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
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Sectors
Healthcare
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Phone
*********
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Website
*********
- Legal Name Scalar Magnetics, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$225 K (USD), Grant
Oct 01, 2020
- Investors
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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.
Offers portable NMR for spectroscopy at low magnetic fields.
Funding Insights of Scalar Magnetics
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $225,000
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First Round
First Round
(01 Oct 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2020 | Amount | Grant - Scalar Magnetics | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 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.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund backed by the US Government
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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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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 Scalar Magnetics
| 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 - Scalar Magnetics
| 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 |
Scalar Magnetics Comparisons
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.
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| domain | founded_year | HQ Location |
Scientific, industrial, and medical equipment is developed and manufactured.
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| domain | founded_year | HQ Location |
Developer, manufacturer, integrator, and supplier of key components for NMR spectrometers
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| domain | founded_year | HQ Location |
Benchtop MRI systems are supplied for magnetic resonance research.
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| domain | founded_year | HQ Location |
Creates Magnetic Resonance technology for educational, research, and industrial applications.
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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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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.