What is Practichem?
Practichem is a scientific instrumentation company dedicated to developing next-generation laboratory tools. Its flagship product, Arista Slice, is engineered for efficient protein chromatography, offering researchers substantial savings in space and cost, alongside an industry-first browser-controlled interface. Based in Raleigh, NC, with additional offices in Madison, WI, and Oxford, UK, Practichem aims to streamline complex scientific processes and accelerate research outcomes.
How much funding has Practichem raised?
Practichem has raised a total of $9M across 2 funding rounds:
Private Equity
$5M
Unspecified
$4M
Private Equity (2016): $5M, investors not publicly disclosed
Unspecified (2022): $4M, investors not publicly disclosed
What's next for Practichem?
The recent major strategic investment positions Practichem for accelerated growth and market expansion. This capital infusion is expected to fuel further development of its innovative scientific instrumentation, particularly the Arista Slice system. The company's focus on efficiency and cost-effectiveness in protein chromatography suggests a strategy to capture a significant share of the research laboratory market. Future endeavors will likely involve scaling production, enhancing product features, and potentially exploring new applications for their proprietary technology, solidifying their role as a key player in scientific advancement.
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