How Much Did Scientific Device Laboratory Raise?
Funding & Key Investors

Scientific Device Laboratory has successfully secured a significant capital injection, bringing its total cumulative financing to $706K. This latest infusion of $356K represents a major strategic investment aimed at bolstering the company's operational capacity within the competitive medical diagnostics sector. By leveraging this recent backing, the firm is positioned to accelerate its distribution capabilities and enhance its specialized product portfolio for clinical laboratories globally.

What is Scientific Device Laboratory?

Scientific Device Laboratory
ManufacturingMedical Devices & EquipmentRetail

Based in Des Plaines, Illinois, Scientific Device Laboratory operates as a critical manufacturer and distributor of essential medical laboratory supplies. The company maintains a specialized focus on mycobacteriology and tuberculosis sample preparation, providing a comprehensive suite of products including printed coated slides, control slides, stains, and reagents. Through a robust domestic and international distribution network, the organization serves as a vital partner to major diagnostic entities, ensuring that clinical facilities have access to the high-precision tools required for accurate diagnostic outcomes. Their market position is defined by a commitment to technical excellence and the reliable supply of niche laboratory consumables.

How much funding has Scientific Device Laboratory raised?

Scientific Device Laboratory has raised a total of $706K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$356K

Debt (2020): $350K with participation from PPP

Debt (2021): $356K led by PPP

Key Investors in Scientific Device Laboratory

PPP

Public-Private Partnership

What's next for Scientific Device Laboratory?

With the recent capital deployment, Scientific Device Laboratory is expected to scale its manufacturing infrastructure to meet the rising global demand for specialized diagnostic reagents and testing supplies. The strategic focus will likely shift toward optimizing supply chain resilience and expanding the reach of their proprietary distribution channels. As the company transitions into this next phase of growth, the emphasis remains on maintaining high-quality standards for clinical diagnostics while exploring new product development opportunities in the mycobacteriology space. This financial milestone provides the necessary runway to solidify their standing as a preferred supplier for large-scale diagnostic and laboratory supply corporations worldwide.

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Frequently Asked Questions Regarding Scientific Device Laboratory Financial Insights

What are the most recent funding rounds that Scientific Device Laboratory has completed, and what were the funding rounds?
Scientific Device Laboratory has recently completed 2 funding rounds: Debt on Feb 12, 2021, Debt on Apr 11, 2020.
What is the total amount of funding Scientific Device Laboratory has raised to date?
Scientific Device Laboratory has raised a total of $706K in funding to date.
How many funding rounds has Scientific Device Laboratory completed?
Scientific Device Laboratory has completed 2 funding rounds.
How much funding did Scientific Device Laboratory raise in its most recent funding round?
Scientific Device Laboratory raised $356K in its most recent funding round.
Who are the lead investors in Scientific Device Laboratory's latest funding round?
The lead investor in Scientific Device Laboratory's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Scientific Device Laboratory's history?
The largest funding round in Scientific Device Laboratory's history was $356K.
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