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About Fluxergy
Industries
Biotechnology
Healthcare
Company Size
51-200
Company Stage
Series C
Total Funding
$49.5M
Headquarters
Irvine, California
Founded
2011
Overview
Fluxergy offers rapid and accurate laboratory testing solutions through a portable diagnostic platform that performs multiple tests quickly, making it ideal for Point of Care (PoC) settings. The platform serves various industries, including healthcare, veterinary services, and food safety, and was notably used to develop a rapid molecular testing system during the COVID-19 pandemic. By selling diagnostic devices and test kits directly to clients, Fluxergy stands out by focusing on specialized applications for different markets. The company's goal is to set new standards in laboratory testing while expanding its production capabilities.
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Simplify's Take
What believers are saying
- Growing demand for point-of-care testing boosts Fluxergy's market potential.
- Veterinary diagnostics market growth offers opportunities for Fluxergy's products.
- Collaborations with institutions enhance Fluxergy's technology validation and reach.
What critics are saying
- Emerging biotech startups increase competition in point-of-care diagnostics.
- Regulatory scrutiny may delay product approvals for Fluxergy.
- Supply chain issues could impact production of diagnostic devices.
What makes Fluxergy unique
- Fluxergy offers a portable platform for rapid, on-site diagnostic testing.
- The company serves diverse sectors, including healthcare, veterinary, and food safety.
- Fluxergy's COVID-19 testing platform delivers results in under one hour.
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Funding
Total Funding
$49.5M
Below
Industry Average
Funded Over
3 Rounds
Industry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Paid Vacation
Paid Sick Leave
Paid Holidays
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 2%2 year growth
↑ 4%Fluxergy partners with National Institutes of Health.
Fluxergy started its commercial launch of its in-house PCR platform in late 2022 and is now being used in over 80 veterinary labs and referral hospitals in the US, Canada and EU.
"We are proud to offer an on-site solution and comprehensive laboratory training that can make a difference in how care providers navigate preventative and responsive pathogen testing.". .
IRVINE, CA., July 2, 2020 – California-based Fluxergy will work with Mass General Brigham (MGB), a major health system in Massachusetts, to further evaluate Fluxergy’s innovative Research Use Only (RUO) COVID-19 testing platform, designed to deliver accurate PCR test results in under one hour.
In March, Fluxergy announced that it was similarly working with a team at the University of California, San Diego, to evaluate its system for COVID-19 testing.
Fluxergy is Hiring for 2 Jobs on Simplify!
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About Fluxergy
Industries
Biotechnology
Healthcare
Company Size
51-200
Company Stage
Series C
Total Funding
$49.5M
Headquarters
Irvine, California
Founded
2011
Fluxergy is Hiring for 2 Jobs on Simplify!
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to Fluxergy