Fundraising Fox

Akonni Biosystems

Fredrick, US · Delaware corporation

akonni.com
Biotech

Founders & leadership

CD
Charles DaitchFounder
JD
Jon DavisExecutive
DC
Darrell ChandlerNamed on SEC filing
GR
George RudyNamed on SEC filing
JR
Jennifer ReynoldsNamed on SEC filing

Board

TM
Tom McMahonBoard director
CP
Chuck ParrishBoard director
MF
Michael FarmerBoard director
DK
David KeysBoard director
TH
Thomas HigginsBoard director

Reported raises · per SEC filings

Form D private placements

$22M disclosed across 9 rounds · 2012–2019

$1.8MraisedJun 2019 · 21 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Lawrence FirestoneExecutive Officer
  • Mary PittmanDirector
  • Dr. Myun HanDirector
  • Jon DavisExecutive Officer
  • Thomas HigginsDirector
  • David KeysDirector
  • Darrell ChandlerExecutive Officer
  • Tom McMahonDirector
  • Chuck ParrishDirector
  • Charles DaitchExecutive Officer, Director
  • Michael FarmerDirector
Offering amount
$4.6M
Amount sold
$1.8M
Minimum investment
$25K
First sale
Jun 2019
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.1MraisedAug 2018 · 16 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Brian MorraDirector
  • Charles DaitchExecutive Officer, Director
  • Michael FarmerDirector
  • Dr. Jialu WuDirector
  • Mary PittmanDirector
  • David KeysDirector
  • Chuck ParrishDirector
  • Thomas HigginsDirector
  • Lawrence FirestoneExecutive Officer
  • Tom McMahonDirector
  • Jon DavisExecutive Officer
  • Darrell ChandlerExecutive Officer
Offering amount
$7M
Amount sold
$1.1M
Minimum investment
$25K
First sale
Aug 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$7.5MraisedFeb 2018 · 1 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Charles DaitchExecutive Officer, Director
  • Brian MorraDirector
  • Jon DavisExecutive Officer
  • Darrell ChandlerExecutive Officer
  • Mark WoodDirector
  • Tom McMahonDirector
  • Mary PittmanDirector
  • Thomas HigginsDirector
  • Chuck ParrishDirector
  • Michael FarmerDirector
  • David KeysDirector
Offering amount
$7.5M
Amount sold
$7.5M
Minimum investment
$25K
First sale
Feb 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2.4MraisedJan 2018 · 26 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Thomas HigginsDirector
  • Mary PittmanDirector
  • Jon DavisExecutive Officer
  • Michael FarmerDirector
  • Darrell ChandlerExecutive Officer
  • Brian MorraDirector
  • Chuck ParrishDirector
  • Charles DaitchExecutive Officer, Director
  • Tom McMahonDirector
  • David KeysDirector
Offering amount
$2.4M
Amount sold
$2.4M
Minimum investment
$25K
First sale
Jan 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2.3MraisedSep 2017 · 18 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Charles DaitchExecutive Officer, Director
  • Thomas HigginsDirector
  • Tom McMahonDirector
  • Michael MurphyExecutive Officer
  • Brian MorraDirector
  • Chuck ParrishDirector
  • Michael FarmerDirector
  • Jon DavisExecutive Officer
  • Mary PitmanDirector
  • David KeysDirector
  • Darrell ChandlerExecutive Officer
Offering amount
$2.3M
Amount sold
$2.3M
Minimum investment
$25K
First sale
Aug 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$4MraisedMar 2017 · 33 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jon DavisExecutive Officer
  • Tom McMahonDirector
  • Charles DaitchExecutive Officer, Director
  • Chuck ParrishDirector
  • Thomas HigginsDirector
  • Michael FarmerDirector
  • Mary PitmanDirector
  • Michael MurphyExecutive Officer
  • David KeysDirector
  • Brian MorraDirector
  • Darrell ChandlerExecutive Officer
Offering amount
$6M
Amount sold
$4M
Minimum investment
$25K
First sale
Mar 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.3MraisedMay 2016 · 4 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Charles DaitchExecutive Officer, Director
  • Tom McMahonDirector
  • Brian MorraDirector
  • Chuck ParrishDirector
  • Michael FarmerDirector
  • David KeysDirector
  • Mary PittmanDirector
  • Thomas HigginsExecutive Officer, Director
Offering amount
$5M
Amount sold
$1.3M
Minimum investment
$25K
First sale
Apr 2016
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$619KraisedDec 2015 · 7 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Tom McMahonDirector
  • Chuck ParrishDirector
  • Jon DavisExecutive Officer
  • Charles DaitchExecutive Officer, Director
  • Darrell ChandlerExecutive Officer
  • Michael FarmerDirector
  • David KeysDirector
  • Thomas HigginsDirector
Offering amount
$3M
Amount sold
$619K
Minimum investment
$25K
First sale
Apr 2015
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Non-dilutive funding · 24 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
National Institutes of Health (NIH)National Institutes of HealthPhase II2022$2M
National Institutes of Health (NIH)National Institutes of HealthPhase I2021$299.6K
Food and Drug Administration (FDA)Food and Drug AdministrationPhase I2021$168.1K
National Institutes of Health (NIH)National Institutes of HealthPhase II2019$3M
National Institutes of Health (NIH)National Institutes of HealthPhase II2018$3M
National Institutes of Health (NIH)National Institutes of HealthPhase I2017$225K
National Institutes of Health (NIH)National Institutes of HealthPhase II2017$149K
National Institutes of Health (NIH)National Institutes of HealthPhase I2016$300K
National Institutes of Health (NIH)National Institutes of HealthPhase II2015$1.5M
National Institutes of Health (NIH)National Institutes of HealthPhase II2014$3M
National Institutes of Health (NIH)National Institutes of HealthPhase II2013$1.2M
National Science FoundationPhase II2012$498.8K
National Institutes of Health (NIH)National Institutes of HealthPhase I2012$300K
National Institutes of Health (NIH)National Institutes of HealthPhase I2012$280.8K
National Institutes of Health (NIH)National Institutes of HealthPhase I2011$300K
National Science FoundationPhase I2011$150K
National Institutes of Health (NIH)National Institutes of HealthPhase I2010$424.1K
National Institutes of Health (NIH)National Institutes of HealthPhase II2009$3M
Department of EnergyPhase II2007$750K
National Institutes of Health (NIH)National Institutes of HealthPhase I2007$294.5K
National Institutes of Health (NIH)National Institutes of HealthPhase I2007$278.4K
National Institutes of Health (NIH)National Institutes of HealthPhase I2006$1.1M
National Science FoundationPhase I2006$100K
Department of EnergyPhase I2006$99.9K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Frequently asked questions

Who founded Akonni Biosystems?
Akonni Biosystems was founded by Charles Daitch.
How much funding has Akonni Biosystems raised?
Akonni Biosystems has disclosed $22M raised across 9 rounds.
Where is Akonni Biosystems headquartered?
Akonni Biosystems is headquartered in Fredrick, US.