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SlipChip

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SlipChip, we make high-complexity laboratory assays easy to perform

Chicago, United StatesFounded 2010Biotech & Life Sciences
Valuation $100–250M Last recorded · 2015
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for SlipChip and the history behind them.

About SlipChip

SlipChip Corporation operates as a microfluidics technology firm, spun out from the California Institute of Technology (Caltech) in 2010. The company was co-founded by Dr. Rustem Ismagilov and Brian Coe, who serves as the Chief Executive Officer. The foundational technology emerged from Dr. Ismagilov's academic research, first at the University of Chicago and later at Caltech, where he is a Professor of Chemistry and Chemical Engineering. Dr. Ismagilov's work in microfluidics, aimed at solving challenges in global health, directly led to the invention of the SlipChip device. A significant financial milestone for the company was securing $26.5 million in a Series B funding round in March 2015.

The core of the business is the SlipChip, a lab-on-a-chip device designed to simplify and miniaturize complex biochemical analyses. The device consists of two plates, typically made of glass or PDMS, with imprinted wells and channels. By physically 'slipping' one plate relative to the other, continuous fluid paths are converted into thousands of discrete, nanoliter-sized droplets. This mechanism allows for the precise metering, mixing, and isolation of samples and reagents without the need for external pumps, valves, or complex equipment. The bottom plate can be preloaded with various reagents, and the simple slipping action combines them with the sample from the top plate, enabling massively parallel reactions to occur simultaneously. This process conserves sample volume and reduces labor costs.

SlipChip is developing sample-to-answer solutions primarily for the diagnostics and life sciences research markets. The technology enables quantitative measurements of nucleic acids and proteins, making it suitable for applications like digital PCR, immunoassays, and single-molecule analysis. A key target market is point-of-care diagnostics, particularly in resource-limited settings where traditional laboratory equipment is unavailable. The platform's ability to provide precise quantitative results, such as HIV viral load, using a portable device and a smartphone for readout, highlights its potential in global health. The business model likely involves the sale of SlipChip devices and associated reagents to clinical laboratories, research institutions, and healthcare providers, as well as potential licensing of the technology to other diagnostic companies.

Source: Dealroom company data

At a glance

Status
Closed
Founded
2010
Headquarters
Chicago, United States
Employees
104
Open positions
None listed
Dealroom signal
0.0/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Biotech and Pharma, Hard Tech, DT and LS, science-based
Client focus
b2b
Links
Website

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Mar 2015 $27M $106M Undisclosed —
SERIES A✓Equity / VC Aug 2013 $4M $16M Undisclosed —
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Growth signals

SlipChip website traffic

Latest recorded traffic for SlipChip is 2.7K monthly website visits, down 6.9% over the last three months. SlipChip's team grew 0% over the past year.

Latest monthly visits2.7K 3-month web change-6.9% 1-year team growth0%
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Chicago HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about SlipChip 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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