About PenMed
PenMed is a company based in Truro (United Kingdom) founded in 2018 by Simon Cooke and Seb Brown.. PenMed has raised $249.85 thousand across 1 funding round from investors including Cornwall & Isles of Scilly Investment Fund. PenMed offers products and services including P3. PenMed operates in a competitive market with competitors including Noccarc, OneBreath, Inbentus, Dipneo and Flight Medical, among others.
- Headquarter Truro, United Kingdom
- Founders Simon Cooke, Seb Brown
-
Sectors
Healthcare
-
Phone
*********
-
Website
*********
- Legal Name Peninsula Medical Technologies Ltd
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$249.85 K (USD)
in 1 rounds
-
Latest Funding Round
$249.85 K (USD), Seed
Apr 29, 2024
- Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of PenMed
PenMed offers a comprehensive portfolio of products and services, including P3. 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.
Modular device for improving efficiency and safety in critical care.
Funding Insights of PenMed
PenMed has successfully raised a total of $249.85K through 1 strategic funding round. The most recent funding activity was a Seed round of $249.85 thousand completed in April 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 Funding
- Total Rounds 1
- Last Round Seed — $249,854
-
First Round
First Round
(29 Apr 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Seed - PenMed | 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 PenMed
PenMed has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Cornwall & Isles of Scilly Investment 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Funding is provided to SMEs in Cornwall and Isles of Scilly.
|
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 PenMed
| 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 - PenMed
| 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 |
Penmed Comparisons
Competitors of PenMed
PenMed 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 Noccarc, OneBreath, Inbentus, Dipneo and Flight Medical, 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 |
Smart ventilators for respiratory care in ICUs are developed.
|
|
| domain | founded_year | HQ Location |
Portable mechanical ventilators for intensive care patients are developed.
|
|
| domain | founded_year | HQ Location |
Hospital medical equipment is developed for ICU applications.
|
|
| domain | founded_year | HQ Location |
Automatic resuscitation devices are developed for out-of-hospital cardiac arrests.
|
|
| domain | founded_year | HQ Location |
Portable life-supporting respiratory ventilators are manufactured for various care settings.
|
| 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.
|
Frequently Asked Questions about PenMed
When was PenMed founded?
PenMed was founded in 2018 and raised its 1st funding round 6 years after it was founded.
Where is PenMed located?
PenMed is headquartered in Truro, United Kingdom. It is registered at Truro, Cornwall, United Kingdom.
Is PenMed a funded company?
PenMed is a funded company, having raised a total of $249.85K across 1 funding round to date. The company's 1st funding round was a Seed of $249.85K, raised on Apr 29, 2024.
What does PenMed do?
PenMed was founded in 2018 in Truro, United Kingdom, within the medical technology sector. Critical care devices are developed by the company to support patient safety and outcomes in intensive care units. Operations focus on state-of-the-art technologies for the P3, a modular anaesthesia and ventilator system designed for efficiency in high-risk environments. The company is led by co-founders Simon Cooke and Seb Brown.
Who are the top competitors of PenMed?
What products or services does PenMed offer?
PenMed offers P3.
Who are PenMed's investors?
PenMed has 1 investor. Key investors include Cornwall & Isles of Scilly Investment Fund.