Luminex Corporation

Austin, United States Founded: 1995 • Age: 31 yrs Acquired By DiaSorin
Developer of instruments, reagents and kits for clinical diagnostics and life science research
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About Luminex Corporation

Luminex Corporation is a company based in Austin (United States) founded in 1995 was acquired by DiaSorin in April 2021.. The company has 1,004 employees as of December 31, 2022. Luminex Corporation has completed 4 acquisitions, including EraGen Biosciences, Genturadx and Nanosphere. Luminex Corporation offers products and services including LIAISON XL, xMAP Technology, and MAGPIX System. Luminex Corporation operates in a competitive market with competitors including Abcam, Stem Cell Technologies, Aldevron, Blaze Bioscience and Teknova, among others.

  • Headquarter Austin, United States
  • Employees 1004 as on 31 Dec, 2022
  • Stage Public
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Key Metrics
  • Annual Revenue
    $417.4 M
    25
    as on Dec 31, 2020
  • Net Profit
    $15.17 M
    495
    as on Dec 31, 2020
  • EBITDA
    $42.44 M
    451
    as on Dec 31, 2020
  • Latest Funding Round
    $11.3 M (USD), Grant

    Feb 19, 2021

  • Investors
    DiaSorin

    & 3 more

  • Employee Count
    1004

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    DiaSorin

    (Apr 12, 2021)

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Products & Services of Luminex Corporation

Luminex Corporation offers a comprehensive portfolio of products and services, including LIAISON XL, xMAP Technology, and MAGPIX System. 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.

Primary

Automated system for immunodiagnostic testing of diseases.

Platform for simultaneous biomarker detection in research.

Device for multiplex assays in diagnostics and life sciences.

People of Luminex Corporation
Headcount 1000-5000
Employee Profiles 94
Board Members and Advisors 1
Employee Profiles
People
Josh Glason
Vice President Asia Pacific
People
Sandeep Kumar
Regional Sales Manager
People
Jesse Nergard
Director Of Talent Acquisition, North America
People
Marco Pogliano
Assay Transfer Team Senior Manager Italy&uk

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Board Members and Advisors
people
Michele Denegri
Chairman

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Funding Insights of Luminex Corporation

  • Total Funding
  • Total Rounds 8
  • Last Round Grant — $11.3M
  • First Round

    (29 Feb 2008)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2021 Amount Grant - Luminex Corporation Valuation

investors

May, 2020 Amount Post-IPO - Luminex Corporation Valuation

investors

Mar, 2020 Amount Grant - Luminex Corporation 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 Luminex Corporation

Luminex Corporation has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include DiaSorin, Public Health Emergency and National Science 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.

All
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
A government-backed foundation providing seed-stage investments to support small businesses.
Founded Year Domain Location
-
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 Luminex Corporation

Luminex Corporation has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include EraGen Biosciences, Genturadx and Nanosphere. 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
Molecular diagnostic platforms for clinical PCR analysis are developed.
2005
Diagnostic tests for personalized medicine targeting infections are provided.
1999
Molecular reagents and diagnostic assays for disease detection are developed.
1994
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 - Luminex Corporation

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

Luminex Corporation Comparisons

Employees
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Competitors of Luminex Corporation

Luminex Corporation 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 Abcam, Stem Cell Technologies, Aldevron, Blaze Bioscience and Teknova, 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
Biological reagents and antibodies are developed for life science research.
domain founded_year HQ Location
Developer of cell culture media and ancillary reagents for life science research
domain founded_year HQ Location
Developer and custom manufacturer of nucleic acids, proteins and antibodies for research, clinical and commercial applications
domain founded_year HQ Location
Blaze Bioscience is focused on improving cancer patient outcomes.
domain founded_year HQ Location
Molecular biology reagents and kits are supplied for research applications.
domain founded_year HQ Location
Molecular diagnostic device and kits
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 Luminex Corporation

Frequently Asked Questions about Luminex Corporation

When was Luminex Corporation founded?

Luminex Corporation was founded in 1995 and raised its 1st funding round 13 years after it was founded.

Where is Luminex Corporation located?

Luminex Corporation is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

How many employees does Luminex Corporation have?

As of Dec 31, 2022, the latest employee count at Luminex Corporation is 1,004.

What is the annual revenue of Luminex Corporation?

Annual revenue of Luminex Corporation is $417.4M as on Dec 31, 2020.

What does Luminex Corporation do?

Luminex was founded in 1995 in Austin, United States, and operates within the biotechnology sector. Instruments, reagents, and kits are developed for clinical diagnostics and life science research applications. Bead- and tag-based technologies are specialized in for multiplexing immunoassays and nucleic acid assays. Clinical diagnostic solutions are provided for infectious diseases and genetic disorders, supporting operations across research and healthcare domains.

Who are the top competitors of Luminex Corporation?

Luminex Corporation's top competitors include Abcam, Meridian Bioscience and Aldevron.

What products or services does Luminex Corporation offer?

Luminex Corporation offers LIAISON XL, xMAP Technology, and MAGPIX System.

How many acquisitions has Luminex Corporation made?

Luminex Corporation has made 4 acquisitions, including EraGen Biosciences, Genturadx, and Nanosphere.

Who are Luminex Corporation's investors?

Luminex Corporation has 4 investors. Key investors include DiaSorin, Public Health Emergency, National Science Foundation, and HHS.

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