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Paramit Corporation
Medical Device and Instrument Manufacturing Services from Paramit
About Paramit Corporation
Paramit, headquartered near Silicon Valley and acquired by Swiss-based Tecan Group in 2021, specializes in developing and manufacturing electronics-based medical devices and life science instruments. The company serves a global clientele, offering access to a robust team of engineering and product development experts, as well as high-quality, cost-competitive manufacturing facilities in North America and the APAC region. Paramit operates in highly regulated markets, focusing on instruments that integrate custom electronics, optics, robotics, and microfluidics. Their vertically integrated capabilities include PCB assembly, test development, optics assembly, and an innovative computer-directed mechanical assembly process known as vPoke. This process ensures comprehensive device history records and full traceability for each product, consistently achieving zero defects. Paramit engages at any stage of the development process, ensuring that manufacturing is seamlessly integrated. The company generates revenue through the design, development, and manufacturing of specialized medical and life science instruments for healthcare innovators worldwide.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 1990
- Headquarters
- Morgan Hill, United States
- Employees
- 481
- Open positions
- None listed
- Dealroom signal
- 43.5/100
- Industry
- Health
- Sub-industry
- Medical Devices
- Sector
- Health Tech & Medtech, Medical, Biotechnology, Medical / Healthcare, Techbio, biomanufacturing, DT and LS, science-based
- Technology
- Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
- Investment activity
- 3 companies, latest Jul 2026
- Capital deployed
- $13M
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Feb 2011 | $45M | $181M | Undisclosed | — |
Growth signals
Latest recorded traffic for Paramit Corporation is 3.4K monthly website visits, up 623.4% over the last three months. Paramit Corporation's team grew 34.7% over the past year.
Open positions
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Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Paramit Corporation on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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