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Akonni Biosystems

Description

Developer and manufacturer of a molecular diagnostic tool designed to offer an affordable and accurate diagnoses that will improve the health status of people worldwide. The company's molecular diagnostic tool 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

$4M

Latest Deal Amount

$54.5M

Total Amount Raised

Description

Developer and manufacturer of a molecular diagnostic tool designed to offer an affordable and accurate diagnoses that will improve the health status of people worldwide. The company's molecular diagnostic tool 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 (9)

    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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