About Grundium
Grundium is a company based in Tampere (Finland) founded in 2015 was acquired by EW Healthcare Partners in May 2022.. Grundium has raised $2.37 million across 3 funding rounds from investors including European Union, EIC Fund and Ascend Capital Partners. Grundium offers products and services including Ocus® 20, Ocus® 40, and Ocus® M 40. Grundium operates in a competitive market with competitors including Akoya Biosciences, Scopio Labs, PreciPoint, Morphle and Optra SCAN, among others.
- Headquarter Tampere, Finland
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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
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- Legal Name Grundium Oy
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.37 M (USD)
in 3 rounds
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Latest Funding Round
$56.24 K (USD), Grant
Jun 30, 2020
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Investors
European Union
& 3 more
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Employee Count
Employee Count
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Acquired by
EW Healthcare Partners
(May 05, 2022)
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Products & Services of Grundium
Grundium offers a comprehensive portfolio of products and services, including Ocus® 20, Ocus® 40, and Ocus® M 40. 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.
Provides fast scanning at 20x for histology workflows.
Offers high-resolution imaging at 40x for cytology applications.
Enables multi-slide scanning with 40x magnification for high-volume needs.
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Funding Insights of Grundium
Grundium has successfully raised a total of $2.37M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $56.24 thousand completed in June 2020. 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 3
- Last Round Grant — $56,236
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First Round
First Round
(01 Dec 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2020 | Amount | Grant - Grundium | Valuation |
investors |
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| Jul, 2018 | Amount | Grant - Grundium | Valuation |
investors |
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| Dec, 2017 | Amount | Series A - Grundium | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Grundium
Grundium has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, EIC Fund and Ascend Capital Partners. 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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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Capital is invested in early-stage disruptors for global ventures.
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Founded Year | Domain | Location | |
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Growth-stage healthcare companies are invested in by EW Healthcare Partners.
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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 Grundium
| 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 - Grundium
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Grundium Comparisons
Competitors of Grundium
Grundium 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 Akoya Biosciences, Scopio Labs, PreciPoint, Morphle and Optra SCAN, 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 |
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| domain | founded_year | HQ Location |
Provider of solutions for rapid proteomic profiling
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| domain | founded_year | HQ Location |
Provider of computational imaging-based digital microscopes & image analysis tools
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| domain | founded_year | HQ Location |
Digital microscopes and micro-positioning systems are developed.
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| domain | founded_year | HQ Location |
Provider of robotic microtomes and digital pathology scanners. These devices automate tissue processing and slide scanning for anatomical pathology, dermatopathology, and hematology. The scanners offer high-resolution imaging and integrated workflows, facilitating efficient digital microscopy and telepathology applications. Various models cater to different throughput needs, from single-slide to high-volume batch processing. The company also offers AI-powered requisition data entry solutions.
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| domain | founded_year | HQ Location |
Integrated digital pathology solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Grundium
Frequently Asked Questions about Grundium
When was Grundium founded?
Grundium was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Grundium located?
Grundium is headquartered in Tampere, Finland.
Who is the current CEO of Grundium?
Mika Kuisma is the current CEO of Grundium.
Is Grundium a funded company?
Grundium is a funded company, having raised a total of $2.37M across 3 funding rounds to date. The company's 1st funding round was a Series A of $2.37M, raised on Dec 01, 2017.
What does Grundium do?
The company was founded in 2015 in Tampere, Finland, and operates within the medical devices sector, specializing in digital pathology tools. A flagship product, the Ocus microscope, is offered as a portable solution with automated X and Y stages, Z-focus capabilities, and high resolution imaging. Telepathology applications are supported through these devices, facilitating remote medical analysis in research settings.
Who are the top competitors of Grundium?
Grundium's top competitors include Akoya Biosciences, Optra SCAN and Scopio Labs.
What products or services does Grundium offer?
Grundium offers Ocus® 20, Ocus® 40, and Ocus® M 40.
Who are Grundium's investors?
Grundium has 4 investors. Key investors include European Union, EIC Fund, Ascend Capital Partners, and EW Healthcare Partners.