NanoHive

Woburn, United States Founded: 2014 • Age: 12 yrs
Developer of spinal interbody fusion implants
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About NanoHive

NanoHive is a company based in Woburn (United States) founded in 2014 by Ian Helmar.. NanoHive has raised $7 million across 3 funding rounds from investors including Kenston Capital Partners. NanoHive offers products and services including Hive Standalone ALIF, Hive ALIF, and Hive Cervical. NanoHive operates in a competitive market with competitors including Spinal Simplicity, Aegis Spine, Genesys Spine, Xenix Medical and 3DMorphic, among others.

  • Headquarter Woburn, United States
  • Founders Ian Helmar
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Nanohive Medical
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $7 M (USD)

    in 3 rounds

  • Latest Funding Round
    $7 M (USD), Series C

    Aug 05, 2024

  • Investors
  • Employee Count
    Employee Count
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Products & Services of NanoHive

NanoHive offers a comprehensive portfolio of products and services, including Hive Standalone ALIF, Hive ALIF, and Hive Cervical. 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

Bioactive titanium device for anterior lumbar fusion surgery.

Energy-absorbing implant to enhance bone formation in lumbar procedures.

Titanium interbody for cervical spine fusion and stabilization.

Funding Insights of NanoHive

NanoHive has successfully raised a total of $7M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $7 million completed in August 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 Rounds 3
  • Last Round Series C — $7.0M
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2024 Amount Series C - NanoHive Valuation

investors

Dec, 2023 Amount Debt – Venture - NanoHive Valuation

investors

Apr, 2022 Amount Seed - NanoHive Valuation

investors

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 NanoHive

NanoHive has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Kenston Capital Partners. 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
Investor Description Founded Year Domain Location
Venture debt is provided by Kenston Capital Partners to early-stage technology and healthcare companies.
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 NanoHive

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 - NanoHive

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

Nanohive Comparisons

Employees
+
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Competitors of NanoHive

NanoHive 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 Spinal Simplicity, Aegis Spine, Genesys Spine, Xenix Medical and 3DMorphic, 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
Minimally invasive devices for spinal conditions are developed.
domain founded_year HQ Location
A distributor in the medical device industry
domain founded_year HQ Location
Medical devices for spinal fusion are developed by Genesys Spine.
domain founded_year HQ Location
Develops innovative medical devices for spinal fusion surgery procedures.
domain founded_year HQ Location
Developer of spinal fusion and fixation devices for human and veterinary use
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Nanohive

Frequently Asked Questions about NanoHive

When was NanoHive founded?

NanoHive was founded in 2014 and raised its 1st funding round 8 years after it was founded.

Where is NanoHive located?

NanoHive is headquartered in Woburn, United States. It is registered at Woburn, Massachusetts, United States.

Who is the current CEO of NanoHive?

Patrick O’Donnell is the current CEO of NanoHive.

Is NanoHive a funded company?

NanoHive is a funded company, having raised a total of $7M across 3 funding rounds to date.

What does NanoHive do?

NanoHive was founded in 2014 in Woburn, United States, and operates in the medical device sector. Proprietary biomimetic soft titanium technology is utilized to produce 3D printed spinal interbody fusion devices for surgical applications. The portfolio includes cervical implants, transforaminal lumbar interbody fusion (TLIF) implants, and anterior lumbar interbody fusion (ALIF) implants, supporting procedures in spinal surgery. Leadership is provided by Founder and CTO Ian Helmar and CEO Patrick ODonnell.

Who are the top competitors of NanoHive?

NanoHive's top competitors include Spinal Simplicity, Genesys Spine and Aegis Spine.

What products or services does NanoHive offer?

NanoHive offers Hive Standalone ALIF, Hive ALIF, and Hive Cervical.

Who are NanoHive's investors?

NanoHive has 1 investor. Key investors include Kenston Capital Partners.

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