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
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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 Teagan Trucking, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$13.97 M (USD)
in 5 rounds
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Latest Funding Round
$7 M (USD), Seed
Nov 07, 2024
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Investors
Praxis
& 6 more
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Employee Count
Employee Count
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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. 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.
Enables fast manufacturing of tailored devices for research applications.
Automates flow control in microfluidic systems for precise operations.
Facilitates connections to capillary tubing in device setups.
Connects to male Luer fittings for fluid management.
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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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Seed — $7.0M
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First Round
First Round
(01 Jun 2020)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Seed - Parallel Fluidics | Valuation | J2 Ventures | |
| Dec, 2022 | Amount | Seed - Parallel Fluidics | Valuation |
investors |
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| Nov, 2021 | Amount | Angel Round - Parallel Fluidics | Valuation | Matt Blodgett , John McEleney |
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| 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 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. 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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Investments in tech startups are made by J2 Ventures.
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Founded Year | Domain | Location | |
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Investments in tech-enabled companies are managed by Praxis.
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Founded Year | Domain | Location | |
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Venture capital firm investing in technology, life sciences, and related sectors.
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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 Parallel Fluidics
| 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 - Parallel Fluidics
| 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 |
Parallel Fluidics Comparisons
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. 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 |
Microfluidic-based instruments for tumor analysis are developed.
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| domain | founded_year | HQ Location |
Intracellular gene delivery platform is developed using microfluidic devices.
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| domain | founded_year | HQ Location |
Cell therapy solutions for multiple therapeutic areas are developed.
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| domain | founded_year | HQ Location |
Advanced single-cell analysis solutions are provided for biotechnology research.
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| domain | founded_year | HQ Location |
Manufacturer of microfluidic chips
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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 Parallel Fluidics
Frequently Asked Questions about Parallel Fluidics
When was Parallel Fluidics founded?
Parallel Fluidics was founded in 2020.
Where is Parallel Fluidics located?
Parallel Fluidics is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Parallel Fluidics?
Joshua G is the current CEO of Parallel Fluidics. They have also founded this company.
Is Parallel Fluidics a funded company?
Parallel Fluidics is a funded company, having raised a total of $13.97M across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $1.8M, raised on Jun 01, 2020.
What does Parallel Fluidics do?
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.
Who are the top competitors of Parallel Fluidics?
Parallel Fluidics's top competitors include CellFE, Lightcast Discovery and Sarcura.
What products or services does Parallel Fluidics offer?
Parallel Fluidics offers Custom Microfluidic Devices, MV-1 Microvalve, 1/4-28 Port, and Luer Port.
Who are Parallel Fluidics's investors?
Parallel Fluidics has 7 investors. Key investors include Praxis, J2 Ventures, 8VC, Matt Blodgett, and John McEleney.