Ellex

Adelaide, Australia Founded: 1985 • Age: 41 yrs Acquired By Quantel Medical
Develops products for the treatment of eye diseases
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About Ellex

Ellex is a company based in Adelaide (Australia) founded in 1985 was acquired by Quantel Medical in July 2020.. Ellex has completed 1 acquisition, including iScience Interventional. Ellex operates in a competitive market with competitors including EYE TECH CARE, Rxilient, DGH Technology, Tianjin Suowei Electronic Technology and Eye Sonix, among others.

  • Headquarter Adelaide, Australia
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
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Funding Insights of Ellex

  • Total Funding
  • Total Rounds 5
  • Last Round Post-IPO — $24.4M
  • First Round

    (26 Jun 2007)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2017 Amount Post-IPO - Ellex Valuation

investors

Dec, 2016 Amount Post-IPO - Ellex Valuation

investors

Aug, 2016 Amount Grant - Ellex Valuation

investors

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 Ellex

Ellex has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Quantel Medical and business.gov.au. 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.

All
Institutional
Investor Description Founded Year Domain Location
Support is provided for businesses in Australia through government resources.
Founded Year Domain Location
Ultrasound and laser devices for ophthalmology are manufactured and marketed.
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 Ellex

Ellex has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include iScience Interventional. 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.

Investments
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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Microcatheter and imaging technologies for ophthalmic procedures are developed.
1999
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Ellex

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Ellex Comparisons

Employees
+
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Competitors of Ellex

Ellex 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 EYE TECH CARE, Rxilient, DGH Technology, Tianjin Suowei Electronic Technology and Eye Sonix, 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
Ultrasound device for glaucoma treatment is developed.
domain founded_year HQ Location
Provides customized commercial solutions for healthcare in emerging markets globally.
domain founded_year HQ Location
DGH Technology designs and sells ultrasonic pachymeters and eye scans for medical use.
domain founded_year HQ Location
Manufactures high-quality ophthalmic ultrasound equipment for medical professionals.
domain founded_year HQ Location
Develops ultrasound technology for glaucoma treatment.
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.

Latest news on Ellex

SG Capital Partners AIFP’s Investment Round
Globallegalchronicle1 year ago
Capitalica’s Establishment of a Debt Fund
Globallegalchronicle2 years ago

Frequently Asked Questions about Ellex

When was Ellex founded?

Ellex was founded in 1985 and raised its 1st funding round 22 years after it was founded.

Where is Ellex located?

Ellex is headquartered in Adelaide, Australia. It is registered at Adelaide, South Australia, Australia.

What does Ellex do?

Ellex was founded in 1985 in Adelaide, Australia, within the ophthalmology sector. Ultrasound systems are developed by the company for ophthalmologists to diagnose and treat eye diseases. Products are offered for procedures including selective laser trabeculoplasty, canaloplasty, vitreolysis, capsulotomy, photocoagulation, and retinal rejuvenation. The canaloplasty business of iScience Interventional, a US-based firm, was acquired in 2014.

Who are the top competitors of Ellex?

Ellex's top competitors include EYE TECH CARE, Rxilient and DGH Technology.

How many acquisitions has Ellex made?

Ellex has made 1 acquisition, including iScience Interventional.

Who are Ellex's investors?

Ellex has 2 investors. Key investors include Quantel Medical, and business.gov.au.

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