About Tecan
Tecan is a company based in Mannedorf (Switzerland) founded in 1980. The company has 3,590 employees as of December 31, 2024. Tecan has completed 7 acquisitions, including IBL International, NuGEN and Paramit. Tecan operates in a competitive market with competitors including Opentrons, Waters Corporation, Emerald Therapeutics, Andrew Alliance and Quartzy, among others.
- Headquarter Mannedorf, Switzerland
- Employees 3590 as on 31 Dec, 2024
- Stage Public
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Sectors
Healthcare
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Tecan Group Ag
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Annual Revenue
$1.03 B (USD)-13.04as on Dec 31, 2024
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Net Profit
$74.68 M (USD)-48.77as on Dec 31, 2024
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EBITDA
$156.18 M (USD)-29.85as on Dec 31, 2024
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Latest Funding Round
$32.9 M (USD), Grant
Oct 27, 2020
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Investors
HHS
& 2 more
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Employee Count
3590
as on Dec 31, 2024
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Investments & Acquisitions
IBL International
& 6 more
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IPO & Listings of Tecan
Tecan is a publicly listed company on the SIX with ticker symbol TECN in Switzerland, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of Tecan
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Software Development Team
73 people
Sales and Marketing
37 people
Senior Team
24 people
Product Management Team
21 people
Finance and Accounting
17 people
Leadership Team
14 people
Human Resources and Administration
10 people
Head Team
7 people
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Funding Insights of Tecan
Investors in Tecan
Tecan has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include HHS, European Union and U.S. Department of Defense.
| Investor | Description | Founded Year | Domain | Location |
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Public health and human services are overseen by HHS.
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Military forces are provided by the U.S. Department of Defense for national security.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Locked | Locked | Locked |
Investor details for Tecan
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Investments & Acquisitions by Tecan
Tecan has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include IBL International, NuGEN and Paramit.
Investment portfolio details for Tecan
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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High-performance machines and equipment are designed and manufactured.
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Locked | Locked | 2005 | Locked | |
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Amplification products for genomic analysis are developed and supplied.
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Locked | Locked | 2000 | Locked | |
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Multi-tipped robotic liquid handling systems are developed for lab automation.
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Locked | Locked | 2000 | Locked |
Complete acquisition details for Tecan
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Financial Statements - Tecan
Detailed financials for Tecan
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- Profit trends
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Tecan Comparisons
Peer comparison for Tecan
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Competitors of Tecan
Tecan 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 Opentrons, Waters Corporation, Emerald Therapeutics, Andrew Alliance and Quartzy, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Pipetting robots for laboratory automation are developed.
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Provider of laboratory management system for researchers and clinicians
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Cloud-based remote lab automation software is offered for life sciences.
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Provider of automated liquid handling tools and software for scientific labs
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Lab management platform for life sciences is offered by Quartzy.
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Detailed competitors of Tecan
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Latest news on Tecan
Complete news archive for Tecan
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Frequently Asked Questions about Tecan
Tecan was founded in 1980 and raised its 1st funding round 35 years after it was founded.
Tecan is headquartered in Mannedorf, Switzerland. It is registered at Mannedorf, Zurich, Switzerland.
As of Dec 31, 2024, the latest employee count at Tecan is 3,590.
Annual revenue of Tecan is $1.03B as on Dec 31, 2024.
Tecan was founded in 1980 and is headquartered in Mannedorf, Switzerland. Operations focus on the life sciences and diagnostics sectors, where automated laboratory instruments and solutions are developed and supplied. Key offerings include Fluent laboratory automation systems, liquid handling robotics, readers and washers, microarray scanners, software for workflow management, and immunoassay diagnostics with integrated automation. Global distribution supports research, clinical, and industrial applications in laboratory environments.
Tecan's top competitors include Opentrons, Waters Corporation and Andrew Alliance.
Yes, Tecan is publicly traded on SIX under the ticker symbol TECN.
Tecan has made 7 acquisitions, including IBL International, NuGEN, and Paramit.
Tecan has 3 investors. Key investors include HHS, European Union, and U.S. Department of Defense.
The ticker symbol of Tecan is TECN on SIX.