Lyncean Technologies

company

About

Lyncean commercialized a paradigm shift in X-ray technology by shrinking the size/cost of a Synchrotron ($B particle accelerators) by 200x

  • 11 - 50

Details

Last Funding Type
Series B
Last Funding Money Raised
$13.75M
Industries
Advanced Materials,Biotechnology,Health Care,Industrial Manufacturing,Life Science,Nanotechnology,Semiconductor,Therapeutics
Founded date
Jan 1, 2002
Number Of Employee
11 - 50
Operating Status
Active

Lyncean Technologies, Inc. is located in Fremont, California and was founded in 2001 to develop the Compact Light Source (CLS), a miniature synchrotron x-ray source, based on research performed at the SLAC National Accelerator Laboratory and Stanford University.

Unlike stadium-sized synchrotron radiation sources that require a highly technical support staff, the CLS fits in a typical laboratory space and is designed to be operated directly by academic or industrial end-users. By replacing the conventional "undulator" magnets found in the large synchrotrons by laser technology, the entire device scales down in size by a factor of 200. Unlike traditional laboratory sources, the CLS makes a narrow beam of nearly monochromatic X-rays which are adjustable in energy.

The first commercial Lyncean CLS was purchased in December 2012 by researchers from the newly formed Center for Advanced Laser Applications in Germany, a joint project of the Ludwig Maximilians University of Munich and the Technical University Munich (TUM). The Munich CLS was delivered at the end of 2014 and has been in routine operation since April 2015.

Intellectual property developed at Lyncean Technologies, Inc. is protected by several patents.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$14.40M
Lyncean Technologies has raised a total of $14.40M in funding over 2 rounds. Their latest funding was raised on May 8, 2018 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 8, 2018 Series B $13.75M 2 Detail
Dec 9, 2016 Series A $650K 1 Detail

Investors

Number of Lead Investors
Number of Investors
2
Lyncean Technologies is funded by 2 investors. Quintus Vermoegensverwaltung GmbH and EuroUS Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Quintus Vermoegensverwaltung GmbH Series B
EuroUS Ventures Series B