What IC Biomedical does

IC Biomedical is a Cartersville, Georgia-based manufacturer of cryogenic storage and transport equipment serving biomedical research, healthcare, biobanking, pharmaceutical, IVF, and animal husbandry end markets. The company was formed in October 2020 when private equity sponsor Milton Street Capital acquired the legacy Taylor-Wharton cryogenics business, an operation with a continuous lineage back to 1957, and consolidated production into a 100,000 square foot facility in March 2021.

The product portfolio spans roughly eight distinct lines, including the premium Revolution Series, which incorporates the patent-pending Radiance Temperature Management System using dynamic algorithms to maintain thermal uniformity; the Revolution-Q, a fully automated storage platform integrated with CELLTRIO's Robostar robotic retrieval system; the LABS Precision and LABS Series for laboratory applications; the K-Series and LS Series; small cryogenic freezers; vapor shippers; liquid nitrogen dewars; and a dedicated animal husbandry line. The product architecture combines vacuum-insulated cryogenic vessels with proprietary control electronics and humidity-management features, allowing the same hardware platform to address regulated clinical storage, transport logistics, and agricultural reproductive applications.

The business operates a hardware-led, project-based sales model: revenue is generated primarily through capital equipment sales to research institutions, hospitals, biorepositories, pharmaceutical manufacturers, IVF clinics, and agricultural operations, distributed through a global channel network that includes membership in GAWDA. Regulatory positioning is central to the go-to-market, with ISO 13485:2016 certification obtained in March 2022 and Enhanced Medical Device Regulation certification secured in March 2024, the latter being a first among cryogenic equipment manufacturers and a key enabler for EU market access. Recurring revenue is not the primary model; rather, customer relationships are anchored by long-lived installed bases whose switching costs include requalification of validated cold-chain protocols under FDA and HIPAA frameworks.

Name

IC Biomedical

Legal name

IC Biomedical, LLC

Website

https://icbiomedical.com

Company type

Private

Founded year

2020

Operating status

Operating

Short description

IC Biomedical, based in Cartersville, Georgia, manufactures cryogenic storage and transport equipment for biomedical research, healthcare, biobanking, pharmaceutical, IVF, and animal husbandry markets, offering a portfolio of liquid nitrogen freezers, vapor shippers, and automated biobanking systems with ISO 13485 and Enhanced MDR certifications.

Ownership category

akta.pro rank

Product category

Cryogenic Storage Equipment

NAICS

Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (3334)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Refrigeration & Service Industry Machinery (3580)

akta.pro primary industry

Sample Preparation, Storage & Cryogenics (Freezers, Cryovials, Cryostats) (HLAGAIAJ)

akta.pro secondary industries

Cold Chain, Cryopreservation & Biologics Storage/Handling Technologies (HLAAAJAN), Cold Chain Storage & Cryopreservation Services (LN2/Ultra-low) (HLAGAGAK), Cold Chain & Temperature-Controlled Storage Equipment (IMAHAKAJ), Biologics, Vaccines & Ultra-Low Temperature (ULT) Storage (TLALABAG)

Keywords

• Cryogenic storage equipment
• Liquid nitrogen freezers
• Vapor shipper manufacturing
• Biorepository storage systems
• Cold chain transport

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Cryogenic Equipment Sales: Sale of cryogenic storage and transport equipment including high-capacity freezers, small freezers, vapor shippers, liquid nitrogen dewars, laboratory systems, and accessories. Products are sold as one-time capital equipment purchases with no recurring revenue model mentioned.
2. Aftermarket Accessories & Parts: Replacement parts, accessories (cryogenic gloves, aprons, low-level alarms, controllers), and service parts for existing equipment installations.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

IC Biomedical manufactures and sells cryogenic storage and transport equipment, including high-capacity liquid nitrogen freezers, vapor shippers, dewars, and laboratory systems, operating at ultra-low temperatures down to -196°C. The company serves biomedical research, healthcare, biobanking, pharmaceutical, biotechnology, IVF, and animal husbandry markets from its 100,000 sq ft ISO 13485-certified manufacturing facility in Cartersville, Georgia. Product lines include automated Revolution Series freezers with AI-driven temperature management, the Revolution-Q fully automated storage system, and a full ecosystem of accessories including PPE, transfer equipment, and wireless temperature monitoring.

