Ginolis

Oulunsalo, Finland Founded: 2010 • Age: 16 yrs Acquired By CELLINK
Liquid handling and lab automation robots
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About Ginolis

Ginolis is a company based in Oulunsalo (Finland) founded in 2010 was acquired by CELLINK in February 2021.. Ginolis has raised $2.41 million across 4 funding rounds from investors including CELLINK, European Union and Verso Capital. Ginolis offers products and services including PMBi Dispensing Pump, Cecilia-L Dispenser, Ginolis LFDA-1, and Kaiku Data Collection Service. Ginolis operates in a competitive market with competitors including Opentrons, LabCyte, Tecan, Transcriptic and Andrew Alliance, among others.

  • Headquarter Oulunsalo, Finland
  • Sectors
    Healthcare
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ginolis Oy
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $2.41 M (USD)

    in 4 rounds

  • Latest Funding Round
    $571.61 K (USD), Grant

    Jan 01, 2019

  • Investors
    CELLINK

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    CELLINK

    (Feb 15, 2021)

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Products & Services of Ginolis

Ginolis offers a comprehensive portfolio of products and services, including PMBi Dispensing Pump, Cecilia-L Dispenser, Ginolis LFDA-1, and Kaiku Data Collection Service. 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.

Primary

High precision pump for non-contact liquid handling in manufacturing.

Automated dispenser for microfluidic device production processes.

Module for manufacturing lateral flow diagnostic tests efficiently.

Software for insights into manufacturing processes and optimization.

People of Ginolis
Headcount 10-50
Employee Profiles 10
Employee Profiles
People
Bennett Grothaus
Application Engineer
People
Kauko Väinämö
Chief Executive Officer
People
Juho Helminen
Chief Engineer
People
Henri Westman
Commissioning Engineer

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Funding Insights of Ginolis

Ginolis has successfully raised a total of $2.41M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $571.61 thousand completed in January 2019. 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 Rounds 4
  • Last Round Grant — $571,607
  • First Round

    (01 May 2015)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2019 Amount Grant - Ginolis Valuation

investors

Feb, 2017 Amount Series A - Ginolis Valuation Verso Capital
Sep, 2016 Amount Seed - Ginolis 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 Ginolis

Ginolis has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include CELLINK, European Union and Verso Capital. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Buyouts are targeted by this private equity firm.
Founded Year Domain Location
Springvest is recognized as a leading growth investment service in Finland.
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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 Ginolis

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

Financial Statements - Ginolis

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

Ginolis Comparisons

Employees
+
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Competitors of Ginolis

Ginolis 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 Opentrons, LabCyte, Tecan, Transcriptic and Andrew Alliance, 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
Pipetting robots for laboratory automation are developed.
domain founded_year HQ Location
Acoustic liquid handling is developed for life science research.
domain founded_year HQ Location
Automated laboratory instruments, robotics, and diagnostic solutions are provided.
domain founded_year HQ Location
Cloud-based robotic bio-lab services are delivered remotely for experiment execution.
domain founded_year HQ Location
Provider of automated liquid handling tools and software for scientific labs
domain founded_year HQ Location
Scalable robotic platforms are provided for microbiology lab automation.
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 Ginolis

Frequently Asked Questions about Ginolis

When was Ginolis founded?

Ginolis was founded in 2010 and raised its 1st funding round 5 years after it was founded.

Where is Ginolis located?

Ginolis is headquartered in Oulunsalo, Finland. It is registered at Oulunsalo, Northern Ostrobothnia, Finland.

Is Ginolis a funded company?

Ginolis is a funded company, having raised a total of $2.41M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.41M, raised on May 01, 2015.

What does Ginolis do?

Ginolis was established in 2010 in Oulunsalo, Finland, focusing on the life sciences and healthcare sectors. Liquid handling robots are produced for laboratory applications, enabling tasks including micro assembly, lateral flow device assembly, quality control, and automation design. The Delilah platform serves as a versatile system for diagnostic test manufacturing and lab processes, functioning independently or within integrated robotic setups. Operations center on enhancing efficiency in research and production environments.

Who are the top competitors of Ginolis?

Ginolis's top competitors include Opentrons, Tecan and Andrew Alliance.

What products or services does Ginolis offer?

Ginolis offers PMBi Dispensing Pump, Cecilia-L Dispenser, Ginolis LFDA-1, and Kaiku Data Collection Service.

Who are Ginolis's investors?

Ginolis has 4 investors. Key investors include CELLINK, European Union, Verso Capital, and Springvest.

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