Oncovision

Boston, United States Founded: 2003 • Age: 23 yrs Acquired By Bruker
Diagnostic imaging devices for oncology are manufactured and provided.
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About Oncovision

Oncovision is a company based in Boston (United States) founded in 2003 by Noriel Pavon was acquired by Bruker in September 2016.. Oncovision has raised $3.84 million across 9 funding rounds from investors including Bruker, European Union and EIC Fund. Oncovision offers products and services including Mammi, Sentinella, Wprobe, and Caremibrain. Oncovision operates in a competitive market with competitors including Siemens Healthineers, Vayyar, Olympus, Niramai and Lantheus, among others.

  • Headquarter Boston, United States
  • Founders Noriel Pavon
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Oncovision, Inc.
Operational Areas
Healthcare → Medical Devices & Diagnostics
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3.84 M (USD)

    in 9 rounds

  • Latest Funding Round
    $337.8 K (USD), Grant

    Sep 01, 2023

  • Investors
    Bruker

    & 5 more

  • Employee Count
    Employee Count
  • Acquired by
    Bruker

    (Sep 07, 2016)

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Products & Services of Oncovision

Oncovision offers a comprehensive portfolio of products and services, including Mammi, Sentinella, Wprobe, and Caremibrain. 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

Provides precise imaging for breast cancer detection and diagnosis.

Assists in locating sentinel lymph nodes during cancer procedures.

Enables accurate detection for practical medical imaging applications.

Supports diagnosis and monitoring of Alzheimer's disease effectively.

Funding Insights of Oncovision

Oncovision has successfully raised a total of $3.84M across 9 strategic funding rounds. The most recent funding activity was a Grant round of $337.8 thousand completed in September 2023. 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 9
  • Last Round Grant — $337,799
  • First Round
  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2023 Amount Grant - Oncovision Valuation

investors

May, 2019 Amount Grant - Oncovision Valuation

investors

Jun, 2016 Amount Grant - Oncovision 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 Oncovision

Oncovision has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Bruker, European Union and EIC Fund. 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
Government agency and accelerator focusing on innovative startups and SMEs
Founded Year Domain Location
A private venture capital firm focused on life sciences investments.
Founded Year Domain Location
ICO Axispart is engaged in providing financial solutions for businesses.
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 Oncovision

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 - Oncovision

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

Oncovision Comparisons

Employees
+
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Competitors of Oncovision

Oncovision 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 Siemens Healthineers, Vayyar, Olympus, Niramai and Lantheus, 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
AI-based medical diagnostics are developed for healthcare applications.
domain founded_year HQ Location
Developer of 4D imaging sensors for cancer detection and other devices
domain founded_year HQ Location
Manufacturer of imaging and surgical products
domain founded_year HQ Location
Early breast cancer is detected using AI-based non-invasive thermal imaging.
domain founded_year HQ Location
Developer of diagnostic imaging agents and targeted therapeutics
domain founded_year HQ Location
Developer of diagnostic imaging and healthcare information technology systems for hospital 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 Oncovision

Frequently Asked Questions about Oncovision

When was Oncovision founded?

Oncovision was founded in 2003 and raised its 1st funding round 3 years after it was founded.

Where is Oncovision located?

Oncovision is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Is Oncovision a funded company?

Oncovision is a funded company, having raised a total of $3.84M across 9 funding rounds to date. The company's 1st funding round was a Grant of $4.92M, raised on Jun 01, 2006.

What does Oncovision do?

Oncovision was founded in 2003 and is headquartered in Boston, United States. Medical and diagnostic devices focused on oncology imaging are produced by the company. Key product lines include the Sentinella intra-operative Gamma Camera and the MAMMI PET system, which enables visualization of small lesions and quantification of tumor activity in breast cancer diagnostics. Operations center on advancing oncology detection technologies.

Who are the top competitors of Oncovision?

Oncovision's top competitors include Olympus, Siemens Healthineers and United Imaging Healthcare.

What products or services does Oncovision offer?

Oncovision offers Mammi, Sentinella, Wprobe, and Caremibrain.

Who are Oncovision's investors?

Oncovision has 6 investors. Key investors include Bruker, European Union, EIC Fund, CRB Inverbio, and ICO Axispart.

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