Intellicyt – Seeking Investment

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New Mexico

Website IntelliCyt

A Sartorius Company

Background

Terry Dunlay, Founder, President & CEO

  • 2006 – moving to New Mexico and was referred to STC
  • Licensed by STC/UNM
    • Inventors: Larry Sklar  and Bruce Edwards (UNM HSC)

Raised Approximately $20 Million

  • 2007-2010 – $5 million in 3 rounds. $1 million in 2007 from Verge & Village Ventures. $1.5 Million in 2008 from Verge and Village Ventures and $2.5 million from Prolog Ventures, Verge, and New Mexico Community Capital.
  • May 2013 – $8 million from Arboretum Ventures who led the venture funding round with participation from current backers Prolog Ventures. Verge Fund and New Mexico Community Capital
  • July 2015 -$5.4 million from Arboretum Ventures who led the venture funding round with participation from current backers Prolog Ventures, Verge Fund and New Mexico Community Capital

Sold to Sartorius AG in June 2016 for $90 million

  • Company currently has 55 employees
  • Company will continue to operate in New Mexico

UNM Health Sciences Center