About Medicortex Finland
Medicortex Finland is a company based in Turku (Finland) founded in 2014.. Medicortex Finland has raised $581.79 thousand across 5 funding rounds from investors including European Union, Business Finland and Dividend Sweden. Medicortex Finland offers products and services including TBI Diagnostic Kit and Biomarker R&D Program. Medicortex Finland operates in a competitive market with competitors including Banyan Biomarkers, NeuroChaos Solutions, Saccadous, Silver Medical and GLIA Diagnostics, among others.
- Headquarter Turku, Finland
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Sectors
Healthcare
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Phone
*********
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Website
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Social
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- Legal Name Medicortex Finland Oyj
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$581.79 K (USD)
in 5 rounds
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Latest Funding Round
$581.79 K (USD), Seed
Aug 09, 2021
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Investors
European Union
& 4 more
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Employee Count
Employee Count
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Products & Services of Medicortex Finland
Medicortex Finland offers a comprehensive portfolio of products and services, including TBI Diagnostic Kit and Biomarker R&D Program. 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.
Tool for detecting and assessing Traumatic Brain Injury severity.
Develops biomarkers for Traumatic Brain Injury diagnosis.
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Funding Insights of Medicortex Finland
Medicortex Finland has successfully raised a total of $581.79K across 5 strategic funding rounds. The most recent funding activity was a Seed round of $581.79 thousand completed in August 2021. 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 5
- Last Round Seed — $581,786
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First Round
First Round
(18 Feb 2016)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Seed - Medicortex Finland | Valuation | Dividend Sweden |
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| Mar, 2021 | Amount | Grant - Medicortex Finland | Valuation |
investors |
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| Feb, 2019 | Amount | Grant - Medicortex Finland | 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 Medicortex Finland
Medicortex Finland has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, Business Finland and Dividend Sweden. 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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Working capital loans are provided to businesses by Dividend Sweden.
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Founded Year | Domain | Location | |
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Innovation, internationalization, and investment support for businesses is provided.
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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 Medicortex Finland
| 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 - Medicortex Finland
| 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 |
Medicortex Finland Comparisons
Competitors of Medicortex Finland
Medicortex Finland 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 Banyan Biomarkers, NeuroChaos Solutions, Saccadous, Silver Medical and GLIA Diagnostics, 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 |
Develops blood tests for diagnosing traumatic brain injury, advancing medical diagnostics and patient care.
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| domain | founded_year | HQ Location |
Ultrasound diagnostics for traumatic brain injuries are provided.
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| domain | founded_year | HQ Location |
Neural disorders are diagnosed and tracked via SaaS eye-movement platform.
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| domain | founded_year | HQ Location |
Point-of-care diagnostic solutions are developed for sports medicine.
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| domain | founded_year | HQ Location |
Diagnostic and prognostic tools for brain injuries are manufactured.
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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 Medicortex Finland
Frequently Asked Questions about Medicortex Finland
When was Medicortex Finland founded?
Medicortex Finland was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Medicortex Finland located?
Medicortex Finland is headquartered in Turku, Finland. It is registered at Turku, Varsinais-suomi, Finland.
Is Medicortex Finland a funded company?
Medicortex Finland is a funded company, having raised a total of $581.79K across 5 funding rounds to date. The company's 1st funding round was a Grant of $56.9K, raised on Feb 18, 2016.
What does Medicortex Finland do?
Medicortex Finland was founded in 2014 in Turku, Finland, within the biotechnology sector focused on neurodegenerative diseases. Biomarkers are provided for diagnosing and assessing the severity of brain injuries. Drugs are being developed to halt neuronal degradation resulting from traumatic brain injury or stroke. Operations center on advancing diagnostic accuracy and therapeutic interventions for neurological conditions.
Who are the top competitors of Medicortex Finland?
Medicortex Finland's top competitors include NoMo Diagnostics, NeuroChaos Solutions and GLIA Diagnostics.
What products or services does Medicortex Finland offer?
Medicortex Finland offers TBI Diagnostic Kit and Biomarker R&D Program.
Who are Medicortex Finland's investors?
Medicortex Finland has 5 investors. Key investors include European Union, Business Finland, Dividend Sweden, EIC Fund, and Runar Backstromin Saatio.