About LIQID Medical
LIQID Medical is a company based in Cape Town (South Africa) founded in 2017 by Daemon McClunan.. LIQID Medical has raised $1.74 million across 3 funding rounds from investors including Gov and SAB Foundation. LIQID Medical offers products and services including QMAX and QFLOW. LIQID Medical operates in a competitive market with competitors including iSTAR Medical, Ciliatech, Nova Eye Medical and Microt, among others.
- Headquarter Cape Town, South Africa
- Founders Daemon McClunan
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Sectors
Healthcare
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Phone
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Website
*********
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Social
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- Legal Name Liqid Medical (Pty) Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.74 M (USD)
in 3 rounds
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Latest Funding Round
$1.74 M (USD), Seed
Nov 23, 2022
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Investors
Gov
& 1 more
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Employee Count
Employee Count
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Products & Services of LIQID Medical
LIQID Medical offers a comprehensive portfolio of products and services, including QMAX and QFLOW. 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.
Device that drains aqueous fluid to reduce eye pressure and treat glaucoma.
Minimally invasive tool for glaucoma surgery to form ideal drainage blebs.
Funding Insights of LIQID Medical
LIQID Medical has successfully raised a total of $1.74M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.74 million completed in November 2022. 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 Funding
- Total Rounds 3
- Last Round Seed — $1.7M
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First Round
First Round
(01 Jun 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Grant - LIQID Medical | Valuation |
investors |
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| Nov, 2022 | Amount | Seed - LIQID Medical | Valuation |
investors |
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| Jun, 2019 | Amount | Grant - LIQID Medical | Valuation |
investors |
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| 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 |
Investors in LIQID Medical
LIQID Medical has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Gov and SAB Foundation. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provider of online government services and information
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Founded Year | Domain | Location | |
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Support is provided for entrepreneurs and social innovators in South Africa.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by LIQID Medical
| 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 - LIQID Medical
| 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 |
Liqid Medical Comparisons
Competitors of LIQID Medical
LIQID Medical 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 iSTAR Medical, Ciliatech, Nova Eye Medical and Microt, 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 |
Minimally invasive glaucoma surgery implants are developed for open-angle treatment.
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| domain | founded_year | HQ Location |
Hydrophilic hydrogel implants for glaucoma treatment are developed.
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| domain | founded_year | HQ Location |
Medical devices for glaucoma treatment are developed and provided.
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| domain | founded_year | HQ Location |
Medical devices for glaucoma treatment are developed by Microt.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about LIQID Medical
When was LIQID Medical founded?
LIQID Medical was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is LIQID Medical located?
LIQID Medical is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.
Who is the current CEO of LIQID Medical?
Daemon McClunan is the current CEO of LIQID Medical. They have also founded this company.
Is LIQID Medical a funded company?
LIQID Medical is a funded company, having raised a total of $1.74M across 3 funding rounds to date. The company's 1st funding round was a Grant of $92.56K, raised on Jun 01, 2019.
What does LIQID Medical do?
LIQID Medical was founded in 2017 in Cape Town, South Africa, within the medical devices sector. Focus is placed on ophthalmology solutions, particularly for glaucoma management. The OptiShunt device is offered as an implantable option that drains excess fluid from the eye to address vision risks. Operations center on device development and clinical applications in eye health.
Who are the top competitors of LIQID Medical?
LIQID Medical's top competitors include iSTAR Medical, Nova Eye Medical and Microt.
What products or services does LIQID Medical offer?
LIQID Medical offers QMAX and QFLOW.
Who are LIQID Medical's investors?
LIQID Medical has 2 investors. Key investors include Gov, and SAB Foundation.