What is Practichem?
Practichem is dedicated to developing next-generation laboratory tools that enhance scientific research efficiency. The company's flagship product, Arista Slice, is a protein chromatography system designed to reduce space requirements by 25% and costs by 50%, while featuring the industry's first browser-controlled interface. With operations in Raleigh, NC, Madison, WI, and Oxford, UK, Practichem is positioned to serve a global research community.
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 signals a pivotal growth phase for Practichem, likely enabling the company to scale its operations, expand its product development pipeline, and broaden its market reach. This enterprise-level backing suggests confidence from investors in Practichem's innovative technology and its potential to disrupt the scientific instrumentation sector. Future endeavors may include further enhancing the Arista Slice platform and introducing new analytical instruments to meet evolving research demands.
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