About Loci Orthopaedics
Loci Orthopaedics is a company based in Galway (Ireland) founded in 2017 by Brendan Boland and Gerry Clarke.. Loci Orthopaedics has raised $23.06 million across 6 funding rounds from investors including KU Leuven, European Investment Bank and European Union. Loci Orthopaedics offers products and services including InDx Implant and OsteoAnchor. Loci Orthopaedics operates in a competitive market with competitors including Bioretec, IlluminOss Medical, Treace Medical Concepts, Wright Medical and Intellijoint, among others.
- Headquarter Galway, Ireland
- Founders Brendan Boland, Gerry Clarke
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$23.06 M (USD)
in 6 rounds
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Latest Funding Round
$13.94 M (USD), Series A
Jul 17, 2024
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Investors
KU Leuven
& 6 more
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Employee Count
Employee Count
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Products & Services of Loci Orthopaedics
Loci Orthopaedics offers a comprehensive portfolio of products and services, including InDx Implant and OsteoAnchor. 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.
Implant for treating thumb base joint issues in surgeries.
Technology for enhancing implant surfaces in orthopaedics.
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Funding Insights of Loci Orthopaedics
Loci Orthopaedics has successfully raised a total of $23.06M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $13.94 million completed in July 2024. 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 6
- Last Round Series A — $13.9M
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First Round
First Round
(07 Jul 2018)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series A - Loci Orthopaedics | Valuation | Seroba Lifesciences , Johnson & Johnson Innovation |
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| Nov, 2022 | Amount | Grant - Loci Orthopaedics | Valuation |
investors |
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| Mar, 2022 | Amount | Grant - Loci Orthopaedics | Valuation |
investors |
| 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 Loci Orthopaedics
Loci Orthopaedics has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include KU Leuven, European Investment Bank 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.
| 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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Finance and advisory services for infrastructure projects are provided.
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Founded Year | Domain | Location | |
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Seroba Lifesciences is focused on life sciences 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 Loci Orthopaedics
| 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 - Loci Orthopaedics
| 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 |
Loci Orthopaedics Comparisons
Competitors of Loci Orthopaedics
Loci Orthopaedics 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 Bioretec, IlluminOss Medical, Treace Medical Concepts, Wright Medical and Intellijoint, 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 |
Provider of bioabsorbable, bioactive and drug-releasing surgical implants
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| domain | founded_year | HQ Location |
Minimally invasive orthopedic systems for bone fracture stabilization are developed.
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| domain | founded_year | HQ Location |
Orthopedic foot and ankle correction systems are developed and offered.
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| domain | founded_year | HQ Location |
Orthopedic medical devices for upper and lower extremities are developed.
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| domain | founded_year | HQ Location |
Developer of 3D surgical navigation tools for hip and knee replacements
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| 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 Loci Orthopaedics
Frequently Asked Questions about Loci Orthopaedics
When was Loci Orthopaedics founded?
Loci Orthopaedics was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Loci Orthopaedics located?
Loci Orthopaedics is headquartered in Galway, Ireland.
Who is the current CEO of Loci Orthopaedics?
Brendan Boland is the current CEO of Loci Orthopaedics. They have also founded this company.
Is Loci Orthopaedics a funded company?
Loci Orthopaedics is a funded company, having raised a total of $23.06M across 6 funding rounds to date. The company's 1st funding round was a Grant of $2.68M, raised on Jul 07, 2018.
What does Loci Orthopaedics do?
Loci Orthopaedics was founded in 2017 in Galway, Ireland, within the orthopedics sector. A thumb implant named InDx has been developed for treating thumb base arthritis, where it is inserted at the thumb base to mimic joint motions and support daily hand activities. Operations focus on orthopedic solutions, and the national best business idea award was received in 2018.
Who are the top competitors of Loci Orthopaedics?
Loci Orthopaedics's top competitors include Treace Medical Concepts, Bioretec and Atreon Orthopedics.
What products or services does Loci Orthopaedics offer?
Loci Orthopaedics offers InDx Implant and OsteoAnchor.
Who are Loci Orthopaedics's investors?
Loci Orthopaedics has 7 investors. Key investors include KU Leuven, European Investment Bank, European Union, EIC Fund, and University of Galway.