Parallel Fluidics
A new manufacturing service for microfluidic chips, aimed at helping researchers and engineers accelerate their development cycles.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
* | $7.0m | Seed | |
| Total Funding | 000k | ||
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Parallel Fluidics is a dynamic startup operating in the microfluidics market. The company has revolutionized the process of microfluidic design by offering embedded components and standard formats. This allows clients to transition from a CAD model to a tangible product in a matter of days, as opposed to the traditional lead time of 3-5 months.
The company serves a diverse range of clients, including engineering fellows, COOs, lead engineers, and directors at biotech startups. These clients rely on Parallel Fluidics for rapid manufacturing of complex microfluidic designs. The company's ability to create prototypes using the same thermoplastics intended for final production significantly accelerates the design process.
Parallel Fluidics operates on a business model that prioritizes speed, quality, and risk reduction. The company uses production-grade materials from the outset, which allows clients to de-risk their device development. This approach also ensures that the prototypes accurately represent the final product, particularly in terms of biocompatibility and biological behavior.
The company generates revenue by providing rapid transition molding services. By drastically reducing the lead time for microfluidic device prototyping, Parallel Fluidics has positioned itself as a trusted partner in the market. The company's expert knowledge, fast turnaround times, and high-quality standards have been widely praised by clients.
In summary, Parallel Fluidics is a game-changer in the microfluidics market, offering rapid, high-quality, and risk-reduced device development.
Keywords: Microfluidic Design, Rapid Manufacturing, Embedded Components, Standard Formats, Production-Grade Materials, Risk Reduction, Biocompatibility, Biological Behavior, Rapid Transition Molding, Thermoplastics.