Parallel Fluidics, Inc.

STONEHAM, MA · Founded 2020 · CIK 0001883282 · Medtech · Private

Software platform that transforms standard liquid handlers into lipid nanoparticle (LNP) screening systems

parallel.design →
Grants
$225K
1 award
Sector median: 1
Raised
$5.2M
2 Form D · Dec 2022
46 months since last filing
Contracts
—
No federal contracts on record
Patents
8
0 granted · 8 pending
Sector median: 2

Capital Timeline

Federal above the line · equity below · node area scaled to amount
Capital and federal award history
DateEventSourceAmount
Federal grantNational Science Foundation · Phase I · SBIR Phase I: Rapid Design and Prototyping System for Lab-On-Chip Devices$225,000
Private capital raisedForm D · SEC$1,350,000
Private capital raisedForm D · SEC$3,820,367
Federal grant · SBIR/STTRForm D · SEC

Peer position

Medtech · 4531 companies · ranked on federal contract value
Medtech companies ranked by federal contract value
#CompanyContractsDisclosed equity
1224Happy Fireflies Ltd Liability Co—$2.0M
1225VINE MEDICAL, INC.—$50K
1226MATERIALIZE BIO, INC.——
1227Parallel Fluidics, Inc.—$5.2M
1228CathAid Inc—$1.2M
1229EPIC Imaging, P.C.—$222K
1230DIH HOLDING US, INC.—$3.3M

Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.

Founders & Team

From Form D filings · 3 related persons
  • Matthew BlodgettDirector
  • Joshua GomesDirector · Executive Officer
  • Andrew HarrisDirector · Executive Officer

Patents

USPTO · 0 granted of 8
  • Laser Welding Of Microfluidic Componentsapplication
  • Modular Microfluidics Platformapplication
  • Laser Welding Of Microfluidic Componentsapplication
  • Embedded Valve For Microfluidic Devicesapplication
  • Modular Microfluidics Platformapplication
  • Laser Welding Of Microfluidic Componentsapplication
  • Modular Microfluidics Platformapplication
  • Embedded Valve For Microfluidic Devicesapplication

Regulatory activity · Medtech

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.