# Affomix

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/affomix

- Industry: Biopolymers
- Headquarters: New Haven, US
- Website: affomix.com
- Total disclosed funding: $7M
- Latest round: Series A (Feb 22, 2008)
- Investors on record: 3

## About

Affomix Corp. delivers specialized blending solutions that enhance manufacturing processes across diverse sectors, including food processing and pharmaceuticals, by optimizing efficiency and ensuring product uniformity.Affomix Corp. was founded in 2006 and is headquartered in New Haven, US. The company focuses on innovative blending solutions and has undergone funding rounds, including its latest Series A round, raising USD 7.00 mn from investors such as Connecticut Innovations and Elm Street Ventures. In July 2010, Affomix Corp. was acquired by Illumina, Inc.Affomix specializes in innovative blending solutions tailored for food processing, pharmaceuticals, and chemical manufacturing. Their advanced mixing equipment is designed to enhance operational efficiency, ensuring uniformity in mixtures while reducing processing times, thereby addressing challenges related to product quality and downtime.Affomix generates revenue through direct sales and partnerships with distributors in target markets, focusing on B2B engagements for bulk orders of specialized mixing equipment. Their revenue comes from both equipment sales and maintenance contracts, allowing for recurring income streams through their premium-priced, reliable products.With the recent funding secured in July 2010, Affomix plans to develop and launch new products aimed at expanding their product line. The company is also targeting entry into new geographic regions, specifically the European market, expected by late 2011. The funding will be utilized to support product development and market expansion initiatives.

## Funding rounds

- Series A, Feb 22, 2008, $7M — Connecticut Innovations, Four Seasons Ventures, Elm Street Ventures

## Investors

- Connecticut Innovations (https://capitalatlas.ai/funds/connecticut-innovations) — Series A
- Four Seasons Ventures — Series A
- Elm Street Ventures (https://capitalatlas.ai/funds/elm-street-ventures) — Series A