Parallel Fluidics

Boston, United States Founded: 2020 • Age: 6 yrs
Microfluidic chips are provided for research labs using embossing technology.
Annual revenue - Latest available
Total funding $14.0M 5 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 4 Services tracked
Competitors 8 Brand Intelligence

About Parallel Fluidics

Parallel Fluidics is a company based in Boston (United States) founded in 2020 by Joshua G and Andy Harris. Parallel Fluidics has raised $13.97 million across 5 funding rounds from investors including Praxis, J2 Ventures and 8VC. Parallel Fluidics offers products and services including Custom Microfluidic Devices, MV-1 Microvalve, 1/4-28 Port, and Luer Port. Parallel Fluidics operates in a competitive market with competitors including Lunaphore, CellFE, Sarcura, Lightcast Discovery and Hummingbird Nano, among others.

  • Headquarter Boston, United States
  • Founders Joshua G, Andy Harris
  • Sectors
    Healthcare
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  • Legal Name Teagan Trucking, Llc
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $13.97 M (USD)

    in 5 rounds

  • Latest Funding Round
    $7 M (USD), Seed

    Nov 07, 2024

  • Investors
    Praxis

    & 6 more

  • Employee Count
    Not available
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Products & Services of Parallel Fluidics

Parallel Fluidics offers a comprehensive portfolio of products and services, including Custom Microfluidic Devices, MV-1 Microvalve, 1/4-28 Port, and Luer Port.

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Primary

Enables fast manufacturing of tailored devices for research applications.

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Automates flow control in microfluidic systems for precise operations.

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Facilitates connections to capillary tubing in device setups.

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Connects to male Luer fittings for fluid management.

People of Parallel Fluidics

Headcount 1-10
Employee Profiles 3
Board Members and Advisors 2
Employee Profiles
People
Jack Reich
Director Of Manufacturing
People
Joshua Gomes
CEO & Co-Founder
People
Scott MacDonald
Machinist & Technician

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Funding Insights of Parallel Fluidics

Parallel Fluidics has successfully raised a total of $13.97M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $7 million completed in November 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 Parallel Fluidics

Parallel Fluidics has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Praxis, J2 Ventures and 8VC.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investments in tech startups are made by J2 Ventures.
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Investments in tech-enabled companies are managed by Praxis.
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Venture capital firm investing in technology, life sciences, and related sectors.
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Investor details for Parallel Fluidics

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Investments & Acquisitions by Parallel Fluidics

Investments
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Investment portfolio details for Parallel Fluidics

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Financial Statements - Parallel Fluidics

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Detailed financials for Parallel Fluidics

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Parallel Fluidics Comparisons

Parallel Fluidics Primary company
Description
Microfluidic chips are provided for research labs using embo...
Location
Boston, United States
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Parallel Fluidics

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Competitors of Parallel Fluidics

Parallel Fluidics 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 Lunaphore, CellFE, Sarcura, Lightcast Discovery and Hummingbird Nano, among others.

Company Name Domain Founded year HQ Location Description
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Microfluidic-based instruments for tumor analysis are developed.
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Intracellular gene delivery platform is developed using microfluidic devices.
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Cell therapy solutions for multiple therapeutic areas are developed.
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Advanced single-cell analysis solutions are provided for biotechnology research.
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Manufacturer of microfluidic chips
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Detailed competitors of Parallel Fluidics

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Latest news on Parallel Fluidics

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Complete news archive for Parallel Fluidics

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Frequently Asked Questions about Parallel Fluidics

Parallel Fluidics was founded in 2020.

Parallel Fluidics is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Joshua G is the current CEO of Parallel Fluidics. They have also founded this company.

Parallel Fluidics is a funded company, having raised a total of $13.97M across 5 funding rounds to date.

Parallel Fluidics was established in 2020 in Boston, United States, within the biotechnology sector. Microfluidic chips are supplied to research labs, with custom cartridges developed through embossing and 3D micromachining processes. Operations center on precision fluid handling solutions for scientific applications, supporting lab-based experiments and prototyping needs across the region.

Parallel Fluidics's top competitors include CellFE, Lightcast Discovery and Sarcura.

Parallel Fluidics offers Custom Microfluidic Devices, MV-1 Microvalve, 1/4-28 Port, and Luer Port.

Parallel Fluidics has 7 investors. Key investors include Praxis, J2 Ventures, 8VC, Matt Blodgett, and John McEleney.

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