Diligence memo · auto-generated · as of July 2, 2026
Recon Instruments Inc.
Recon Instruments Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Recon Instruments Inc. operates in Other Technology, based in VANCOUVER.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Recon Instruments Inc. has raised $11M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $7.0M on 2013-09-06.
Most recent recorded round closed around 2013-09-06.
Valuation (modeled)modeled
Provath models Recon Instruments Inc. at approximately $194M (range $9.4M–$1.1B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.27× the median modeled value of Series A Other Technology companies in 2013–2015 (789 peers) — value vs value, same stage and era. Within the normal band (127% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 12.8 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.8× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 74% of Other Technology peers (21302 compared).
Modeled value ranks above 83% of those peers.
Closest niche peers: Uni-Pixel, FoundationDB, Inc., Liaison Technologies, Inc., iDevices, LLC, Zafin Global Holdings Corp..
Peoplefiled
8 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.