About Millidrop
Millidrop is a company based in Paris (France) founded in 2015.. Millidrop has raised $1.13 million across 5 funding rounds from investors including Bpifrance, European Union and EIC Fund. Millidrop offers products and services including MilliDrop AzurEvo, OT-2 Liquid Handler, Bolt ELISA Analyzer, and ThunderBolt ELISA Analyzer. Millidrop operates in a competitive market with competitors including 10X Genomics, Mission Bio, Cellares, LUMICKS and LevitasBio, among others.
- Headquarter Paris, France
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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 Gold Standard Diagnostics Budapest Kft.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.13 M (USD)
in 5 rounds
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Latest Funding Round
$2.2 M (USD), Debt – Conventional
Sep 12, 2018
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Investors
Bpifrance
& 3 more
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Employee Count
Employee Count
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Products & Services of Millidrop
Millidrop offers a comprehensive portfolio of products and services, including MilliDrop AzurEvo, OT-2 Liquid Handler, Bolt ELISA Analyzer, and ThunderBolt ELISA Analyzer. 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.
Platform for high-throughput micro-organism phenotyping and analysis
Automated system for precise liquid handling in diagnostics
Instrument for enzyme-linked immunosorbent assay testing
Advanced analyzer for ELISA-based pathogen detection
Funding Insights of Millidrop
Millidrop has successfully raised a total of $1.13M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $2.2 million completed in September 2018. 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 5
- Last Round Debt – Conventional — $2.2M
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First Round
First Round
(30 Jan 2016)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2018 | Amount | Debt – Conventional - Millidrop | Valuation |
investors |
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| Jan, 2018 | Amount | Grant - Millidrop | Valuation |
investors |
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| Aug, 2017 | Amount | Grant - Millidrop | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Millidrop
Millidrop has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Bpifrance, European Union and EIC Fund. 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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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Tech & Life Sciences focused stage agnostic VC firm investing in Europe, Asia & the US
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Founded Year | Domain | Location | |
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Corporate consultancy, advisory, and funding services are provided to businesses.
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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 Millidrop
| 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 - Millidrop
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Millidrop Comparisons
Competitors of Millidrop
Millidrop 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 10X Genomics, Mission Bio, Cellares, LUMICKS and LevitasBio, 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 |
Instrument systems for genomic research and sequencing libraries are developed.
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| domain | founded_year | HQ Location |
Single-cell multi-omics platform is provided for genotypic and phenotypic analysis.
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| domain | founded_year | HQ Location |
Medical devices for cell-based therapy manufacturing are produced.
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| domain | founded_year | HQ Location |
Optical tweezers instruments for single-molecule analysis are manufactured.
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| domain | founded_year | HQ Location |
Single-cell imaging platform developed via magnetic levitation technology.
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| domain | founded_year | HQ Location |
AI-enabled platform for microbiome data generation and analysis is developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Millidrop
Frequently Asked Questions about Millidrop
When was Millidrop founded?
Millidrop was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Millidrop located?
Millidrop is headquartered in Paris, France.
Is Millidrop a funded company?
Millidrop is a funded company, having raised a total of $1.13M across 5 funding rounds to date. The company's 1st funding round was a Grant of $59K, raised on Jan 30, 2016.
What does Millidrop do?
The company was founded in 2015 in Paris, France, and operates in the biotechnology sector. Benchtop automated instruments are developed by it to handle and analyze up to 10,000 reactions in parallel, utilizing milli fluidics technology. Focus is placed on bacteriological research and diagnosis, with the first product being the MilliDrop Analyzer for cell culture. Validation has been achieved for screening algae, fungi, bacteria, yeasts, and antimicrobial susceptibility testing.
Who are the top competitors of Millidrop?
Millidrop's top competitors include 10X Genomics, Mission Bio and Cellares.
What products or services does Millidrop offer?
Millidrop offers MilliDrop AzurEvo, OT-2 Liquid Handler, Bolt ELISA Analyzer, and ThunderBolt ELISA Analyzer.
Who are Millidrop's investors?
Millidrop has 4 investors. Key investors include Bpifrance, European Union, EIC Fund, and Seventure Partners.
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