Parallek Fluidics, a Boston MA-based digital manufacturer of microfluidic devices, raised $1.8M in funding.
Investors included leaders in digital manufacturing and the lab-on-chip space, including:
- Larry Lukis, Founder and Chairman (retired) of ProtoLabs, the world’s leader in rapid manufacturing,
- Matt Blodgett, an early investor in ProtoLabs and Xometry,
- John McEleney, Co-Founder of Onshape, and
- Sean Dalton, who led Xometry’s Series A investment.
The company intends to use the funds to hire new employees, in particular manufacturing and mechanical engineers, and further develop its capabilities and capacity.
Founded in 2020 by Josh Gomes, a veteran of the organ-on-chip industry, and Andy Harris, a software engineer who previously built automated orchestration systems at Uber, Parallel Fluidics is a digital manufacturer of microfluidic devices, which scale down complicated laboratory processes into single devices that are often smaller than a credit card. The miniaturization and automation afforded by these microfluidic chips have the potential to decrease the cost and increase the reliability of point-of-care testing, genomics, diagnostics, drug development, and many other fields.
FinSMEs
23/11/2021