Protedyne

BiotechnologySeries DWindsor, USprotedyne.com

Latest round

Series D

Last raised

Aug 2005

Total raised

$22M

Investors

7

About Protedyne

Founded in 2000 in Windsor, US, Protedyne Corporation focuses on laboratory automation solutions. In May 2007, Laboratory Corporation of America acquired Protedyne for an undisclosed amount. The company has executed a total of 4 deals with the most recent deal occurring on May 1, 2007.Protedyne Corporation specializes in developing and manufacturing advanced robotic systems to enhance efficiency in laboratory automation for diagnostic testing. Their flagship products, the Propel and Matrix systems, integrate cutting-edge diagnostic testing devices, facilitating high-throughput analysis and operating within Labcorp's diagnostic testing laboratories globally.Protedyne Corporation generates revenue primarily from business-to-business transactions, supplying robotic systems like the Propel and Matrix to diagnostic laboratories and healthcare institutions. Their financial model is based on direct sales of these systems tailored for client needs, supplemented by service contracts for maintenance and software updates, promoting long-term partnerships for consistent revenue streams.Protedyne is focused on expanding its product line with new advancements in robotic automation, although specific release dates have not been disclosed.00 mn.

Who invested in Protedyne

7 investors across 2 rounds

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Funding rounds

  1. Series D

    Aug 23, 2005

    Amount

    $10M

    Investors

    Locked

  2. Series B

    Oct 15, 2001

    Amount

    $12M

    Investors

    Locked

Questions about Protedyne

Who invested in Protedyne?

Protedyne has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Protedyne raised?

Protedyne has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Protedyne last raise money?

Protedyne's most recent round on record is a Series D, in Aug 2005.

What does Protedyne do?

Founded in 2000 in Windsor, US, Protedyne Corporation focuses on laboratory automation solutions.

Where is Protedyne headquartered?

Protedyne is headquartered in Windsor, US.

Which VCs invest in companies like Protedyne?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back biotechnology companies at Protedyne's stage. Their profiles are linked below.

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