About Bioinduction
Bioinduction is a company based in Bristol (United Kingdom) founded in 2002 was acquired by Amber Therapeutics in September 2023.. The company has 10 employees as of March 31, 2021. Bioinduction offers products and services including Picostim System and Patient Controller. Bioinduction operates in a competitive market with competitors including Saluda Medical, Myoscience, Nalu Medical, Neuros Medical and Biowave, among others.
- Headquarter Bristol, United Kingdom
- Employees 10 as on 31 Mar, 2021
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Bioinduction Limited
- Date of Incorporation 01 May, 2002
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$132.88 K (USD), Grant
Jul 10, 2018
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Investors
Amber Therapeutics
& 1 more
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Employee Count
10
as on Mar 31, 2021
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Acquired by
Amber Therapeutics
(Sep 05, 2023)
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Products & Services of Bioinduction
Bioinduction offers a comprehensive portfolio of products and services, including Picostim System and Patient Controller. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides deep brain stimulation for neurological treatments via implantable device.
Enables users to manage and adjust Picostim system stimulation settings.
Funding Insights of Bioinduction
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $132,877
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First Round
First Round
(10 Jul 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2018 | Amount | Grant - Bioinduction | Valuation |
investors |
| 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 |
Investors in Bioinduction
Bioinduction has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Amber Therapeutics and SBRI Healthcare. 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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Delivers business and technological solutions to identify and address healthcare challenges.
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Founded Year | Domain | Location | |
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Bioelectrical therapies for peripheral nervous system disorders are developed.
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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 Bioinduction
| 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 - Bioinduction
| 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 |
Bioinduction Comparisons
Competitors of Bioinduction
Bioinduction 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 Saluda Medical, Myoscience, Nalu Medical, Neuros Medical and Biowave, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Developer of neuromodulation platform measuring biomarkers for chronic neurological condition treatment
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| domain | founded_year | HQ Location |
Technology-driven dermatological products are developed and commercialized.
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| domain | founded_year | HQ Location |
Developer of a neurostimulation system for managing intractable chronic pain
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| domain | founded_year | HQ Location |
High-frequency neurostimulation therapies for chronic neuropathic pain are developed.
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| domain | founded_year | HQ Location |
Neuromodulation devices are developed for pain therapy management.
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| domain | founded_year | HQ Location |
Non-drug electrotherapy devices for pain and anxiety 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 Bioinduction
Frequently Asked Questions about Bioinduction
When was Bioinduction founded?
Bioinduction was founded in 2002 and raised its 1st funding round 16 years after it was founded.
Where is Bioinduction located?
Bioinduction is headquartered in Bristol, United Kingdom. It is registered at Bristol, England, United Kingdom.
How many employees does Bioinduction have?
As of Mar 31, 2021, the latest employee count at Bioinduction is 10.
What does Bioinduction do?
Bioinduction develops and markets neuromodulation devices for treatment of chronic pain and other neurological disorders. The company offers Finetech-Brindley bladder control system and Picostim Deep brain stimulator. The Picostim is a neuromodulation pain relief device; it is a general purpose neurostimulator small enough to be implanted in the skull in a single procedure. The product development is complete, manufacture of the first batch of devices completed and a UK clinical trial started in late summer 2016. The company has sold 10,000 devices. The company has its manufacturing unit in the UK and corporate offices in UK and Australia.
Who are the top competitors of Bioinduction?
Bioinduction's top competitors include Saluda Medical, Nalu Medical and Myoscience.
What products or services does Bioinduction offer?
Bioinduction offers Picostim System and Patient Controller.
Who are Bioinduction's investors?
Bioinduction has 2 investors. Key investors include Amber Therapeutics, and SBRI Healthcare.