently Asked Questions about Advion

Advion was founded in 1993 and raised its 1st funding round 9 years after it was founded.

Advion is headquartered in Ithaca, United States. It is registered at Ithaca, New York, United States.

Advion is a funded company, having raised a total of $45.64M across 8 funding rounds to date.

Advion Biosciences, a spin-off from the Cornell University, is engaged in the development and manufacture of innovative products based on microfluidics and mass spectrometry for life science research and clinical development. The companys proprietary products are expression CMS (Compact Mass Spectrometer), Chip-Mate (a nano-LC ion source), NanoTek(microfluidics flow-chemistry system used for probe synthesis for imaging), Triversa NanoMate(Chip-based electrospray ionization). These products have applications such as reaction monitoring, protein assays, biomarkers and peptide synthesis, PET chemistry, lipid analysis and metabolite identification, radiopharmaceutical research and production. The company has sales and support offices in North America, Europe, and Japan. Advion Bioservices bioanalytical services division was sold off to Quintiles in 2011.

Advion's top competitors include 908 Devices, Alderley Analytical and BioAgilytix.

Advion offers ex press ion CMS, AVANT HPLC, and SOLATION ICP-MS.

Advion has made 1 acquisition, including Interchim.

Advion has 3 investors. Key investors include Skyline Ventures, Polaris Partners, and IQVIA.

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