About Module Innovations
Module Innovations is a company based in Pune (India) founded in 2014. Module Innovations has raised $799.89 thousand across 6 funding rounds from investors including CARB-X, NSTEDB and Department of Biotechnology. Module Innovations offers products and services including USENSe and ASTSENSe. Module Innovations operates in a competitive market with competitors including Access Bio, SD Biosensor, Lumos Diagnostics, Fluxergy and DxGen, among others.
- Headquarter Pune, India
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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 Module Innovations Private Limited
- Date of Incorporation 03 Jun, 2014
- Jurisdiction Haveli, Maharashtra, India
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Annual Revenue
$66.36 K (USD)-77.35as on Mar 31, 2023
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Net Profit
-$28.56 K (USD)-11.38as on Mar 31, 2023
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EBITDA
-$86.33 K (USD)-51.53as on Mar 31, 2023
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Total Equity Funding
$799.89 K (USD)
in 6 rounds
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Latest Funding Round
$24.17 K (USD), Series A
Jan 20, 2024
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Investors
CARB-X
& 8 more
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Employee Count
Employee Count
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Products & Services of Module Innovations
Module Innovations offers a comprehensive portfolio of products and services, including USENSe and ASTSENSe.
Rapid test providing UTI positive or negative results in 15 minutes.
Delivers antimicrobial susceptibility profiles in as short as two hours.
People of Module Innovations
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Funding Insights of Module Innovations
Module Innovations has successfully raised a total of $799.89K across 6 strategic funding rounds. The most recent funding activity was a Series A round of $24.17 thousand completed in January 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.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series A — $24,167
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Series A - Module Innovations | Valuation | BITS Pilani |
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| Jun, 2020 | Amount | Series A - Module Innovations | Valuation | CARB-X |
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| Nov, 2016 | Amount | Seed - Module Innovations | Valuation | EDC , Entrepreneurship Development Center |
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Investors in Module Innovations
Module Innovations has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include CARB-X, NSTEDB and Department of Biotechnology.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm investing in applied generative AI
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Founded Year | Domain | Location | |
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Antibiotics, vaccines, and diagnostics against drug-resistant bacteria are developed.
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Founded Year | Domain | Location | |
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Business growth support is provided by EDC in Iowa.
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Founded Year | Domain | Location |
Investments & Acquisitions by Module Innovations
Financial Statements - Module Innovations
Module Innovations Comparisons
Competitors of Module Innovations
Module Innovations 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 Access Bio, SD Biosensor, Lumos Diagnostics, Fluxergy and DxGen, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
In vitro rapid diagnostic tests, biosensor, and molecular diagnostic products for diagnosis of infectious diseases.
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| domain | founded_year | HQ Location |
Biosensors for point-of-care diagnostics are developed by SD Biosensor.
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| domain | founded_year | HQ Location |
Diversified diagnostic assays and readers are developed for point-of-care use.
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| domain | founded_year | HQ Location |
Provides diagnostic devices and software for clinical and veterinary point-of-care testing.
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| domain | founded_year | HQ Location |
Point-of-care diagnostic products for diabetes and tuberculosis are provided.
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Latest news on Module Innovations
Frequently Asked Questions about Module Innovations
Module Innovations was founded in 2014.
Module Innovations is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Module Innovations is a funded company, having raised a total of $799.89K across 6 funding rounds to date. The company's 1st funding round was a Seed of $73.72K, raised on Dec 13, 2014.
Annual revenue of Module Innovations is $66.36K as on Mar 31, 2023.
Module Innovations was founded in 2014 in Pune, India, within the biotechnology sector. Diagnostic strips are produced by the company to identify bacterial infections through a color shift from blue to red. One-time and reusable nanofiber variants are also created for selective detection of Enterohaemorrhagic Escherichia coli. Operations center on medical diagnostics tools, supporting infection identification in clinical and research settings.
Module Innovations's top competitors include Access Bio, SD Biosensor and Lumos Diagnostics.
Module Innovations offers USENSe and ASTSENSe.
Module Innovations has 9 investors. Key investors include CARB-X, NSTEDB, Department of Biotechnology, EDC, and Entrepreneurship Development Center.
The valuation of Module Innovations is $737.89K as of Nov 2016.