About Palliare
Palliare is a company based in Galway (Ireland) founded in 2018.. Palliare has raised $8 million across 3 funding rounds from investors including European Union, Western Development Commission and Seroba Lifesciences. Palliare offers products and services including EVA15 Insufflator. Palliare operates in a competitive market with competitors including Mizuho OSI, NDSsi, SIDAM, Oakworks and Shenzhen Leimai Technology, among others.
- Headquarter Galway, Ireland
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Sectors
Healthcare
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8 M (USD)
in 3 rounds
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Latest Funding Round
$8 M (USD), Series A
Jun 28, 2021
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Investors
European Union
& 2 more
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Employee Count
Employee Count
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Products & Services of Palliare
Palliare offers a comprehensive portfolio of products and services, including EVA15 Insufflator. 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.
Delivers hands-free pressure control for laparoscopic and endoscopic surgeries.
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Funding Insights of Palliare
Palliare has successfully raised a total of $8M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $8 million completed in June 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 3
- Last Round Series A — $8.0M
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First Round
First Round
(01 Nov 2020)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series A - Palliare | Valuation | Seroba Life Sciences | |
| Jan, 2021 | Amount | Grant - Palliare | Valuation |
investors |
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| Nov, 2020 | Amount | Grant - Palliare | 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 Palliare
Palliare has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, Western Development Commission and Seroba Lifesciences. 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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Private equity & debt fund investing in multiple sectors
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Founded Year | Domain | Location | |
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Seroba Lifesciences is focused on life sciences venture capital investments.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Palliare
| 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 - Palliare
| 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 |
Palliare Comparisons
Competitors of Palliare
Palliare 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 Mizuho OSI, NDSsi, SIDAM, Oakworks and Shenzhen Leimai Technology, 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 |
Surgical tables and consumables are developed by Mizuho OSI.
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| domain | founded_year | HQ Location |
Manufacturer of LCD surgical displays, wireless imaging medical devices for operating room
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| domain | founded_year | HQ Location |
Infusion systems and medical devices for hospitals are manufactured.
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| domain | founded_year | HQ Location |
Produces ergonomic tables for medical imaging, therapy, spa, and massage applications.
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| domain | founded_year | HQ Location |
Photodynamic therapy equipment is developed for cancer diagnosis and treatment.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Palliare
Frequently Asked Questions about Palliare
When was Palliare founded?
Palliare was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Palliare located?
Palliare is headquartered in Galway, Ireland.
Is Palliare a funded company?
Palliare is a funded company, having raised a total of $8M across 3 funding rounds to date. The company's 1st funding round was a Grant of $1.08M, raised on Nov 01, 2020.
What does Palliare do?
Palliare was founded in 2018 in Galway, Ireland, within the medical device sector. Surgical smoke evacuation systems are produced to address chemicals, substances, and carcinogens in operating rooms. The EVA Insufflator, a pedal-activated endoscopic device, employs a two-stage charcoal filter for removal of surgical smoke. Connection to operating room scavenging systems is facilitated for integration. Operations focus on filtration technology for endoscopic procedures.
Who are the top competitors of Palliare?
Palliare's top competitors include Mizuho OSI, NDSsi and MezLight.
What products or services does Palliare offer?
Palliare offers EVA15 Insufflator.
Who are Palliare's investors?
Palliare has 3 investors. Key investors include European Union, Western Development Commission, and Seroba Lifesciences.