Green Ocean Sciences, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Green Ocean Sciences, Inc. - overview

Established

2016

Location

Austin, TX, US

Primary Industry

Software

About

Green Ocean Sciences, Inc. specializes in developing innovative analytical solutions in the ionization and measurement sector, enhancing data accuracy across various industries. Green Ocean Sciences, Inc. is dedicated to providing advanced ionization systems for precise chemical and physical measurements.


Founded in 2016, the company is headquartered in Austin, US. In July 2019, the company successfully raised USD 5. 00 mn in Series A funding, led by Merida Capital Holdings, establishing a total amount raised of USD 5. 00 mn and a current valuation of USD 25.


00 mn. Ionization Labs focuses on delivering advanced analytical solutions primarily within the ionization and measurement space. The company’s core product offerings include sophisticated ionization systems designed to enhance the accuracy and reliability of various chemical and physical measurements. These systems facilitate critical applications across multiple industries, such as environmental monitoring, pharmaceuticals, and food safety, by ensuring precise data collection and analysis.


The end users of these products encompass a diverse customer base, including research institutions, regulatory agencies, and commercial entities that require stringent quality control measures. Ionization Labs serves both domestic and international markets, with notable sales in North America, Europe, and Asia-Pacific regions, catering to businesses that prioritize innovative measurement technologies to meet compliance and operational standards. Revenue generation for Ionization Labs is primarily derived from direct sales of its ionization systems and related analytical services. The company engages in business-to-business transactions, forming partnerships with various organizations across the sectors it serves.


Clients typically purchase these systems through a structured pricing model that may include initial equipment costs and ongoing service or maintenance agreements. Additionally, Ionization Labs may offer subscription-based services for software and data analytics associated with its products, ensuring continuous support and updates for users. This revenue model allows the company to establish long-term relationships with its clients, driving both recurring income and sustained business growth through its flagship products and services. Green Ocean Sciences, Inc.


is focused on expanding its product line with new ionization systems aimed at enhancing measurement accuracy, with planned launches in the next 12 months. The company aims to enter new markets in Asia and Europe by the end of 2022. The recent funding of USD 5. 00 mn will be utilized to support these product launches and facilitate market entry strategies.


Current Investors

Merida Capital Holdings

Primary Industry

Software

Sub Industries

Computer & Related Peripherals, Analytics & Performance Software

Website

www.ionizationlabs.com

Verticals

Agtech, Big Data, Cannabis/Medical Marijuana

Company Stage

Series A

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.