Bluechiip Limited: Funding, Investors & Team (Oct 2026)
Bluechiip has developed and patented a technology that combines secure wireless sample ID tracking with integrated temperature reading for use in extreme environments such as Biobanks. It works reliably in temperatures from -196°C to over +100°C and it is not affected by ionising radiation or frost build-up. Based on MEMS technology, the Bluechiip tag contains no electronics and so, it is impervious to autoclave, gamma sterilisation, humidification, centrifuging and cryogenic storage unlike typical RFID. Compared to traditional tracking technologies like labels or barcodes, Bluechiip does not require line-of-sight for the readings. Therefore, it can be read through ice buildup. The Bluechiip tag can be embedded into storage products such as vials or blood bags and can't be detached like labels. Easy identification, along with any associated information from the tag can be detected by a reader. The tag has a unique hard-coded ID at the point of manufacture guaranteeing non-duplicates . Unlike any other tracking methods, the Bluechiip technology can sense the temperature of each item a tag is attached to. This technology is particularly important for industries such as the $2b biopreservation and cryopreservation market, which processes more than 300 million samples per year of tissue, stem cells, blood, reagents..., for industries such as pharmaceuticals, IVF, research, diagnostics and clinical trials. It also has applications in cold chain logistics, food, manufacturing, security and defence.
Bluechiip Limited has raised $2.7M across 2 funding rounds on record, the most recent an undisclosed round of $2.2M announced in May 2023.
That round is below the $7.7M median round size for Consumer Electronics companies tracked on FundedIQ over the last two years.
Bluechiip Limited Company Profile and Key Stats
Latest funding round on record: May 2023.
Bluechiip Limited Funding Rounds
Bluechiip Limited raised $540k in an undisclosed round announced in Dec 2022.
5 months later, an undisclosed round of $2.2M was announced in May 2023.
Bluechiip Limited Founders and Leadership Team
No contact details are on record for this team yet.
Bluechiip Limited Funding Compared to Other Consumer Electronics Startups
Bluechiip Limited's latest round of $2.2M is below the median round in Consumer Electronics. Medians cover the last 24 months of disclosed rounds.
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Bluechiip Limited Funding FAQs
What does Bluechiip Limited do?
Bluechiip has developed and patented a technology that combines secure wireless sample ID tracking with integrated temperature reading for use in extreme environments such as Biobanks. It works reliably in temperatures from -196°C to over +100°C and it is not affected by ionising radiation or frost build-up. Based on MEMS technology, the Bluechiip tag contains no electronics and so, it is impervious to autoclave, gamma sterilisation, humidification, centrifuging and cryogenic storage unlike typical RFID. Compared to traditional tracking technologies like labels or barcodes, Bluechiip does not require line-of-sight for the readings. Therefore, it can be read through ice buildup. The Bluechiip tag can be embedded into storage products such as vials or blood bags and can't be detached like labels. Easy identification, along with any associated information from the tag can be detected by a reader. The tag has a unique hard-coded ID at the point of manufacture guaranteeing non-duplicates . Unlike any other tracking methods, the Bluechiip technology can sense the temperature of each item a tag is attached to. This technology is particularly important for industries such as the $2b biopreservation and cryopreservation market, which processes more than 300 million samples per year of tissue, stem cells, blood, reagents..., for industries such as pharmaceuticals, IVF, research, diagnostics and clinical trials. It also has applications in cold chain logistics, food, manufacturing, security and defence.
How much funding has Bluechiip Limited raised?
Bluechiip Limited has raised $2.7M across 2 rounds on record. The most recent is an undisclosed round of $2.2M announced in May 2023.
When did Bluechiip Limited last raise funding?
Bluechiip Limited's most recent funding round on record is an undisclosed round of $2.2M, announced in May 2023.
Who is the CEO of Bluechiip Limited?
Andrew Mclellan is listed as CEO at Bluechiip Limited.
Where is Bluechiip Limited headquartered?
Bluechiip Limited is based in Scoresby, Victoria, Australia.
How many employees does Bluechiip Limited have?
Bluechiip Limited is in the 11-50 employee band.
How does Bluechiip Limited's funding compare to other Consumer Electronics startups?
Bluechiip Limited's latest round of $2.2M is below the $7.7M median round size for Consumer Electronics companies on FundedIQ across 1,547 tracked companies over the last two years.
About FundedIQ's Bluechiip Limited Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Bluechiip Limited is left off this page rather than filled in.
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