SastoMed

Georgsmarienhutte, Germany Founded: 2010 • Age: 16 yrs Acquired By Molnlycke Health Care
Manufacturer of glass ampoules, vials, and flip-off seals for pharmaceutical packaging

About SastoMed

SastoMed is a company based in Georgsmarienhutte (Germany) founded in 2010 by Michael Sander and Rene Strothmann was acquired by Molnlycke Health Care in July 2018.. The company has 69 employees as of December 31, 2020.

  • Headquarter Georgsmarienhutte, Germany
  • Employees 69 as on 31 Dec, 2020
  • Founders Michael Sander, Rene Strothmann
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Sanderstrothmann Gmbh
Operational Areas
Healthcare → Pharmaceuticals & Therapeutics
Key Metrics
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Funding Insights of SastoMed

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

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Feb, 2021 Amount Post-IPO - Grab Valuation

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Jan, 2021 Amount Post-IPO - Grab Valuation

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Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in SastoMed

SastoMed has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Molnlycke Health Care. 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.

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Institutional
Investor Description Founded Year Domain Location
Developer of wound care and surgical procedure solutions
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 SastoMed

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 - SastoMed

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

Sastomed Comparisons

Employees
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Competitors of SastoMed

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 Sastomed

Frequently Asked Questions about SastoMed

When was SastoMed founded?

SastoMed was founded in 2010.

Where is SastoMed located?

SastoMed is headquartered in Georgsmarienhutte, Germany. It is registered at Georgsmarienhutte, Lower Saxony, Germany.

Who is the current CEO of SastoMed?

Michael Sander is the current CEO of SastoMed. They have also founded this company.

How many employees does SastoMed have?

As of Dec 31, 2020, the latest employee count at SastoMed is 69.

What does SastoMed do?

Founded in 2010, SastoMed is based in Georgsmarienhütte, Germany, where primary packaging components such as glass ampoules, vials, and flip-off seals are produced for the pharmaceutical sector. These items are supplied to leading pharmaceutical and biotech firms. A related entity provides contract manufacturing for sterile small-volume parenteral products, supporting operations in the industry.

Who are SastoMed's investors?

SastoMed has 1 investor. Key investors include Molnlycke Health Care.

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