Medineering

Werneuchen, Germany Founded: 2014 • Age: 12 yrs Acquired By Brainlab
Modular robotic systems for minimally invasive head surgeries are developed.
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About Medineering

Medineering is a company based in Werneuchen (Germany) founded in 2014 was acquired by Brainlab in March 2019.. The company has 6 employees as of December 31, 2016. Medineering offers products and services including Cirq Robotic System, Cirq Arm System, and Cirq Robotic Alignment Module. Medineering operates in a competitive market with competitors including Brainlab, PROCEPT BioRobotics, Auris Health, Intuitive and Medical Microinstruments, among others.

  • Headquarter Werneuchen, Germany
  • Employees 6 as on 31 Dec, 2016
  • Sectors
    Healthcare
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Medineering Gmbh
Operational Areas
Healthcare → Medical Devices & Diagnostics
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $534.49 K (USD), Grant

    Jan 01, 2018

  • Investors
    Brainlab

    & 4 more

  • Employee Count
    6

    as on Dec 31, 2016

  • Acquired by
    Brainlab

    (Mar 20, 2019)

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Products & Services of Medineering

Medineering offers a comprehensive portfolio of products and services, including Cirq Robotic System, Cirq Arm System, and Cirq Robotic Alignment Module. 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

Modular system for precise surgical alignment and assistance in procedures.

Base module for holding instruments during complex spine and cranial surgeries.

Aligns to patient trajectories for accurate biopsy and electrode placement.

Funding Insights of Medineering

  • Total Funding
  • Total Rounds 3
  • Last Round Grant — $534,486
  • First Round
  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2018 Amount Grant - Medineering Valuation

investors

Nov, 2016 Amount Series A - Medineering Valuation

investors

Aug, 2014 Amount Seed - Medineering Valuation Born2Grow , Bayern Kapital
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 Medineering

Medineering has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Brainlab, European Union and Born2Grow. 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
-
Founded Year Domain Location
High-tech industries are targeted for investments by Bayern Kapital.
Founded Year Domain Location
Early-stage investments are made in high-tech startups by HTGF.
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 Medineering

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 - Medineering

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

Medineering Comparisons

Employees
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Competitors of Medineering

Medineering 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 Brainlab, PROCEPT BioRobotics, Auris Health, Intuitive and Medical Microinstruments, 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.

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Robotic waterjet system for prostate tissue removal is developed.
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Robotic-assisted surgical systems are developed for minimally invasive procedures.
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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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Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Medineering

Frequently Asked Questions about Medineering

When was Medineering founded?

Medineering was founded in 2014.

Where is Medineering located?

Medineering is headquartered in Werneuchen, Germany. It is registered at Werneuchen, Brandenburg, Germany.

How many employees does Medineering have?

As of Dec 31, 2016, the latest employee count at Medineering is 6.

What does Medineering do?

Medineering was founded in 2014 in Werneuchen, Germany. Modular robotic systems for minimally invasive head surgery are developed and integrated into surgical workplaces through quick fixation to OR-table rail systems. Ergonomic haptic feedback is provided via soft touch segments. A computer-integrated system with an internal communication bus is incorporated for data acquisition and processing. Initial sales of the systems began in 2015.

Who are the top competitors of Medineering?

Medineering's top competitors include Brainlab, PROCEPT BioRobotics and Auris Health.

What products or services does Medineering offer?

Medineering offers Cirq Robotic System, Cirq Arm System, and Cirq Robotic Alignment Module.

Who are Medineering's investors?

Medineering has 5 investors. Key investors include Brainlab, European Union, Born2Grow, Bayern Kapital, and High-Tech Gründerfonds.

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