InstantLabs

Baltimore, United States Founded: 2008 • Age: 18 yrs Acquired By LuminUltra
Portable RT-PCR platform for food safety pathogen detection is provided.
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About InstantLabs

InstantLabs is a company based in Baltimore (United States) founded in 2008 was acquired by LuminUltra in September 2018.. InstantLabs has raised $875 thousand across 1 funding round from investors including LuminUltra and Maryland Department of Commerce. InstantLabs operates in a competitive market with competitors including DermTech, NeuMoDx, Biocartis, Stilla Technologies and Biomeme, among others.

  • Headquarter Baltimore, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Biotechnology, Genomics & Life Sciences Research
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $875 K (USD)

    in 1 rounds

  • Latest Funding Round
    $875 K (USD), Seed

    Jul 13, 2013

  • Investors
    LuminUltra

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    LuminUltra

    (Sep 21, 2018)

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Funding Insights of InstantLabs

InstantLabs has successfully raised a total of $875K through 1 strategic funding round. The most recent funding activity was a Seed round of $875 thousand completed in July 2013. 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 1
  • Last Round Seed — $875,000
  • First Round

    (13 Jul 2013)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2013 Amount Seed - InstantLabs 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 InstantLabs

InstantLabs has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include LuminUltra and Maryland Department of Commerce. 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
Economic development services are provided by Maryland Department of Commerce.
Founded Year Domain Location
Microbial concentrations in water are monitored via ATP luminometer technology.
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 InstantLabs

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 - InstantLabs

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

Instantlabs Comparisons

Employees
+
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Competitors of InstantLabs

InstantLabs 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, Biocartis, 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
domain founded_year HQ Location
Adhesive patch biopsies for skin cancer detection are provided.
domain founded_year HQ Location
Developer of a platform for low cost molecular testing
domain founded_year HQ Location
Molecular assays for disease detection are developed using proprietary technology.
domain founded_year HQ Location
Digital PCR solutions for research are developed and analyzed.
domain founded_year HQ Location
Smartphone-based DNA detection platform is developed for diagnostics.
domain founded_year HQ Location
Point-of-care molecular platforms for infectious disease detection 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.

Latest news on Instantlabs

LuminUltra Acquires InstantLabs
Foodsafetymagazine7 years ago

Frequently Asked Questions about InstantLabs

When was InstantLabs founded?

InstantLabs was founded in 2008 and raised its 1st funding round 5 years after it was founded.

Where is InstantLabs located?

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

Is InstantLabs a funded company?

InstantLabs is a funded company, having raised a total of $875K across 1 funding round to date. The company's 1st funding round was a Seed of $875K, raised on Jul 13, 2013.

What does InstantLabs do?

InstantLabs was founded in 2008 in Baltimore, United States, and operates in the food safety testing sector. A fully-integrated, portable RT-PCR platform known as Hunter is offered for rapid pathogen detection and species verification. This technology is utilized primarily for food safety applications by government agencies, multinational food producers, and healthcare providers. Operations focus on accurate, on-site testing solutions across these sectors.

Who are the top competitors of InstantLabs?

InstantLabs's top competitors include DermTech, Biocartis and Stilla Technologies.

Who are InstantLabs's investors?

InstantLabs has 2 investors. Key investors include LuminUltra, and Maryland Department of Commerce.

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