About Direct Conversion
Direct Conversion is a company based in Danderyd (Sweden) founded in 2016 was acquired by Varex in March 2019.. Direct Conversion offers products and services including X-ray Tubes, X-ray Detectors, Software Solutions, Linear Accelerators, and Photon Counting Detectors. Direct Conversion operates in a competitive market with competitors including Nanox, 3Shape, GelSight, iTero and Adaptix, among others.
- Headquarter Danderyd, Sweden
-
Sectors
Healthcare
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Direct Conversion
Direct Conversion offers a comprehensive portfolio of products and services, including X-ray Tubes, X-ray Detectors, Software Solutions, Linear Accelerators, and Photon Counting Detectors. 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.
Tubes used for X-ray generation in diagnostic imaging
Detectors converting X-rays into signals for analysis
Software for controlling and processing X-ray images
Accelerators for high-energy X-ray applications in security
Detectors for precise X-ray photon measurement in medical use
Funding Insights of Direct Conversion
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2017 | Amount | Seed - Direct Conversion | Valuation | X2 Equity |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Direct Conversion
Direct Conversion has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Varex and X2 Equity. 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 |
|---|---|---|---|---|
|
A technology investment company focused on HardTech and Software.
|
Founded Year | Domain | Location | |
|
Developer of imaging equipment and accessories
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Direct Conversion
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Direct Conversion
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Direct Conversion Comparisons
Competitors of Direct Conversion
Direct Conversion 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 Nanox, 3Shape, GelSight, iTero and Adaptix, 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 |
Digital X-ray sources are developed by Nanox for cloud-based diagnostics.
|
|
| domain | founded_year | HQ Location |
Provider of 3D ear scanning systems
|
|
| domain | founded_year | HQ Location |
Optical equipment for micron-level surface geometry capture is offered.
|
|
| domain | founded_year | HQ Location |
Intraoral scanners and restorative devices are developed for dental imaging.
|
|
| domain | founded_year | HQ Location |
Planar X-ray radiology products for diagnostic imaging are supplied.
|
|
| domain | founded_year | HQ Location |
Innovative solutions for cancer treatment and industrial applications are provided by IBA.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Direct Conversion
When was Direct Conversion founded?
Direct Conversion was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Direct Conversion located?
Direct Conversion is headquartered in Danderyd, Sweden. It is registered at Danderyd, Stockholm County, Sweden.
Who is the current CEO of Direct Conversion?
Spencer Gunn is the current CEO of Direct Conversion.
What does Direct Conversion do?
Direct Conversion develops and manufactures photon counting direct conversion based digital X-ray imaging systems. It offers Ajat detectors that have application in the dental industry and XCounter detectors (XC-Hydra, XC-Thor, and XC-Actaeon). The products are claimed to have better imaging speed, dual energy capability, better MTF (Modulation Transfer Function) and DQE (Detection Quantum Efficiency), high sensitivity, and consumes less power. The products have application in medical, dental, and industrial markets. It acquired Ajat in 2009 to expand its product line.
Who are the top competitors of Direct Conversion?
What products or services does Direct Conversion offer?
Direct Conversion offers X-ray Tubes, X-ray Detectors, Software Solutions, Linear Accelerators, and Photon Counting Detectors.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.