What is 10x Technology?
10x Technology LLC is a specialized manufacturer focused on producing precision micro and nano-structured substrates through a proprietary roll-to-roll process. The company offers comprehensive services from product design and prototype development to full-scale manufacturing, emphasizing stress-free products that maintain dimensional integrity. A key area of development for 10x Technology is the creation of microneedle arrays for transdermal drug delivery, aiming to provide a less invasive alternative to traditional hypodermic injections for pharmaceutical and medical device companies.
How much funding has 10x Technology raised?
10x Technology has raised a total of $4.4M across 2 funding rounds:
Unspecified
$3M
Unspecified
$1.4M
Unspecified (2012): $3M, investors not publicly disclosed
Unspecified (2013): $1.4M led by Cornerstone Angels
Key Investors in 10x Technology
Cornerstone Angels
Cornerstone Angels is a private angel investment group focused on bridging the funding gap for high-growth ventures, providing both capital and mentorship. They specialize in early-stage companies and actively syndicate with other investment groups.
What's next for 10x Technology?
The substantial enterprise-level funding and recent strategic investment indicate a pivotal growth phase for 10x Technology. This capital infusion is expected to accelerate the scaling of their manufacturing capabilities, further research and development in advanced materials, and the expansion of their market reach, particularly within the pharmaceutical and medical device industries. The company is well-positioned to capitalize on the growing demand for innovative drug delivery systems and high-precision micro-manufacturing solutions.
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