About Millrock Technology
Millrock Technology is a company based in Kingston (United States) founded in 2004 was acquired by Artemis in September 2025.. Millrock Technology offers products and services including MicroFD® Small Research Freeze Dryer, STELLAR® Laboratory Freeze Dryer, and MAGNUM® Pilot Freeze Dryer. Millrock Technology operates in a competitive market with competitors including Brooks Automation, Hemanext, Bridge to Life, Atelerix and Cellbox Solutions, among others.
- Headquarter Kingston, United States
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Millrock Technology, Inc.
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Products & Services of Millrock Technology
Millrock Technology offers a comprehensive portfolio of products and services, including MicroFD® Small Research Freeze Dryer, STELLAR® Laboratory Freeze Dryer, and MAGNUM® Pilot Freeze Dryer. 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.
Freeze dryer for small-scale research and development applications.
Freeze dryer designed for pharmaceutical and biotech lab use.
Freeze dryer for scaling up production in R&D settings.
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Funding Insights of Millrock Technology
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $131,800
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First Round
First Round
(25 Aug 2009)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2009 | Amount | Grant - Millrock Technology | Valuation |
investors |
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| Aug, 2009 | Amount | Grant - Millrock Technology | Valuation |
investors |
| 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 Millrock Technology
Millrock Technology has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include HHS and Artemis. 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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Artemis is engaged in private equity for industrial technology.
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Founded Year | Domain | Location | |
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Public health and human services are overseen by HHS.
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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 Millrock Technology
| 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 - Millrock Technology
| 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 |
Millrock Technology Comparisons
Competitors of Millrock Technology
Millrock Technology 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 Brooks Automation, Hemanext, Bridge to Life, Atelerix and Cellbox Solutions, 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 |
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| domain | founded_year | HQ Location |
Vacuum robots for semiconductor wafer handling are developed.
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| domain | founded_year | HQ Location |
Technologies for blood and product storage are developed.
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| domain | founded_year | HQ Location |
Cold storage solutions for organ transplant preservation are provided.
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Technology for cell storage and transportation is developed.
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| domain | founded_year | HQ Location |
Portable devices for cell storage and transport are provided.
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Thermal packaging solutions and cold chain monitoring services are provided.
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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 Millrock Technology
Frequently Asked Questions about Millrock Technology
When was Millrock Technology founded?
Millrock Technology was founded in 2004 and raised its 1st funding round 5 years after it was founded.
Where is Millrock Technology located?
Millrock Technology is headquartered in Kingston, United States.
What does Millrock Technology do?
Millrock Technology was founded in 2004 and is based in Kingston, United States. Freeze-drying and lyophilization systems are designed and manufactured by the company for laboratory to cGMP production scales. These systems serve biotech, pharmaceutical, and industrial sectors, including support for hemp extract production by addressing ice formation, processing inconsistencies, extended drying times, and preservation of flavor, aroma, and color in batches.
Who are the top competitors of Millrock Technology?
Millrock Technology's top competitors include Brooks Automation, Hemanext and Bridge to Life.
What products or services does Millrock Technology offer?
Millrock Technology offers MicroFD® Small Research Freeze Dryer, STELLAR® Laboratory Freeze Dryer, and MAGNUM® Pilot Freeze Dryer.