Alveo Technologies

Alameda, United States Founded: 2014 • Age: 12 yrs
Cloud-powered POC MDx device
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About Alveo Technologies

Alveo Technologies is a company based in Alameda (United States) founded in 2014 by Mike Aicher and Lawrence M Blatt.. Alveo Technologies has raised $63.61 million across 3 funding rounds from investors including Gates Foundation and Maxim Group. Alveo Technologies offers products and services including Alveo Sense™ Poultry Avian Influenza Test and Alveo Platform. Alveo Technologies operates in a competitive market with competitors including NeuMoDx, GenMark Diagnostics, Biomeme, Sense Biodetection and Bioskryb, among others.

  • Headquarter Alameda, United States
  • Founders Mike Aicher, Lawrence M Blatt
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Alveo S.R.O.
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $63.61 M (USD)

    in 3 rounds

  • Latest Funding Round
    $16 M (USD), Series A

    Mar 29, 2021

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Alveo Technologies

Alveo Technologies offers a comprehensive portfolio of products and services, including Alveo Sense™ Poultry Avian Influenza Test and Alveo Platform. 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.

Primary

Rapid molecular tool for detecting avian influenza in poultry samples.

Handheld analyzer for on-site pathogen testing in various sectors.

People of Alveo Technologies
Headcount 10-50
Employee Profiles 27
Board Members and Advisors 3
Employee Profiles
People
Kelley Tran
Clinical Operations Manager
People
Zoya Zulfiqar
Program Manager Quality Assurance
People
Hexiang Liu
Data Scientist
People
Shaun Holt
CEO & Chairman

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Board Members and Advisors
people
Michael Marks
Board Member

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Funding Insights of Alveo Technologies

Alveo Technologies has successfully raised a total of $63.61M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $16 million completed in March 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 Rounds 3
  • Last Round Series A — $16.0M
  • First Round

    (05 Jan 2018)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2021 Amount Series A - Alveo Technologies Valuation

investors

Nov, 2020 Amount Grant - Alveo Technologies Valuation

investors

Jan, 2018 Amount Series A - Alveo Technologies Valuation

investors

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 Alveo Technologies

Alveo Technologies has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Gates Foundation and Maxim Group. 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
Institutional
Investor Description Founded Year Domain Location
Financial advisory services are provided across multiple sectors.
Founded Year Domain Location
Charitable foundation investments on poverty reduction and healthcare
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 Alveo Technologies

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 - Alveo Technologies

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

Alveo Technologies Comparisons

Employees
+
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Competitors of Alveo Technologies

Alveo Technologies 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 NeuMoDx, GenMark Diagnostics, Biomeme, Sense Biodetection and Bioskryb, 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
Developer of a platform for low cost molecular testing
domain founded_year HQ Location
Instruments and test panels for multiplexed molecular diagnostics are provided.
domain founded_year HQ Location
Smartphone-based DNA detection platform is developed for diagnostics.
domain founded_year HQ Location
Provider of point of care molecular diagnostics solutions
domain founded_year HQ Location
Genome amplification systems for DNA sequencing 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.

Frequently Asked Questions about Alveo Technologies

When was Alveo Technologies founded?

Alveo Technologies was founded in 2014 and raised its 1st funding round 4 years after it was founded.

Where is Alveo Technologies located?

Alveo Technologies is headquartered in Alameda, United States. It is registered at Alameda, California, United States.

Is Alveo Technologies a funded company?

Alveo Technologies is a funded company, having raised a total of $63.61M across 3 funding rounds to date. The company's 1st funding round was a Series A of $47.61M, raised on Jan 05, 2018.

What does Alveo Technologies do?

Alveo Technologies is an early-stage biotech company developing point of care molecular diagnostic devices. Alveos technology incorporates cloud-based analytics with rapid, point of care molecular testing to create an integrated, connected solution for infectious disease diagnostics.

Who are the top competitors of Alveo Technologies?

Alveo Technologies's top competitors include GenMark Diagnostics, NeuMoDx and Bioskryb.

What products or services does Alveo Technologies offer?

Alveo Technologies offers Alveo Sense™ Poultry Avian Influenza Test and Alveo Platform.

Who are Alveo Technologies's investors?

Alveo Technologies has 2 investors. Key investors include Gates Foundation, and Maxim Group.

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