IBEX Innovations

Sedgefield, United Kingdom Founded: 2010 • Age: 16 yrs
X-ray imaging detector with back energy resolution to improve contrast and resolution
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About IBEX Innovations

IBEX Innovations is a company based in Sedgefield (United Kingdom) founded in 2010.. IBEX Innovations has raised $6.26 million across 7 funding rounds from investors including Mercia, IP Group and European Union. IBEX Innovations offers products and services including IBEX BH and Trueview®. IBEX Innovations operates in a competitive market with competitors including Nanox, Adaptix, IBA, Lumitron Technologies and OXOS Medical, among others.

  • Headquarter Sedgefield, United Kingdom
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ibex Innovations Ltd
  • Date of Incorporation 30 Mar, 2010
  • Jurisdiction STOCKTON-ON-TEES, ENGLAND
Operational Areas
Healthcare → Medical Devices & Diagnostics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $6.26 M (USD)

    in 7 rounds

  • Latest Funding Round
    $660.38 K (USD), Series A

    May 31, 2020

  • Investors
    Mercia

    & 3 more

  • Employee Count
    Employee Count
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Products & Services of IBEX Innovations

IBEX Innovations offers a comprehensive portfolio of products and services, including IBEX BH and Trueview®. 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

Analyzes X-ray images to detect osteoporosis and fracture risk.

Identifies low bone mass from single X-ray images for risk assessment.

People of IBEX Innovations
Headcount 10-50
Employee Profiles 2
Board Members and Advisors 1
Employee Profiles
People
Paul Scott
CEO
People
Kurt Scott
Operations Manager

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Teams

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Funding Insights of IBEX Innovations

IBEX Innovations has successfully raised a total of $6.26M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $660.38 thousand completed in May 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 Rounds 7
  • Last Round Series A — $660,377
  • First Round
  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2020 Amount Series A - IBEX Innovations Valuation Mercia , IP Group
Apr, 2019 Amount Series A - IBEX Innovations Valuation IP Group , Northstar Ventures
Nov, 2018 Amount Series A - IBEX Innovations Valuation IP Group , Mercia
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 IBEX Innovations

IBEX Innovations has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Mercia, IP Group and European Union. 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
Venture capital and advisory services are offered across multiple sectors.
Founded Year Domain Location
Early-stage investments are made in UK companies across diverse sectors.
Founded Year Domain Location
Investment management services are provided by Mercia to various clients.
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 IBEX Innovations

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 - IBEX Innovations

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

Ibex Innovations Comparisons

Employees
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Competitors of IBEX Innovations

IBEX Innovations 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, Adaptix, IBA, Lumitron Technologies and OXOS Medical, 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
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.
domain founded_year HQ Location
See-through x-ray imaging systems for medical applications are developed.
domain founded_year HQ Location
Orthopedic imaging devices and software are developed for surgical use.
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 Ibex Innovations

IBEX backed by £535k boost
Insidermedia5 years ago
Funding boost for X-ray technology developer
Machinery-Market7 years ago

Frequently Asked Questions about IBEX Innovations

When was IBEX Innovations founded?

IBEX Innovations was founded in 2010 and raised its 1st funding round 3 years after it was founded.

Where is IBEX Innovations located?

IBEX Innovations is headquartered in Sedgefield, United Kingdom. It is registered at Sedgefield, County Durham, United Kingdom.

Is IBEX Innovations a funded company?

IBEX Innovations is a funded company, having raised a total of $6.26M across 7 funding rounds to date. The company's 1st funding round was a Series A of $1.28M, raised on Apr 24, 2013.

What does IBEX Innovations do?

IBEX Innovations was founded in 2010 in Sedgefield, United Kingdom. Silicon-based X-ray imaging detectors are enhanced by the addition of back energy resolution, resulting in improved contrast and resolution over standard CMOS and flat panel detectors. These detectors are applied in medical diagnostics, food inspection, and industrial imaging sectors. Operations focus on detector equipping for these industries.

Who are the top competitors of IBEX Innovations?

IBEX Innovations's top competitors include Adaptix, Nanox and IBA.

What products or services does IBEX Innovations offer?

IBEX Innovations offers IBEX BH and Trueview®.

Who are IBEX Innovations's investors?

IBEX Innovations has 4 investors. Key investors include Mercia, IP Group, European Union, and Northstar Ventures.

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