About Piomic
Piomic is a company based in Zurich (Switzerland) founded in 2016 by Jurg Frohlich, Christopher Hertz, Jari Kruth, and Marc Augsburger.. Piomic has raised $7.83 million across 3 funding rounds from investors including Zurcher Kantonalbank, European Union and Diabetes Venture Fund. Piomic operates in a competitive market with competitors including Sky Medical Technology, Celleration, Intelligent Implants, Vomaris Innovations and Biofisica, among others.
- Headquarter Zurich, Switzerland
- Founders Jurg Frohlich, Christopher Hertz, Jari Kruth, Marc Augsburger
-
Sectors
Healthcare
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Piomic Medical Ag
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$7.83 M (USD)
in 3 rounds
-
Latest Funding Round
$7.83 M (USD), Series A
Jul 29, 2022
-
Investors
Zurcher Kantonalbank
& 4 more
-
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
Unlock access to complete
Unlock access to complete
Funding Insights of Piomic
Piomic has successfully raised a total of $7.83M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $7.83 million completed in July 2022. 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 — $7.8M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Series A - Piomic | Valuation | Swiss Diabetes Venture Fund | |
| Nov, 2019 | Amount | Grant - Piomic | Valuation |
investors |
|
| Apr, 2018 | Amount | Seed - Piomic | 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 Piomic
Piomic has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Zurcher Kantonalbank, European Union and Diabetes Venture 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 |
|---|---|---|---|---|
|
Investments are focused on diabetes technology startups worldwide.
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on science and tech-driven startups
|
Founded Year | Domain | Location | |
|
Commercial banking services are provided across Switzerland by Zurcher Kantonalbank.
|
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 Piomic
| 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 - Piomic
| 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 |
Piomic Comparisons
Competitors of Piomic
Piomic 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 Sky Medical Technology, Celleration, Intelligent Implants, Vomaris Innovations and Biofisica, 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 |
Electro-stimulation devices are manufactured for deep vein thrombosis treatment.
|
|
| domain | founded_year | HQ Location |
Ultrasound technology for wound healing is developed and marketed.
|
|
| domain | founded_year | HQ Location |
Develops smart implants to accelerate and monitor bone growth in orthopedics.
|
|
| domain | founded_year | HQ Location |
Bio-mimicking microcurrent technology is applied to wound healing.
|
|
| domain | founded_year | HQ Location |
Develops electrical stimulation devices to promote wound healing.
|
| 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 Piomic
Frequently Asked Questions about Piomic
When was Piomic founded?
Piomic was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Piomic located?
Piomic is headquartered in Zurich, Switzerland.
Who is the current CEO of Piomic?
Christopher Hertz is the current CEO of Piomic. They have also founded this company.
Is Piomic a funded company?
Piomic is a funded company, having raised a total of $7.83M across 3 funding rounds to date.
What does Piomic do?
Piomic was established in 2016 in Zurich, Switzerland, within the medical technology sector. Focus is placed on developing a non-invasive electroceutical device aimed at treating chronic wounds. The device is intended to support wound healing, manage pain and inflammation, and contribute to better clinical results. Operations center on electroceutical innovations for healthcare applications in Europe.
Who are the top competitors of Piomic?
Piomic's top competitors include Sky Medical Technology, BioElectronics Corporation and Celleration.
Who are Piomic's investors?
Piomic has 5 investors. Key investors include Zurcher Kantonalbank, European Union, Diabetes Venture Fund, Verve Ventures, and Nest Sammelstiftung.