Bioretec

Tampere, Finland Founded: 1985 • Age: 41 yrs
Provider of bioabsorbable, bioactive and drug-releasing surgical implants
Annual revenue $4.7M Latest available
Total funding $8.6M 4 rounds
Employees 47 Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Bioretec

Bioretec is a company based in Tampere (Finland) founded in 1985. Bioretec has raised $8.58 million across 4 funding rounds from investors including Springvest. The company has 47 employees as of December 31, 2024. Bioretec has completed 1 acquisition, including BRI.Tech. Bioretec offers products and services including RemeOs and Activa. Bioretec operates in a competitive market with competitors including Treace Medical Concepts, Loci Orthopaedics, IlluminOss Medical, Stanmore Implants and Medartis, among others.

  • Headquarter Tampere, Finland
  • Employees 47 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Bioretec Ltd.
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $4.72 M (USD)
    16.32
    as on Dec 31, 2024
  • Net Profit
    -$4.79 M (USD)
    -21.78
    as on Dec 31, 2024
  • EBITDA
    -$4.21 M (USD)
    -43.07
    as on Dec 31, 2024
  • Total Equity Funding
    $8.58 M (USD)

    in 4 rounds

  • Latest Funding Round
    $6.32 M (USD), Post-IPO

    Nov 27, 2024

  • Investors
  • Employee Count
    47

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Bioretec

Bioretec is a publicly listed company on the OMXHEX with ticker symbol BRETEC in Finland, 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.

Exchange: OMXHEX · Ticker: BRETEC · Sector: Health technology · Finland

Products & Services of Bioretec

Bioretec offers a comprehensive portfolio of products and services, including RemeOs and Activa.

Product name locked
Category locked
Primary

Innovative metal alloy for promoting natural bone healing without removal surgery

Product name locked
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Biopolymer products that facilitate bone healing and reduce patient discomfort

People of Bioretec

Headcount 10-50
Employee Profiles 6
Board Members and Advisors 4
Employee Profiles
People
Rami Ojala
Sales & Marketing Director
People
Sarah Van Hellenberg Hubar-Fisher
CEO
People
Timo Lehtonen
Chief Technology Officer
People
Frank Sarcone
Vice President Of Sales US

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Board Members and Advisors
people
Antti Vasara
Board Member

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Funding Insights of Bioretec

Bioretec has successfully raised a total of $8.58M across 4 strategic funding rounds. The most recent funding activity was a Post-IPO round of $6.32 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Bioretec

Bioretec has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Springvest.

All
Venture Fund
Investor Description Founded Year Domain Location
Springvest is recognized as a leading growth investment service in Finland.
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Investor details for Bioretec

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Investments & Acquisitions by Bioretec

Bioretec has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BRI.Tech.

Investments
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Investment portfolio details for Bioretec

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Orthopedic surgical instruments are manufactured by BRI.Tech in Germany.
Locked Locked 0 Locked
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Complete acquisition details for Bioretec

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Financial Statements - Bioretec

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Detailed financials for Bioretec

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Bioretec Comparisons

Bioretec Primary company
Description
Provider of bioabsorbable, bioactive and drug-releasing surg...
Location
Tampere, Finland
Founded Year
1985
Annual Revenue
$4.72 M (USD)
Net Profit
-$4.79 M (USD)
EBITDA
-$4.21 M (USD)
Employees
47
As of 2024
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Peer comparison for Bioretec

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Competitors of Bioretec

Bioretec 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 Treace Medical Concepts, Loci Orthopaedics, IlluminOss Medical, Stanmore Implants and Medartis, among others.

Company Name Domain Founded year HQ Location Description
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Orthopedic foot and ankle correction systems are developed and offered.
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Thumb implant for thumb base arthritis
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Minimally invasive orthopedic systems for bone fracture stabilization are developed.
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Modular implants for limb sparing and complex primary and revision joint replacement
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Metal implants for orthopedic fracture fixation are developed and marketed.
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Detailed competitors of Bioretec

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Latest news on Bioretec

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Complete news archive for Bioretec

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Frequently Asked Questions about Bioretec

Bioretec was founded in 1985 and raised its 1st funding round 33 years after it was founded.

Bioretec is headquartered in Tampere, Finland.

Tomi Numminen is the current CEO of Bioretec.

Bioretec is a funded company, having raised a total of $8.58M across 4 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Bioretec is 47.

Annual revenue of Bioretec is $4.72M as on Dec 31, 2024.

Bioretec was founded in 1985 in Tampere, Finland, and operates within the medical device sector. Bioabsorbable, bioactive, and drug-releasing implants are offered, including pins, nails, interference screws, and antibiotic-releasing screws, along with related instruments. These products are utilized for fixing radial head fractures, tibiofibular syndesmosis, bone fractures, osteotomies, and osteochondral fractures, particularly where infection risks from ciprofloxacin-sensitive organisms are present.

Bioretec's top competitors include Treace Medical Concepts, Loci Orthopaedics and Atreon Orthopedics.

Bioretec offers RemeOs and Activa.

Yes, Bioretec is publicly traded on OMXHEX under the ticker symbol BRETEC.

Bioretec has made 1 acquisition, including BRI.Tech.

Bioretec has 1 investor. Key investors include Springvest.

The ticker symbol of Bioretec is BRETEC on OMXHEX.

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