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Labcyte

company

About

Lab­cyte is the maker of Echo Acoustic Liquid Handling systems for life sciences.

  • San Jose,California,United States
  • 51 - 100

Highlights

Total Funding Amount
$75.29M
Funding Rounds
10
Investors
12
Investments
1
Acquisition
1
Employee Profiles
10

Details

Last Funding Type
Series C
Last Funding Money Raised
$3.80M
Industries
Alternative Medicine,Biotechnology,Life Science,Pharmaceutical
Founded date
Jan 1, 2000
Number Of Employee
51 - 100
Operating Status
Active
Legal Name
LABCYTE INC.
Also Known As
Picoliter

Lab­cyte Inc. is a lab­o­ra­tory instru­men­ta­tion com­pany with a novel approach to dis­pens­ing small vol­umes of liq­uids for life sci­ences appli­ca­tions. The company's acoustic dis­pens­ing tech­nol­ogy uses a focused beam of acoustic energy to eject nanoliter-​​scale droplets of fluid from one plate to another, with high accu­racy at low vol­umes and reduced con­sum­ables costs. In addi­tion to DBL Investors, investors include Alloy Ven­tures, Abing­worth, New Leaf Ven­ture Part­ners, and Cross Atlantic Partners.

Labcyte was founded in 2000 and is based in San Jose, California, United States.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
10
$75.29M
Labcyte has raised a total of $75.29M in funding over 2 rounds. Their latest funding was raised on Jan 3, 2017 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 3, 2017 Series Unknown $4.99M — — — Detail
May 5, 2015 Debt Financing $17M 2 — — Detail
Nov 20, 2013 Grant $1M 1 National Cancer Institute — Detail
Jan 8, 2013 Series D $5.30M 6 Ge Ventures — Detail
Nov 8, 2011 Grant $196K — — — Detail
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Investments

Number of Investments
Number of Lead Investments
1
0
Labcyte has made 1 investments. Their most recent investment was on Jan 1, 2016, when LeoLabs raised 0.
Date Company Name
Round Money Raised Industry Lead Investor
Jan 1, 2016 LeoLabs
Seed — Aerospace —

Investors

Number of Lead Investors
Number of Investors
3
12
Labcyte is funded by 12 investors. National Cancer Institute and Ge Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
National Cancer Institute Yes Grant
Ge Ventures Yes Series D
Cross Atlantic Capital Partners Yes Series C
Oxford Finance LLC — Debt Financing
Silicon Valley Bank — Debt Financing
Cross Atlantic Partners — Series D
H&Q Healthcare Investors — Series D
Abingworth — Series D
Alloy Ventures — Series D
Delphi Ventures — Series D
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Employee Profiles

Number of Employee Profiles
10
Labcyte has 10 current employee profiles, including Executive Jonathan MacQuitty
Jonathan MacQuitty
Executive
Doug Roeder
Board member
Andre Marion
Executive
Sandra Panem
Board member
Joseph H. Smith
Executive
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Acquisition

Labcyte has acquired 1 organizations. Their most recent acquisition was Allegro Technologies on Jan 27, 2008. They acquired Allegro Technologies for 0.

Date Company Name
Industry Acquisition Type Price
Jan 27, 2008 Allegro Technologies
Biotechnology — — Detail
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