Integrated Microsystems for Quality of Life SL

Integrated Microsystems for Quality of Life SL focuses on delivering innovative testing solutions for the detection of contaminants in food products, ensuring enhanced food safety and quality standards. Founded in 2010 in Tarragona, Spain, Integrated Microsystems for Quality of Life SL specializes in advanced testing solutions aimed at ensuring food safety. The company has engaged in 2 deals, with the latest funding round occurring on 3rd August 2017, raising EUR 1. 5 mn led by Caixa Capital Risc and new investor Vento.

Their total funding raised amounts to EUR 1. 5 mn. The company operates independently without subsidiaries. The founder's previous entrepreneurial history is not disclosed.

iMiCROQ specializes in developing comprehensive testing solutions for the detection of various contaminants in food products, including pathogens, DNA, viruses, allergens, and mycotoxins. Their flagship products, branded under the QFast portfolio, provide a singular platform that integrates multiple testing functionalities, allowing food safety professionals to conduct rapid and reliable assessments. These products serve food manufacturers, quality assurance laboratories, and regulatory bodies within the food industry. iMiCROQ’s offerings are marketed primarily in Spain and Portugal but aim to expand their reach across broader European markets, enhancing food safety protocols and compliance standards within the agricultural sector.

In the most recent financial year of 2018, iMiCROQ generated revenue of EUR 564,192. 50, with an EBITDA amount of EUR -426,882. 30. Revenue is derived from direct sales and exclusive distribution agreements, such as their partnership with PALEX Medical S.

A. , focusing on the Spanish and Portuguese markets. Their revenue model includes B2B sales, accommodating various client needs through flexible pricing structures for QFast products. The recent EUR 1.

5 mn funding round highlights a supportive investor landscape that could bolster future revenue growth and product development initiatives. iMiCROQ plans to enhance its product offerings with new testing solutions designed to address emerging food safety challenges, though specific launch dates have not been provided. The company is actively targeting expansion into more European markets, specifically aiming to increase its presence in regions beyond Spain and Portugal by 2025. The recent EUR 1.

5 mn funding round completed in August 2017 will support these initiatives, providing the necessary capital for product development and market entry strategies.