About MED GRUPE
MED GRUPE is a Healthcare company based in Vilnius (Lithuania) founded in 2003, and was acquired by Straumann Group in February 2024. Dental implant systems and regenerative solutions are provided. The company has 8 employees. MED GRUPE offers products and services including Dental Implants and Regeneration Products. Its focus areas include Medical Device Distributors, Medical Equipment, Specialty Distributors and Dental. Its legal entity is UAB Straumann Lithuania.
Company details
MED GRUPE was founded in 2003 in Vilnius, Lithuania, and operates in the dental sector. A range of dental implant systems from various brands is supplied, along with regenerative products such as bone substitutes and membranes. Instruments and medical equipment for dental procedures are also offered. Support is provided through training programs, resources, an online store, and catalogs to assist dental professionals.
- Headquarters Vilnius, Lithuania
- Employees 8
- Stage Acquired
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website medgrupe.lt
- Social Facebook
- Acquired by Straumann Group (Feb 2024)
- Legal Name Uab Straumann Lithuania
- Annual Revenue$2.94 M (USD)19as on Dec 31, 2022
- Net Profit$304.89 K (USD)43as on Dec 31, 2022
- Latest Funding Round$291.04K (USD), Grant
Feb 2014
- InvestorsStraumann Group
& 1 more
- Employee Count8
- Acquired byStraumann Group
(Feb 2024)
Products & Services of MED GRUPE
MED GRUPE offers a comprehensive portfolio of products and services, including Dental Implants and Regeneration Products.
Dental implant systems are supplied for various applications in odontological practices
Regeneration products such as bone substitutes and membranes are offered for dental procedures
Funding Insights of MED GRUPE
- Total Rounds 1
- Last Round Grant — $291,036
- First Round $291,036
(Feb 2014)
- Investors Count 1
All 1 funding rounds of MED GRUPE with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2014 | $291,036 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in MED GRUPE
MED GRUPE has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Straumann Group and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Dental implants and regenerative dentistry products are developed. | 1954 | straumann.com | Basel, Switzerland |
Investor details for MED GRUPE
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of MED GRUPE
3 dated milestones of MED GRUPE across 21 years, from founding to its latest funding, stage changes and deals.
- Founded MED GRUPE is founded.
- Funding First funding round of $291K.
- Exit Acquired by Straumann Group.
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Frequently Asked Questions about MED GRUPE
MED GRUPE was founded in 2003 and raised its 1st funding round 11 years after it was founded.
MED GRUPE is headquartered in Vilnius, Lithuania.
MED GRUPE has 8 employees.
Annual revenue of MED GRUPE is $2.94M as on Dec 31, 2022.
MED GRUPE was founded in 2003 in Vilnius, Lithuania, and operates in the dental sector. A range of dental implant systems from various brands is supplied, along with regenerative products such as bone substitutes and membranes. Instruments and medical equipment for dental procedures are also offered. Support is provided through training programs, resources, an online store, and catalogs to assist dental professionals.
MED GRUPE offers Dental Implants and Regeneration Products.
MED GRUPE has 2 investors. Key investors include Straumann Group, and European Union.
MED GRUPE operates through Uab Straumann Lithuania.
Yes. MED GRUPE was acquired by Straumann Group in February 2024.