Advanced Cell Diagnostics
AcquiredNewark, United States · Founded 2006 · $270K raised
- Headquarters
- Newark, California
- Employees
- 51–200
- Founded
- 2006
- Business Model
- B2B
- Website
- acdbio.com
- Total Funding
- $270K
- Last Round
- $270K GrantJan 2015
- Rounds
- 2
- Acquired by
- Bio-TechneAug 2016 · $250.0M
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Advanced Cell Diagnostics (ACD) develops and commercializes proprietary consumables for genomic analysis, best known for its RNAscope RNA in-situ hybridization technology, which visualizes gene expression in individual cells while preserving tissue morphology. Founded in 2006 by Dr. Yuling Luo and Dr. Steve Chen, ACD grew to over 100 employees and a catalog of more than 9,000 probe reagents used in thousands of academic and industrial labs. Headquartered in Newark, California with field offices in Italy, China, and Japan, ACD was acquired by Bio-Techne Corporation in 2016 for $250 million plus up to $75 million in contingent consideration.
Summary
Advanced Cell Diagnostics is a Biotech company based in Newark, United States, founded in 2006. It has raised $270K in total across 2 rounds, most recently a $270K Grant round in Jan 2015. Investors include Bio-Techne Corporation and Summit Partners.
Funding & Exit History
Aug 2016
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Funding: Series C through Grant. Amounts, valuations, and investors where available.
Investors
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