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Akonni Biosystems

Description

Developer of integrated molecular diagnostic system designed to serve the precision medicine revolution. The company's molecular diagnostic system is a unique in-vitro diagnostic system based on proprietary gel-drop micro-array technology for rapid, reliable, multiplexed analysis in a low-cost format, enabling patients to avail the treatment in case of infectious and hereditary diseases.

2003

Founded

PRIVATE

Status

11-50

Employees

Later Stage VC

Latest Deal Type

$1.32M

Latest Deal Amount

$50.5M

Total Amount Raised

Description

Developer of integrated molecular diagnostic system designed to serve the precision medicine revolution. The company's molecular diagnostic system is a unique in-vitro diagnostic system based on proprietary gel-drop micro-array technology for rapid, reliable, multiplexed analysis in a low-cost format, enabling patients to avail the treatment in case of infectious and hereditary diseases.

Website:

www.akonni.com

Ownership Status

Privately held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Diagnostic Equipment

Other Industries

Biotechnology

Primary Office

400 Sagner Avenue Suite 300 Frederick, MD 21701United States +1 (301) 698-0101
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Akonni Biosystems Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

Akonni Biosystems Cap Table

Stock# of Shares
Authorized
Par ValueDividend Rate (%)Original
Issue Price
LiquidationLiquidation
Pref. Multiple
Conversion
Price
% Owned

Akonni Biosystems Investors (6)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
Individual InvestorAngel (individual)Minority000 0000000 0000
Jetrise VenturesVenture CapitalMinority000 0000000 0000
LaurelCorporationMinority000 0000000 0000
Maryland Department of CommerceGovernmentMinority000 0000000 0000
Maryland Venture FundVenture CapitalMinority000 0000000 0000
Individual Investor Angel (individual)
Jetrise Ventures Venture Capital
Laurel Corporation
Maryland Department of Commerce Government
Maryland Venture Fund Venture Capital

Akonni Biosystems Executive Team (10)

NameTitleBoard
Seat
Contact
Info
Charles Daitch Ph.DFounder & Chief Executive Officer & Board Member
Darrell ChandlerChief Scientific Officer
Jon DavisVice President, Operations
Rebecca Holmberg Ph.DDirector, Application Development
Michael ReinemannDirector, Business Development
Charles Daitch Ph.D Founder & Chief Executive Officer & Board Member
Darrell Chandler Chief Scientific Officer
Jon Davis Vice President, Operations
Rebecca Holmberg Ph.D Director, Application Development
Michael Reinemann Director, Business Development

Akonni Biosystems Board Members (8)

NameRepresentingRoleSinceContact
Info
Brian MorraAkonni BiosystemsBoard Member000 0000
Charles Daitch Ph.DAkonni BiosystemsFounder & Chief Executive Officer & Board Member000 0000
Charles ParrishSelfBoard Member000 0000
David KeysSelfBoard Member000 0000
Mary Pittman Ph.DAkonni BiosystemsBoard Member000 0000
Brian Morra Board Member Akonni Biosystems
Charles Daitch Ph.D Founder & Chief Executive Officer & Board Member Akonni Biosystems
Charles Parrish Board Member Self
David Keys Board Member Self
Mary Pittman Ph.D Board Member Akonni Biosystems
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