Fluxergy

Fluxergy

Portable diagnostic platform for rapid testing

About

Fluxergy offers a portable diagnostic platform that provides rapid and accurate laboratory testing, particularly in Point of Care (PoC) settings. This device can perform multiple tests quickly, catering to various clients such as healthcare providers, equine veterinarians, and food safety professionals. The company generates revenue by selling its diagnostic devices and test kits, and it aims to expand its market through partnerships. With a focus on continuous improvement and recent facility expansion in Irvine, CA, Fluxergy seeks to enhance its production capacity and set new standards in laboratory testing.

Company Stage

Series C

Employees

51-200

Industries

Food & Agriculture, Healthcare

Total Funding

$48.2M

Headquarters

N/A

Founded

2011


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Simplify's Take

What believers are saying

  • The expansion of Fluxergy's research and manufacturing facility in Irvine, CA, indicates strong growth potential and increased production capacity.
  • Collaborations with prestigious institutions like Mass General Brigham and the University of California, San Diego, validate the effectiveness and reliability of Fluxergy's technology.
  • The launch of new in-house assays, such as the Streptococcus equi ss equi Rapid PCR Assay, demonstrates Fluxergy's commitment to continuous innovation and meeting market needs.

What critics are saying

  • The highly competitive diagnostics market requires Fluxergy to continuously innovate to maintain its edge.
  • Dependence on partnerships and collaborations for validation and market reach could pose risks if these relationships falter.

What makes Fluxergy unique

  • Fluxergy's portable diagnostic platform offers rapid and accurate testing across multiple applications, setting it apart from traditional lab-based diagnostics.
  • The company's focus on Point of Care settings ensures quick and reliable diagnostics, which is crucial for immediate decision-making in healthcare and other sectors.
  • Fluxergy's ability to serve diverse industries, from healthcare to veterinary and food safety, showcases its versatile and specialized applications.

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Growth & Insights
Headcount

6 month growth

-10%

1 year growth

-2%

2 year growth

14%

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