About Prophotonix
Prophotonix is a company based in Salem (United States) founded in 1951 was acquired by Exaktera in February 2022.. Prophotonix operates in a competitive market with competitors including OLEDWorks, QD Vision, Nexdot, NanoPhotonica and Crystalplex, among others.
- Headquarter Salem, United States
- Stage Public
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Prophotonix Limited
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$670.1 K (USD), Grant
Dec 01, 2020
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Acquired by
Exaktera
(Feb 11, 2022)
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Funding Insights of Prophotonix
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $670,095
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First Round
First Round
(01 Jun 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Grant - Prophotonix | Valuation |
investors |
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| Apr, 2019 | Amount | Grant - Prophotonix | Valuation |
investors |
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| Jun, 2016 | Amount | Grant - Prophotonix | 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 Prophotonix
Prophotonix has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Exaktera. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Laser and LED products are manufactured and designed.
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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 Prophotonix
| 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 - Prophotonix
| 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 |
Prophotonix Comparisons
Competitors of Prophotonix
Prophotonix 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 OLEDWorks, QD Vision, Nexdot, NanoPhotonica and Crystalplex, 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 |
OLED panels are manufactured and supplied to luminaire makers.
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| domain | founded_year | HQ Location |
Quantum dot solutions for display applications are provided to OEMs.
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| domain | founded_year | HQ Location |
Quantum dot materials are developed for displays, lighting, and optoelectronics.
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| domain | founded_year | HQ Location |
Light-emitting nano-materials are developed for electronic displays.
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| domain | founded_year | HQ Location |
Alloy gradient quantum dots are developed for optoelectronics applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Prophotonix
Frequently Asked Questions about Prophotonix
When was Prophotonix founded?
Prophotonix was founded in 1951 and raised its 1st funding round 65 years after it was founded.
Where is Prophotonix located?
Prophotonix is headquartered in Salem, United States.
What does Prophotonix do?
Founded in 1951 and based in Salem, United States, Prophotonix is engaged in the manufacture of custom LED lights, laser modules, laser diodes, and UV LED systems for curing and disinfection. Solutions are provided to original equipment manufacturers in industrial, medical, and scientific sectors. Industries served include food and beverage, pharmaceutical, printing, semiconductor, and security, with operations focused on design and production of tailored photonics components.
Who are the top competitors of Prophotonix?
Prophotonix's top competitors include OLEDWorks, Ns Nanotech and Nexdot.
Who are Prophotonix's investors?
Prophotonix has 2 investors. Key investors include European Union, and Exaktera.