Astek Diagnostics

Baltimore, United States Founded: 2020 • Age: 6 yrs
Blood test diagnostic devices are manufactured by Astek Diagnostics.
Annual revenue - Latest available
Total funding $3.2M 6 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Astek Diagnostics

Astek Diagnostics is a company based in Baltimore (United States) founded in 2020. Astek Diagnostics has raised $3.23 million across 6 funding rounds from investors including TEDCO, University of Southern Maryland and She's Independent. Astek Diagnostics operates in a competitive market with competitors including Cepheid, Day Zero Diagnostics, SeLux Diagnostics, SphingoTec and Proteomics International, among others.

  • Headquarter Baltimore, United States
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $3.23 M (USD)

    in 6 rounds

  • Latest Funding Round
    $250 K (USD), Seed

    Apr 02, 2024

  • Investors
    TEDCO

    & 7 more

  • Employee Count
    Not available
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People of Astek Diagnostics

Headcount 1-10
Employee Profiles 5
Employee Profiles
People
Kevin Tran
Co-founder
People
Mustafa Al-Adhami, Ph.D.
Chief Executive Officer
People
Courtney Cavin
Chief Product Officer
People
Rick Faint
Chief Financial Officer

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Funding Insights of Astek Diagnostics

Astek Diagnostics has successfully raised a total of $3.23M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $250 thousand completed in April 2024. 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 Astek Diagnostics

Astek Diagnostics has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include TEDCO, University of Southern Maryland and She's Independent.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
A platform for women to engage in angel investing is provided.
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Venture capital fund and startup accelerator programs focused on seed and early stage companies
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AYANA Capital is focused on early-stage investments in innovative companies.
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Investor details for Astek Diagnostics

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Investments & Acquisitions by Astek Diagnostics

Investments
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Investment portfolio details for Astek Diagnostics

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  • Transaction dates
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Financial Statements - Astek Diagnostics

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Detailed financials for Astek Diagnostics

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Astek Diagnostics Comparisons

Astek Diagnostics Primary company
Description
Blood test diagnostic devices are manufactured by Astek Diag...
Location
Baltimore, United States
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Astek Diagnostics

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Competitors of Astek Diagnostics

Astek Diagnostics 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 Cepheid, Day Zero Diagnostics, SeLux Diagnostics, SphingoTec and Proteomics International, among others.

Company Name Domain Founded year HQ Location Description
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Developer of molecular diagnostic testing solutions
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Genome sequencing diagnostics for infectious diseases are developed.
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Developer of alternatives to traditional ELISA assays
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Biomarker-based diagnostic solutions for cancer and cardiovascular diseases are developed.
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Medical technology company at the forefront of predictive diagnostics and bio-analytical services
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Biomarkers are identified for diagnosing high-risk medical conditions.
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Detailed competitors of Astek Diagnostics

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Latest news on Astek Diagnostics

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Complete news archive for Astek Diagnostics

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Frequently Asked Questions about Astek Diagnostics

Astek Diagnostics was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Astek Diagnostics is headquartered in Baltimore, United States. It is registered at Baltimore, Maryland, United States.

Astek Diagnostics is a funded company, having raised a total of $3.23M across 6 funding rounds to date.

Astek Diagnostics was founded in 2020 and is based in Baltimore, United States. Operations are focused on the medical diagnostics sector, where blood test devices are produced for healthcare applications. Manufacturing processes are centered on developing and assembling these diagnostic tools to support clinical testing needs. The companys activities are conducted within the United States, targeting improvements in blood analysis efficiency.

Astek Diagnostics's top competitors include Cepheid, Day Zero Diagnostics and SphingoTec.

Astek Diagnostics has 8 investors. Key investors include TEDCO, University of Southern Maryland, She's Independent, Wexford Science & Technology, and AYANA Capital.

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