Product overview

IC Biomedical offers a comprehensive portfolio of cryogenic storage and transport equipment serving biomedical research, healthcare, biobanking, pharmaceutical, IVF, and animal husbandry markets. The product line spans from premium automated systems (Revolution Series, Revolution-Q) down to entry-level portable freezers, supported by a full ecosystem of vapor shippers, liquid nitrogen dewars, transfer equipment, and protective accessories. The Revolution Series and Revolution-Q represent the premium tier with advanced features like AI-driven Radiance Temperature Management, RFID access control, audit trails, and (for Revolution-Q) full CELLTRIO Robostar automation for robotic cryovial handling. The LABS Precision and LABS Series serve mid-tier high-capacity needs with touchscreen control and differential pressure management. The K-Series offers modular electronic controller-based storage, while the LS Series and Small Freezer lines address laboratory and portable applications. Vapor shippers (CX/CXR and D/DX series) and liquid nitrogen dewars (LD Series) enable secure transport and dispensing. The product line is completed by the Liquid Withdrawal Device (LWD), CryoGuard PPE, and CryoTransfer Equipment. A specialized AI/Animal Husbandry sub-line addresses cattle, equine, swine, and small ruminant breeding with dedicated small freezers, vapor shippers, dewars, and bulk semen storage systems (AI-91K, LABS 80K-AI). All products are manufactured in a 100,000 sq ft ISO 13485-certified facility in Cartersville, Georgia.

Differentiator

Problem solved

Functional benefit

Brands

• Revolution Series: High-capacity stainless steel cryogenic freezers with automated biosample retrieval, RFID access, and full GMP compliance for biorepositories and research facilities.
• LABS Series
• LABS Precision Series
• K-Series
• Revolution-Q
• LS Series
• CryoGuard
• AI Shield

Products and services

• Revolution Series Cryogenic Freezers Premium high-capacity stainless steel cryogenic freezers for regulated biorepository compliance, featuring Radiance Temperature Management System with AI-driven dynamic algorithms, RFID badge access, and full audit trail. Available in standard Revolution and semi-automated Revolution-SA (motor-driven carousel) models for biomedical research, biobanking, and pharmaceutical storage.
• Revolution-Q Fully automated cryogenic freezer featuring CELLTRIO Robostar technology for automated biosample storage and retrieval, with RoboVial pick-and-place automation, Skyview C3 inventory management software, and RESTful API interface to LIMS systems. Operates at -195°C LN2 storage with up to 24,192 cryovial capacity for biobanking, R&D, and cell culture applications.
• LABS Precision Series High-capacity stainless steel cryostorage freezers with touchscreen monitoring, control, and communications featuring an industrial PLC controller, differential pressure level control, user management, and audit-trail functions for modern biorepository operations.
• LABS Series High-capacity liquid nitrogen lab freezers engineered for research laboratories, biobanks, and healthcare facilities, featuring highly efficient units with very low LN2 consumption, single-point aluminum turntable design, and capabilities for data collection, event scheduling, and enhanced security settings.
• K-Series Cryostorage Freezers Modular cryostorage systems with electronic controllers monitoring liquid level, temperature, and alarms, designed for liquid or vapor phase applications. Vial storage capacities from approximately 3,024 to more than 38,000, featuring stainless steel vacuum vessels and powder-coated cabinets.
• LS Series Laboratory Systems LN2 liquid or vapor vial storage systems in five sizes featuring rack index location ring, internal location fixture, and computer-compatible box storage. Includes CS100 controller with remote connection capability on LS4800 and LS6000 models, and optional Cryo-Sentry low-level alarm.
• Small Cryogenic Freezers Portable cryogenic freezers for small-scale operations including ICB Standard Series, ICB Dual Series (convertible for storage and vapor shipping), HC Series high-capacity small freezers, and XT Series extended-time cryogenic freezers. Designed for field research, benchside holding, and sample transfers.
• Dry Vapor Cryogenic Shippers Dry shipper containers for safe liquid nitrogen transport eliminating spillage risks. Available in CX/CXR Series (Advanced Concept Adsorbent material) and D/DX Series (Hydrophobic Adsorbent material). Includes 4LSC and 10LSC upright shipping cases. IATA-compliant for open cryogenic receptacles.

