About BIONIK
BIONIK is a company based in Toronto (Canada) founded in 2010.. The company has 9 employees as of December 31, 2021. BIONIK has completed 2 acquisitions, including Interactive Motion and Les Trois Soleils. BIONIK operates in a competitive market with competitors including Ekso Bionics, Blackrock Neurotech, Ceribell, Nexstim and Myomo, among others.
- Headquarter Toronto, Canada
- Employees 9 as on 31 Dec, 2021
- Stage Public
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Sectors
TechnologyHealthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Bionik Laboratories Corp.
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Annual Revenue
$1.81 M41.73as on Mar 31, 2023
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Net Profit
$-4.95 M52.48as on Mar 31, 2023
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EBITDA
$-4.76 M-1.97as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
9
as on Dec 31, 2021
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Investments & Acquisitions
Interactive Motion
& 1 more
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IPO & Listings of BIONIK
BIONIK is a publicly listed company on the OTC with ticker symbol BNKL in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of BIONIK
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(07 Jul 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2017 | Amount | Post-IPO - BIONIK | Valuation |
investors |
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| Apr, 2016 | Amount | Post-IPO - BIONIK | Valuation |
investors |
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| Jul, 2015 | Amount | Post-IPO - BIONIK | Valuation |
investors |
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| 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 |
Investments & Acquisitions by BIONIK
BIONIK has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Interactive Motion and Les Trois Soleils. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Robotic tools for neurorehabilitation are provided by Interactive Motion.
|
1998 | ||||
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Standalone inpatient & outpatient rehablitation center
|
1970 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - BIONIK
| 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 |
Bionik Comparisons
Competitors of BIONIK
BIONIK 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 Ekso Bionics, Blackrock Neurotech, Ceribell, Nexstim and Myomo, 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 |
Exoskeletons for medical rehabilitation and industrial productivity are provided.
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| domain | founded_year | HQ Location |
Medical devices for neurological therapies are developed.
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| domain | founded_year | HQ Location |
Portable EEG devices for point-of-care seizure diagnosis are provided.
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| domain | founded_year | HQ Location |
Noninvasive brain stimulation is provided for stroke patient rehabilitation.
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| domain | founded_year | HQ Location |
Robotic arms are provided for mobility and rehabilitation support.
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| domain | founded_year | HQ Location |
Evidence-based digital neurotherapeutics are developed for brain health recovery.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Bionik
Frequently Asked Questions about BIONIK
When was BIONIK founded?
BIONIK was founded in 2010 and raised its 1st funding round 5 years after it was founded.
Where is BIONIK located?
BIONIK is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
How many employees does BIONIK have?
As of Dec 31, 2021, the latest employee count at BIONIK is 9.
What is the annual revenue of BIONIK?
Annual revenue of BIONIK is $1.81M as on Mar 31, 2023.
What does BIONIK do?
Bionik Labs provides assistive and rehabilitation hardware and software solutions for healthcare professionals and patients. Offers InMotion Interactive Therapy, that improves upper-extremity motor retraining for patients with neurological conditions and injuries and InMotionConnect which is a software system that assists therapists to monitor analyze the patients progress and neurological condition. Also offers InMotionARM, which is a shoulder elbow evaluation therapy solution for stroke, spinal cord injury, multiple sclerosis, Parkinsons other neurological conditions and InMotionARMHAND which is a solution to treat patients with different deficits such as severe impairment, high level strengthening or coordination.
Who are the top competitors of BIONIK?
BIONIK's top competitors include Ceribell, Myomo and Blackrock Neurotech.
Is BIONIK publicly traded?
Yes, BIONIK is publicly traded on OTC under the ticker symbol BNKL.
How many acquisitions has BIONIK made?
BIONIK has made 2 acquisitions, including Interactive Motion, and Les Trois Soleils.
What is BIONIK's ticker symbol?
The ticker symbol of BIONIK is BNKL on OTC.