Blackrock Neurotech

Salt Lake City, United States Founded: 2008 • Age: 18 yrs Acquired By Tether
Medical devices for neurological therapies are developed.
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About Blackrock Neurotech

Blackrock Neurotech is a company based in Salt Lake City (United States) founded in 2008 by Florian Solzbacher and Marcus Gerhardt was acquired by Tether in April 2024.. Blackrock Neurotech has raised $22.37 million across 16 funding rounds from investors including HHS, European Union and Tether. Blackrock Neurotech has completed 1 acquisition, including HAHA69. Blackrock Neurotech operates in a competitive market with competitors including Cepheid, Beckman Coulter, Bruker, Esco Lifesciences and Agilent, among others.

  • Headquarter Salt Lake City, United States
  • Founders Florian Solzbacher, Marcus Gerhardt
  • Sectors
    Healthcare
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Blackrock Microsystems Llc
Operational Areas
Healthcare → Healthcare Products & Supplies
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $22.37 M (USD)

    in 16 rounds

  • Latest Funding Round
    $12.37 M (USD), Series B

    Apr 29, 2024

  • Investors
    HHS

    & 6 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Tether

    (Apr 29, 2024)

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People of Blackrock Neurotech
Headcount 50-200
Employee Profiles 49
Board Members and Advisors 3
Employee Profiles
People
Balaji Srikanthan
Senior Research And Development Engineer
People
Rishabh Vats
Senior Quality Engineer
People
Marcus Gerhardt
Co-Founder & CEO
People
Julia Brown
Head Of Data Strategy & AI

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Board Members and Advisors
people
Christian Angermayer
Co-Chairman
people
Tim Sievers
Co-Chairman
people
Pierre-Emmanuel Gaillardon
Advisor

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Funding Insights of Blackrock Neurotech

Blackrock Neurotech has successfully raised a total of $22.37M across 16 strategic funding rounds. The most recent funding activity was a Series B round of $12.37 million 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.

  • Total Funding
  • Total Rounds 16
  • Last Round Series B — $12.4M
  • First Round

    (15 Sep 2009)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2024 Amount Series B - Blackrock Neurotech Valuation

investors

Sep, 2023 Amount Grant - Blackrock Neurotech Valuation

investors

HHS
Aug, 2023 Amount Grant - Blackrock Neurotech 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 Blackrock Neurotech

Blackrock Neurotech has secured backing from 7 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include HHS, European Union and Tether. 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
Angel
Investor Description Founded Year Domain Location
Early-stage investments are provided in mental health and brain health sectors.
Founded Year Domain Location
Public health and human services are overseen by HHS.
Founded Year Domain Location
Administers health care and support for military personnel and operations.
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 Blackrock Neurotech

Blackrock Neurotech has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include HAHA69. 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.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
HAHA69 is recognized for providing online slot gaming services.
2016
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Blackrock Neurotech

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

Blackrock Neurotech Comparisons

Employees
+
Add Comparison
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Competitors of Blackrock Neurotech

Blackrock Neurotech 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, Beckman Coulter, Bruker, Esco Lifesciences and Agilent, 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 molecular diagnostic testing solutions
domain founded_year HQ Location
Provider of products for biomedical testing for R&D, diagnostic and commercial applications
domain founded_year HQ Location
Diversified research instrument systems are manufactured and supplied.
domain founded_year HQ Location
Manufacturer of biopharma equipment & IVF medical devices, and service provider for life science tools
domain founded_year HQ Location
Diversified instruments are developed for scientific and laboratory management.
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 Blackrock Neurotech

Frequently Asked Questions about Blackrock Neurotech

When was Blackrock Neurotech founded?

Blackrock Neurotech was founded in 2008 and raised its 1st funding round 1 year after it was founded.

Where is Blackrock Neurotech located?

Blackrock Neurotech is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.

Who is the current CEO of Blackrock Neurotech?

Marcus Gerhardt is the current CEO of Blackrock Neurotech. They have also founded this company.

Is Blackrock Neurotech a funded company?

Blackrock Neurotech is a funded company, having raised a total of $22.37M across 16 funding rounds to date. The company's 1st funding round was a Grant of $496.41K, raised on Sep 15, 2009.

What does Blackrock Neurotech do?

Blackrock Neurotech developer of medical devices for neurological therapies through life sciences, neurology, developing medical devices, therapeutic devices, neurorehabilitation, and clinic based. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

Who are the top competitors of Blackrock Neurotech?

Blackrock Neurotech's top competitors include Cepheid, Agilent and Esco Lifesciences.

How many acquisitions has Blackrock Neurotech made?

Blackrock Neurotech has made 1 acquisition, including HAHA69.

Who are Blackrock Neurotech's investors?

Blackrock Neurotech has 7 investors. Key investors include HHS, European Union, Tether, re.Mind Capital, and Peter Thiel.

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