miDiagnostics

Leuven, Belgium Founded: 2015 • Age: 11 yrs
Disposable chips are developed for rapid point-of-care blood diagnostics.
Annual revenue $12.6M Latest available
Total funding $112.8M 4 rounds
Employees 93 Tracked headcount
Investors 13 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About miDiagnostics

miDiagnostics is a company based in Leuven (Belgium) founded in 2015. miDiagnostics has raised $112.75 million across 4 funding rounds from investors including Thermo Fisher Scientific, Imec and Johns Hopkins University. The company has 93 employees as of December 31, 2022. miDiagnostics offers products and services including nanoFluidic Processor, PCR Card, Reader, and Software. miDiagnostics operates in a competitive market with competitors including Biological Dynamics, Nanosphere, Anteo Tech, Genomic Vision and Aligned Bio, among others.

  • Headquarter Leuven, Belgium
  • Employees 93 as on 31 Dec, 2022
  • Sectors
    Technology
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Midiagnostics
Operational Areas
Technology → Quantum & Emerging Technologies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $12.59 M (USD)
    0
    as on Dec 31, 2017
  • Net Profit
    -$12.52 M (USD)
    2
    as on Dec 31, 2019
  • EBITDA
    Not available
  • Total Equity Funding
    $112.75 M (USD)

    in 4 rounds

  • Latest Funding Round
    $31.52 M (USD), Series D

    Dec 03, 2024

  • Investors
  • Employee Count
    93

    as on Dec 31, 2022

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Products & Services of miDiagnostics

miDiagnostics offers a comprehensive portfolio of products and services, including nanoFluidic Processor, PCR Card, Reader, and Software.

Product name locked
Category locked
Primary

Enables high-precision, fast testing at low cost for molecular diagnostics.

Product name locked
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Facilitates sample processing with nanometer precision for accurate results.

Product name locked
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Processes tests and provides results in under 30 minutes.

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Supports protocols for lab information systems and result traceability.

People of miDiagnostics

Headcount 50-200
Employee Profiles 13
Board Members and Advisors 8
Employee Profiles
People
Katleen Verleysen
CEO
People
Dave Morrow
Senior Vice President Of Product Development
People
Olivier Desmarets
VP, Manufacturing & Supply Chain
People
Mireille Maenhoudt
VP, Research

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Board Members and Advisors
people
Luc Van
Director
people
Piet Wigerinck
Director
people
Els Degroote
Director
people
Michel Akkermans
Director

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Funding Insights of miDiagnostics

miDiagnostics has successfully raised a total of $112.75M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $31.52 million completed in December 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.

Investors in miDiagnostics

miDiagnostics has secured backing from 13 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Thermo Fisher Scientific, Imec and Johns Hopkins University.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Alychlo is engaged in investment activities supporting entrepreneurial dreams.
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Pamica is recognized as a growing industrial and service conglomerate.
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Investor details for miDiagnostics

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  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by miDiagnostics

Investments
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Investment portfolio details for miDiagnostics

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  • Transaction dates
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Financial Statements - miDiagnostics

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Detailed financials for miDiagnostics

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  • Profit trends
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Midiagnostics Comparisons

miDiagnostics Primary company
Description
Disposable chips are developed for rapid point-of-care blood...
Location
Leuven, Belgium
Founded Year
2015
Annual Revenue
$12.59 M (USD)
Net Profit
-$12.52 M (USD)
EBITDA
Not available
Employees
93
As of 2022
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Peer comparison for miDiagnostics

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Competitors of miDiagnostics

miDiagnostics 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 Biological Dynamics, Nanosphere, Anteo Tech, Genomic Vision and Aligned Bio, among others.

Company Name Domain Founded year HQ Location Description
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Proprietary lab-on-chip platform for nanoparticle isolation is offered.
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Diagnostic tests for personalized medicine targeting infections are provided.
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Coupling reagents are developed for biomolecules immobilization on surfaces.
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Single DNA molecules are analyzed via nanotechnology for cancer diagnostics.
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Nanowire-based sensors and alignment technologies are provided for molecular detection.
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Detailed competitors of miDiagnostics

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Latest news on Midiagnostics

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Complete news archive for miDiagnostics

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  • Source and publication date
  • Older coverage
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Frequently Asked Questions about miDiagnostics

miDiagnostics was founded in 2015.

miDiagnostics is headquartered in Leuven, Belgium. It is registered at Leuven, Flemish Brabant, Belgium.

Katleen Verleysen is the current CEO of miDiagnostics.

miDiagnostics is a funded company, having raised a total of $112.75M across 4 funding rounds to date.

As of Dec 31, 2022, the latest employee count at miDiagnostics is 93.

Annual revenue of miDiagnostics is $12.59M as on Dec 31, 2017.

MiDiagnostics was founded in 2015 as a joint venture between IMEC and Johns Hopkins University, based in Leuven, Belgium. Disposable chips are created using immunochemistry and nanotechnology to analyze biomarkers from a single blood drop for diagnosing cancer, infectious diseases, and cardiometabolic conditions like diabetes and cholesterol monitoring. Integration with an app enables data sharing with physicians and caregivers, and a consumer device is also offered.

miDiagnostics's top competitors include Biological Dynamics, Anteo Tech and Nanosphere.

miDiagnostics offers nanoFluidic Processor, PCR Card, Reader, and Software.

miDiagnostics has 13 investors. Key investors include Thermo Fisher Scientific, Imec, Johns Hopkins University, PMV, and VLAIO.

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