About Dropworks
Dropworks is a company based in Phoenix (United States) founded in 2016 was acquired by Bio Rad in October 2021.. Dropworks offers products and services including Digital PCR Instrument and Digital PCR Technology. Dropworks operates in a competitive market with competitors including DermTech, NeuMoDx, GenMark Diagnostics, Stilla Technologies and Biomeme, among others.
- Headquarter Phoenix, United States
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Sectors
Healthcare
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Email
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Phone
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Website
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Products & Services of Dropworks
Dropworks offers a comprehensive portfolio of products and services, including Digital PCR Instrument and Digital PCR Technology. 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.
Enables absolute quantification of nucleic acids with simple, rapid workflow.
Provides multiplexed quantification without technical replicates for research.
Funding Insights of Dropworks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Dropworks
Dropworks has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Bio Rad. 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.
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Portfolio of products and services for life science research and clinical diagnostic markets
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Dropworks
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Dropworks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Dropworks Comparisons
Competitors of Dropworks
Dropworks 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 DermTech, NeuMoDx, GenMark Diagnostics, Stilla Technologies and Biomeme, 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 |
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Adhesive patch biopsies for skin cancer detection are provided.
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Developer of a platform for low cost molecular testing
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Instruments and test panels for multiplexed molecular diagnostics are provided.
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Digital PCR solutions for research are developed and analyzed.
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Smartphone-based DNA detection platform is developed for diagnostics.
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Lab-on-a-chip technologies for miniaturized cell-biology testing are developed.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Dropworks
Frequently Asked Questions about Dropworks
When was Dropworks founded?
Dropworks was founded in 2016.
Where is Dropworks located?
Dropworks is headquartered in Phoenix, United States. It is registered at Phoenix, Arizona, United States.
Who is the current CEO of Dropworks?
Chris Perkins is the current CEO of Dropworks.
What does Dropworks do?
DropWorks was founded in 2016 and is based in Phoenix, United States. Operations focus on the biotechnology sector, where digital PCR instruments are produced for laboratory settings. Instrumentation and analytical techniques based on continuous flow droplet nanoreactors are under development. Absolute quantification and high sensitivity are enabled by the digital PCR approach. Automation of assay mixing and related innovations are being pursued.
Who are the top competitors of Dropworks?
Dropworks's top competitors include DermTech, GenMark Diagnostics and Stilla Technologies.
What products or services does Dropworks offer?
Dropworks offers Digital PCR Instrument and Digital PCR Technology.
Who are Dropworks's investors?
Dropworks has 1 investor. Key investors include Bio Rad.
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