LICORbio

LICORbio

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Private Company

Total funding raised: $60M

Overview

LICORbio is a private, revenue-generating company that develops and commercializes a comprehensive suite of imaging instruments, consumable reagents, and analysis software for the life sciences research market. Its core value proposition is providing scientists with highly sensitive, quantitative, and reproducible data across a wide range of applications, from traditional Western blots to cutting-edge 3D organoid imaging. The company has established a strong reputation, with its instruments cited in over 75,000 peer-reviewed publications, and operates a direct e-commerce sales model. LICORbio is strategically positioned at the intersection of diagnostics tools and digital health through its integrated hardware-software systems.

DiagnosticsDigital Health

Technology Platform

Integrated platform of advanced optical imaging systems (infrared/NIR), proprietary reagents/consumables, and analysis software for quantitative life science research.

Funding History

2
Total raised:$60M
Series B$45M
Series A$15M

Opportunities

The rapid adoption of 3D cell cultures (organoids, spheroids) in drug discovery creates a major growth opportunity for the new ATLAS Imager.
The increasing emphasis on data reproducibility and quantification in life sciences further strengthens demand for the company's high-integrity, validated systems.

Risk Factors

Faces intense competition in the life science imaging market from large, diversified players.
Revenue is partially tied to cyclical academic and government research funding.
The consumables-driven model could be vulnerable to third-party, compatible reagent providers.

Competitive Landscape

LICORbio competes in the bioimaging and protein analysis market against companies like Bio-Rad Laboratories, Azure Biosystems, and Cytiva. Its key differentiators are its established reputation for quantitative accuracy, wide dynamic range, and an integrated ecosystem of hardware, software, and proprietary reagents designed to work optimally together.