About Ferrosan Medical Devices
Ferrosan Medical Devices is a company based in Søborg (Denmark) founded in 1920 was acquired by Kirk Kapital in September 2022.. Ferrosan Medical Devices has raised $325.03 million across 4 funding rounds from investors including ATP, Impilo and Altor. The company has 308 employees as of December 31, 2024. Ferrosan Medical Devices offers products and services including SURGIFLO Haemostatic Matrix, SURGIFOAM Sponge, SPONGOSTAN Sponge, Breast Biopsy Device, and VETSPON.
- Headquarter Søborg, Denmark
- Employees 308 as on 31 Dec, 2024
- Stage Minicorn
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ferrosan Medical Devices A/S
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Annual Revenue
$122.17 M (USD)14as on Dec 31, 2023
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Net Profit
$73.84 M (USD)441as on Dec 31, 2023
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EBITDA
$79.85 M (USD)336as on Dec 31, 2023
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Total Equity Funding
$325.03 M (USD)
in 4 rounds
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Latest Funding Round
$199.7 M (USD), Unspecified
Dec 20, 2022
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Investors
ATP
& 4 more
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Employee Count
308
as on Dec 31, 2024
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Acquired by
Kirk Kapital
(Sep 27, 2022)
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Products & Services of Ferrosan Medical Devices
Ferrosan Medical Devices offers a comprehensive portfolio of products and services, including SURGIFLO Haemostatic Matrix, SURGIFOAM Sponge, SPONGOSTAN Sponge, Breast Biopsy Device, and VETSPON. 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.
Aids in controlling bleeding during surgical procedures.
Absorbable sponge for surgical haemostasis applications.
Gelatin-based sponge to stop bleeding in various surgeries.
Handheld device for multiple sample breast biopsies.
Specialized haemostatic solution for veterinary use.
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Funding Insights of Ferrosan Medical Devices
Ferrosan Medical Devices has successfully raised a total of $325.03M across 4 strategic funding rounds. The most recent funding activity was a Unspecified round of $199.7 million completed in December 2022. 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Unspecified — $199.7M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Unspecified - Ferrosan Medical Devices | Valuation |
investors |
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| Apr, 2017 | Amount | Private Equity Round - Ferrosan Medical Devices | Valuation |
investors |
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| Jun, 2016 | Amount | Private Equity Round - Ferrosan Medical Devices | 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 |
Investors in Ferrosan Medical Devices
Ferrosan Medical Devices has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include ATP, Impilo and Altor. 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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Impilo is focused on healthcare investments in Nordic regions.
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Founded Year | Domain | Location | |
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Altor is engaged in private equity investments across multiple sectors.
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Founded Year | Domain | Location | |
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Life science companies are funded through venture capital investments.
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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 Ferrosan Medical Devices
| 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 - Ferrosan Medical Devices
| 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 |
Ferrosan Medical Devices Comparisons
Competitors of Ferrosan Medical Devices
| 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 Ferrosan Medical Devices
Frequently Asked Questions about Ferrosan Medical Devices
When was Ferrosan Medical Devices founded?
Ferrosan Medical Devices was founded in 1920 and raised its 1st funding round 85 years after it was founded.
Where is Ferrosan Medical Devices located?
Ferrosan Medical Devices is headquartered in Søborg, Denmark.
Who is the current CEO of Ferrosan Medical Devices?
Rasmus Hother le Fevre is the current CEO of Ferrosan Medical Devices.
Is Ferrosan Medical Devices a funded company?
Ferrosan Medical Devices is a funded company, having raised a total of $325.03M across 4 funding rounds to date. The company's 1st funding round was a Private Equity Round of $124.59M, raised on Jun 01, 2005.
How many employees does Ferrosan Medical Devices have?
As of Dec 31, 2024, the latest employee count at Ferrosan Medical Devices is 308.
What is the annual revenue of Ferrosan Medical Devices?
Annual revenue of Ferrosan Medical Devices is $122.17M as on Dec 31, 2023.
What does Ferrosan Medical Devices do?
Founded in 1920 and based in Soborg, Denmark, the company operates in the medical devices sector. Haemostatic products and biopsy devices are developed and manufactured, including absorbable gelatin sponges, haemostatic matrices, and handheld breast biopsy tools. A complete service range is provided, from product conception and development to production. All items are CE marked, FDA approved, and compliant with GMP regulations.
What products or services does Ferrosan Medical Devices offer?
Ferrosan Medical Devices offers SURGIFLO Haemostatic Matrix, SURGIFOAM Sponge, SPONGOSTAN Sponge, Breast Biopsy Device, and VETSPON.
Who are Ferrosan Medical Devices's investors?
Ferrosan Medical Devices has 5 investors. Key investors include ATP, Impilo, Altor, Lundbeck Foundation, and Kirk Kapital.
What is Ferrosan Medical Devices's valuation?
The valuation of Ferrosan Medical Devices is $85.87M as of Apr 2017.