# Hilab

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

- Industry: Medical Devices & Equipment
- Headquarters: Curitiba, Brazil
- Website: www.hilab.com.br
- Total disclosed funding: $14M
- Latest round: Series B (Jan 2, 2023)
- Investors on record: 7

## About

Hilab is a Brazilian company specializing in innovative point-of-care diagnostic solutions, leveraging artificial intelligence for real-time health data analysis to enhance healthcare accessibility.Founded in 2004 in Curitiba, Brazil, Hilab offers advanced diagnostic technologies for point-of-care testing. Recently, the company expanded its operational capabilities but, as of August 2024, has discontinued its operations. The CEO is Marcus Figueredo.Hilab provides a range of point-of-care diagnostic solutions, including a compact blood count device that delivers results in 25 minutes and a multi-method device utilizing immunochromatography and fluorescence. Their offerings also feature an electrochemical device with results in under eight minutes and a molecular biology device comparable to RT-PCR, providing outcomes within one hour. Hilab's clientele includes public health organizations, laboratories, and hospitals.In the most recent year, Hilab reported revenue of USD 894,993.80 with an EBITDA of USD -476,013.80, highlighting the financial dynamics of their operations during that period.Hilab's operations were discontinued as of August 2024, and, consequently, there are no forthcoming products or market expansion plans to discuss.

## Funding rounds

- Series B, Jan 2, 2023 — EB Capital, Rise Life-Centered Investments, Positivo Tecnologia SA
- Series B, Nov 26, 2020, $10M — Endeavor Catalyst, Peninsula Participacoes
- Series A, Jun 25, 2018, $3.9M — Monashees, Qualcomm Ventures

## Investors

- Monashees (https://capitalatlas.ai/funds/monashees) — Series A
- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series A
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series B
- Peninsula Participacoes — Series B
- EB Capital — Series B
- Rise Life-Centered Investments (https://capitalatlas.ai/funds/rise-life-centered-investments) — Series B
- Positivo Tecnologia SA — Series B
