Scalar Magnetics

Baltimore, United States Founded: 2019 • Age: 7 yrs
Affordable portable NMR tools for chemical analysis are developed.

About Scalar Magnetics

Scalar Magnetics is a company based in Baltimore (United States) founded in 2019 by Stephen DeVience.. Scalar Magnetics offers products and services including Low-Field NMR Spectroscopy. Scalar Magnetics operates in a competitive market with competitors including Nanalysis Corp., JEOL, QUAD Systems, Pure Devices and Resonint, among others.

  • Headquarter Baltimore, United States
  • Founders Stephen DeVience
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Legal Name Scalar Magnetics, Llc
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $225 K (USD), Grant

    Oct 01, 2020

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Scalar Magnetics

Scalar Magnetics offers a comprehensive portfolio of products and services, including Low-Field NMR Spectroscopy. 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.

Primary

Offers portable NMR for spectroscopy at low magnetic fields.

Funding Insights of Scalar Magnetics

  • Total Funding
  • Total Rounds 1
  • Last Round Grant — $225,000
  • First Round

    (01 Oct 2020)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2020 Amount Grant - Scalar Magnetics Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Scalar Magnetics

Scalar Magnetics has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include America’s Seed Fund. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital fund backed by the US Government
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Scalar Magnetics

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Scalar Magnetics

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Scalar Magnetics Comparisons

Employees
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Competitors of Scalar Magnetics

Scalar Magnetics 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 Nanalysis Corp., JEOL, QUAD Systems, Pure Devices and Resonint, 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
Benchtop NMR spectrometers are developed and manufactured for scientific applications.
domain founded_year HQ Location
Scientific, industrial, and medical equipment is developed and manufactured.
domain founded_year HQ Location
Developer, manufacturer, integrator, and supplier of key components for NMR spectrometers
domain founded_year HQ Location
Benchtop MRI systems are supplied for magnetic resonance research.
domain founded_year HQ Location
Creates Magnetic Resonance technology for educational, research, and industrial applications.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Scalar Magnetics

Frequently Asked Questions about Scalar Magnetics

When was Scalar Magnetics founded?

Scalar Magnetics was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Scalar Magnetics located?

Scalar Magnetics is headquartered in Baltimore, United States. It is registered at Baltimore, Maryland, United States.

What does Scalar Magnetics do?

Scalar Magnetics was founded in 2019 by Stephen DeVience in Baltimore, United States. Nuclear magnetic resonance (NMR) spectroscopy tools that are affordable and portable are developed for chemical analysis applications. Operations center on advancing portable NMR technology within the scientific instruments sector. The companys online presence is maintained through scalarmag.com, with a focus on accessibility for research and industrial uses in the United States.

Who are the top competitors of Scalar Magnetics?

Scalar Magnetics's top competitors include Nanalysis Corp., JEOL and QUAD Systems.

What products or services does Scalar Magnetics offer?

Scalar Magnetics offers Low-Field NMR Spectroscopy.

Who are Scalar Magnetics's investors?

Scalar Magnetics has 1 investor. Key investors include America’s Seed Fund.

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