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Akonni Biosystems

Founded 2003 United States Frederick, United States 17 employees Series Unknown Total: $59.36M Biotechnology, Health Care

General Information

Company Name Akonni Biosystems
Founded Year 2003
Location United States Frederick, United States +1
Employees 17
Industries Biotechnology, Health Care
Funding Stage Series Unknown
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About Akonni Biosystems

Akonni Biosystems is a biotechnology startup based in the United States. Founded in 2003, the company specializes in molecular diagnostics, focusing on the development and large-scale manufacturing of affordable genetic testing devices for complex infectious diseases such as multi-drug-resistant tuberculosis (MDR-TB). Akonni's innovative approach is centered around a groundbreaking gel-drop microarray platform, complemented by advanced instrumentation for high-yield sample preparation and multiplex array imaging/analysis. The company recently secured a significant $7.50M Venture Round investment on 22 February 2018, signaling confidence from investors in the potential of Akonni Biosystems' technology and market prospects. The absence of specific details regarding the investors in the last funding round adds an element of mystery, which could be intentional or indicative of non-disclosure agreements. Akonni Biosystems' strategic focus on addressing critical medical needs through cutting-edge biotech solutions aligns with the current market trends emphasizing healthcare innovation and precision medicine. As the company continues to advance its genetic testing technologies and expand its product portfolio, it remains poised to make a significant impact in the field of molecular diagnostics and potentially revolutionize the approach to diagnosing and managing infectious diseases.

Funding Rounds & Investors (15)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• - 22 Feb 2018
Series D •••••• 1
Investor
15 May 2017
Venture Round •••••• - 07 Dec 2015
Grant •••••• 1 •••• •••• 02 Oct 2012
Grant •••••• 1
Investor
29 Aug 2012

View All 15 Funding Rounds

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FAQ About Akonni Biosystems

Akonni Biosystems is a molecular diagnostics company that develops, and manufactures at scale, sophisticated yet low cost genetic testing devices for complex infectious diseases like multi-drug-resistant tuberculosis (MDR-TB). Our approach is based on a revolutionary gel-drop microarray platform,...
Akonni Biosystems was founded in 2003.
Akonni Biosystems is headquartered in Frederick, United States.
Akonni Biosystems operates in the following industries: Biotechnology, Health Care.
Akonni Biosystems has approximately 17 employees.
Akonni Biosystems has completed 15 funding rounds, raising a total of $59.36M. The latest funding stage is Series Unknown.
Top alternatives and competitors to Akonni Biosystems include Drone International Expo New Delhi ,India, FarmSteady, Elli Riduttori Seites Spa, Yale Cordage, Arenco AB. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Akonni Biosystems and Drone International Expo New Delhi ,India are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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