About Biimultrasound
Biimultrasound is a company based in Narvik (Norway) founded in 2011 by Rune Nystad was acquired by Observe Medical in January 2022.. The company has 6 employees as of December 31, 2021. Biimultrasound operates in a competitive market with competitors including Butterfly Network, Exo, Zonare Medical Systems, SonoSite and Bay Labs, among others.
- Headquarter Narvik, Norway
- Employees 6 as on 31 Dec, 2021
- Founders Rune Nystad
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
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Social
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Annual Revenue
$785.17 K (USD)-32as on Dec 31, 2021
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Net Profit
$-3.35 M (USD)-84as on Dec 31, 2021
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EBITDA
$-3.62 M (USD)-57as on Dec 31, 2021
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Latest Funding Round
- Investors
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Employee Count
6
as on Dec 31, 2021
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Acquired by
Observe Medical
(Jan 14, 2022)
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Funding Insights of Biimultrasound
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Biimultrasound
Biimultrasound has secured backing from 1 investor. Prominent investors backing the company include Observe Medical. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Biofilm build-up is measured by a single-use digital urine meter.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Biimultrasound
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Biimultrasound
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Biimultrasound Comparisons
Competitors of Biimultrasound
Biimultrasound operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Butterfly Network, Exo, Zonare Medical Systems, SonoSite and Bay Labs, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Handheld ultrasound devices are developed for whole-body medical imaging.
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| domain | founded_year | HQ Location |
Ultrasound images are analyzed via AI-based software provided by Exo.
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| domain | founded_year | HQ Location |
Portable ultrasound systems are developed and provided for medical use.
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| domain | founded_year | HQ Location |
Hand-carried ultrasound systems for medical specialties are developed and distributed.
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| domain | founded_year | HQ Location |
Deep learning-based imaging diagnostics for heart diseases are developed.
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| domain | founded_year | HQ Location |
Ultrasound-based monitoring systems for thermal ablation procedures are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Biimultrasound
Frequently Asked Questions about Biimultrasound
When was Biimultrasound founded?
Biimultrasound was founded in 2011.
Where is Biimultrasound located?
Biimultrasound is headquartered in Narvik, Norway. It is registered at Narvik, Nordland, Norway.
Who is the current CEO of Biimultrasound?
Rune Nystad is the current CEO of Biimultrasound. They have also founded this company.
How many employees does Biimultrasound have?
As of Dec 31, 2021, the latest employee count at Biimultrasound is 6.
What is the annual revenue of Biimultrasound?
Annual revenue of Biimultrasound is $785.17K as on Dec 31, 2021.
What does Biimultrasound do?
Biimultrasound was founded in 2011 in Narvik, Norway, within the medical devices sector. A pocketable, tablet-connected ultrasound probe for real-time point-of-care scanning has been engineered. FDA 510(k) clearance was secured for the device, supporting its application in vascular access procedures to aid visualization and reduce infection risks. CE marking had not been obtained as of October 2017.
Who are the top competitors of Biimultrasound?
Biimultrasound's top competitors include Butterfly Network, Exo and TechsoMed.
Who are Biimultrasound's investors?
Biimultrasound has 1 investor. Key investors include Observe Medical.