908 Devices

908 Devices

Develops handheld and desktop analytical instruments

About

908 Devices specializes in chemical and biochemical analysis, providing solutions for life science research, biopharmaceuticals, and forensics. Their products, including handheld and desktop devices like the REBEL and ZipChip, deliver rapid and accurate data, enabling users to make informed decisions quickly. The REBEL device allows for instant amino acid profiling, while the ZipChip enhances sample preparation for metabolomic and proteomic analyses. Unlike competitors, 908 Devices focuses on simplifying complex analyses, which helps clients reduce time-to-results and improve data accuracy. The company's goal is to enhance the efficiency of analytical processes across various industries, ultimately driving better outcomes in critical applications.

Company Stage

IPO

Employees

201-500

Industries

Industrial & Manufacturing, Biotechnology, Healthcare

Total Funding

$65M

Headquarters

Broadway, Virginia

Founded

2012


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Simplify's Take

What believers are saying

  • The acquisition of RedWave Technology expands 908 Devices' product portfolio, potentially increasing market share and revenue.
  • The appointment of Michele M. Leonhart to the Board of Directors brings valuable expertise and connections, particularly in the forensics and government sectors.
  • Their innovative products like REBEL and ZipChip offer near real-time data, significantly improving decision-making processes for clients.

What critics are saying

  • The integration of RedWave Technology could present challenges in aligning technologies and corporate cultures.
  • The competitive landscape in chemical and biochemical analysis is intense, requiring continuous innovation to maintain a leading position.

What makes 908 Devices unique

  • 908 Devices specializes in both handheld and desktop chemical analysis devices, offering rapid and accurate data, unlike competitors who may focus on only one type of device.
  • Their acquisition of RedWave Technology adds optical spectroscopy to their platform, enhancing their forensic product offerings and setting them apart from competitors.
  • The company's focus on critical applications in life sciences, biopharmaceuticals, and forensics provides a niche market advantage.

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Growth & Insights
Headcount

6 month growth

8%

1 year growth

17%

2 year growth

28%

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