About Inion
Inion is a company based in Tampere (Finland) founded in 1999 was acquired by Naton in June 2010. It operates as a Direct-to-Consumer (D2C), and Professional Services. Inion has raised $15.02 million across 3 funding rounds from investors including CapMan, Business Finland and Naton. Inion offers products and services including Inion BioRestore™, Inion CPS™, and Inion FreedomScrew™. Inion operates in a competitive market with competitors including Globus Medical, RTI Surgical, Implanet, DJO Global and OMNILife Sciences, 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 Inion Oy
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Products & Services of Inion
Inion offers a comprehensive portfolio of products and services, including Inion BioRestore™, Inion CPS™, and Inion FreedomScrew™. 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.
Synthetic bone graft substitute used for bone regeneration.
Bioabsorbable fixation system applied in surgical procedures.
Bioabsorbable screw utilized for fracture fixation surgeries.
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Funding Insights of Inion
Inion has successfully raised a total of $15.02M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $2.35 million completed in August 2005. 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 — $2.3M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2005 | Amount | Grant - Inion | Valuation |
investors |
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| May, 2002 | Amount | Series B - Inion | Valuation | Healthcap , CapMan |
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| Jan, 2000 | Amount | Series A - Inion | 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 Inion
Inion has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include CapMan, Business Finland and Naton. 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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Diversified investment management firm
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Inion
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Inion
| 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 |
Inion Comparisons
Competitors of Inion
Inion 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 Globus Medical, RTI Surgical, Implanet, DJO Global and OMNILife Sciences, 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 |
Developer of minimally invasive products for musculoskeletal procedures
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Develops innovative technologies for spinal and orthopedic implants and instruments.
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Orthopedic implants are developed for spine, knee, and arthroscopy procedures.
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Orthopedic devices and pain management products are developed.
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Hip and knee orthopedic implants are engineered, manufactured, and distributed.
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Orthopedic implants and surgical instruments are manufactured for joint surgeries.
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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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On-demand services are booked through an app-based platform.
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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 Inion
Frequently Asked Questions about Inion
When was Inion founded?
Inion was founded in 1999 and raised its 1st funding round 1 year after it was founded.
Where is Inion located?
Inion is headquartered in Tampere, Finland.
Is Inion a funded company?
Inion is a funded company, having raised a total of $15.02M across 3 funding rounds to date.
What does Inion do?
Bioabsorbable and bioactive implants are developed and commercialized by Inion for applications in orthopaedics, sports medicine, craniomaxillofacial, spinal, and dental sectors. Solutions provided include screws, plates, pins, and bone graft substitutes, which are designed to leave no trace post-surgery. Over 300,000 surgeries worldwide have been supported with these clinically proven materials, backed by 20 years of clinical use and extensive scientific evidence.
Who are the top competitors of Inion?
Inion's top competitors include Globus Medical, ExacTech and Implanet.
What products or services does Inion offer?
Inion offers Inion BioRestore™, Inion CPS™, and Inion FreedomScrew™.
Who are Inion's investors?
Inion has 6 investors. Key investors include CapMan, Business Finland, Naton, Healthcap, and Pod Investment.