Quantifiable outcome

• Post-thaw motility rates: 65-80% for cattle semen (TW Bulk Freezer), 70%+ for swine, 60%+ for poultry, 55-70% for equine
• +3 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability3 records

Feature7 records

Partnerships

Two partnerships are on record, tiered core and minor.

• CELLTRIOcoreTechnology or Integration · 1 November 2024CELLTRIO provides Robostar automation technology powering the Revolution-Q fully automated cryogenic storage system. Includes Robostor rack removal, RoboVial individual cryovial handling, and RoboCVR controlled-rate freezing automation. Partnership enables IC Biomedical to offer industry-leading automated biosample storage and retrieval capabilities.
• GAWDA (Gases and Welding Alloys Distributors Association)minorChannel Partner/ Reseller/ DistributorTrade association representing distributors in the industrial gases and welding equipment industry. IC Biomedical maintains partnership with GAWDA member distributors for market reach and distribution of cryogenic equipment products.

Scale indicators4 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Chart Industries: Chart Industries (including its MVE Biological Products division) is a major direct competitor in cryogenic storage and transport equipment, offering LN2 freezers, dewars, and vapor shippers for biomedical and animal husbandry markets. The company is significantly larger than IC Biomedical and serves overlapping customer segments including biobanking, IVF, and pharmaceutical storage.
• Helmer Scientific: Helmer Scientific specializes in temperature-controlled storage for healthcare, biomedical, and pharmaceutical applications, including blood bank and laboratory storage. The companies serve overlapping customer segments with regulated storage requirements.
• Eppendorf: Eppendorf manufactures cryogenic storage and laboratory equipment including ULT freezers and cryovial storage systems. The company serves similar biomedical research, biobanking, and pharmaceutical customer segments with comparable cryopreservation technologies.
• Azenta Life Sciences: Azenta (formerly Brooks Life Sciences / Genesys) provides automated biobanking and sample storage solutions, including cryogenic storage with robotic sample handling. The company directly competes with IC Biomedical's Revolution-Q automated offering in the premium biobanking automation segment.
• PHC Corporation of North America (PHCbi): PHCbi (formerly Panasonic Healthcare) manufactures ultra-low temperature and cryogenic biomedical freezers for laboratory, biobanking, and pharmaceutical customers. The companies compete directly in cryogenic storage equipment with comparable product portfolios targeting similar regulated end markets.
• Haier Biomedical: Haier Biomedical is a leading manufacturer of biomedical cold storage equipment including ultra-low temperature freezers and cryogenic storage systems. The company is particularly strong in APAC markets and competes directly with IC Biomedical's product lines in biobanking and pharmaceutical storage.

Others

• Worthington Industries: Worthington Industries was the former corporate parent of the Taylor-Wharton CryoScience product line that now forms part of IC Biomedical. While Worthington has exited the cryogenic life sciences business, it remains a tangential connection given the shared heritage and historical product overlap.

Broad incumbents

• Thermo Fisher Scientific: Thermo Fisher offers cryogenic and cold storage equipment through its Laboratory Products and Biosciences segments, alongside a much broader life sciences portfolio. The company competes with IC Biomedical in biobanking and biomedical storage but operates at vastly greater scale with multiple product categories.

Emerging players

• Stirling Ultracold: Stirling Ultracold manufactures ultra-low temperature freezers using Stirling engine technology, primarily serving biomedical and pharmaceutical storage. While focused on ULT (not LN2-based) cryogenic storage, the company competes for similar laboratory and biobanking customer budgets.
• B Medical Systems: B Medical Systems specializes in cold chain solutions for medical and pharmaceutical applications, including vaccine and blood storage. The company has partial overlap with IC Biomedical's regulated cold storage offerings, particularly in emerging market public health segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/icbiomedical

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IC Biomedical