PortaScience

Moorestown, United States Founded: 1999 • Age: 27 yrs Acquired By DCN Diagnostics
Develops rapid diagnostic assays and platforms

About PortaScience

PortaScience is a Healthcare company based in Moorestown (United States) founded in 1999, and was acquired by DCN Diagnostics in June 2021. It develops rapid diagnostic assays and platforms. Its focus areas include Diversified Diagnostics.

Company details

PortaScience is focused on developing rapid testing and monitoring technologies for the healthcare, veterinary, agricultural and consumer markets. The company is exploring industry partners for licensing, manufacturing and marketing of developed technologies for products such as POC device for white cell count in whole blood; HbA1c test; non-instrumented whole blood coagulation test and semi-quantitative test for measurement of iodine in iodized salt. The company also develops technology that enables farmers to test milk quality and improve animal health.

  • Headquarters Moorestown, United States
  • Stage Acquired
  • Sectors
    Healthcare
  • Email
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  • Website portascience.com
  • Social LinkedIn
  • Acquired by DCN Diagnostics (Jun 2021)
Operational Areas
Key Metrics

Funding Insights of PortaScience

  • Total Rounds 6
  • Last Round Grant β€” $400,000
  • First Round $352,626

    (Jan 2005)

  • Investors Count 1

All 6 funding rounds of PortaScience with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2013$400,000Grant––
–
Aug 2010$1.09MGrant––
Jan 2009$1.21MGrant––
Jan 2009$119,110Grant––
Jul 2008$119,291Grant––
Jan 2005$352,626Grant––
Valuation history

2 investors in total: 2 institutional.

Investors in PortaScience

PortaScience has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include HHS and DCN Diagnostics.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Public health and human services are overseen by HHS.
1953hhs.gov-
Lateral flow assay development and related services are offered.
2004dcndx.comCarlsbad, United States
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Investor details for PortaScience

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Timeline of PortaScience

4 dated milestones of PortaScience across 22 years, from founding to its latest funding, stage changes and deals.

  1. Founded PortaScience is founded.
  2. Funding First funding round of $353K.
  3. Funding Latest funding round, Grant, of $400K.
  4. Exit Acquired by DCN Diagnostics.

Top companies in Diagnostics & Lab Tech

10 companies that operate in the same segment as PortaScience (Diagnostics & Lab Tech), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Pharmaceuticals and diagnostics kits are developed for various diseases.
1896Basel, Basel-stadt, Switzerland–USD 77.61 B103,250
At-home health tests for biomarkers, nutrition, and hormone analysis.
2014Austin, Texas, United StatesUSD 330 M–336
Point-of-care and laboratory blood analyzers are developed by EKF.
1990Penarth, Wales, United KingdomUSD 178.63 KUSD 69.43 M303
Blood testing services are offered using finger-prick microsamples.
2017Austin, Texas, United StatesUSD 37.7 M––
Manufactures clinical diagnostic test kits
1971Irvine, California, United States–USD 4.45 M54
Biomarker-based diagnostic solutions for cancer and cardiovascular diseases are developed.
2002Hennigsdorf, Brandenburg, GermanyUSD 36.14 M––
Diagnostic instrumentation and assays
1987Puteaux, Hauts-de-seine, France–––
Manufacturer of Laboratory equipment
1955Norwood, Massachusetts, United States–––
Cloud based diagnostics platform for point of care diagnosing
2014Waltham, Massachusetts, United StatesUSD 703.91 MUSD 115.02 K9
Diagnostics technology for infectious diseases and health monitoring is provided.
2012Hong Kong, ChinaUSD 34 M––
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Related news about Portascience

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Frequently Asked Questions about PortaScience

PortaScience was founded in 1999 and raised its 1st funding round 6 years after it was founded.

PortaScience is headquartered in Moorestown, United States. It is registered at Moorestown, New Jersey, United States.

PortaScience is focused on developing rapid testing and monitoring technologies for the healthcare, veterinary, agricultural and consumer markets. The company is exploring industry partners for licensing, manufacturing and marketing of developed technologies for products such as POC device for white cell count in whole blood; HbA1c test; non-instrumented whole blood coagulation test and semi-quantitative test for measurement of iodine in iodized salt. The company also develops technology that enables farmers to test milk quality and improve animal health.

PortaScience has 2 investors. Key investors include HHS, and DCN Diagnostics.

Yes. PortaScience was acquired by DCN Diagnostics in June 2021.

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