About Somatex
Somatex is a company based in Berlin (Germany) founded in 1992 was acquired by Hologic in January 2021.. Somatex offers products and services including Tissue Marking, Wire Localization, Biopsy, Pulmonary Interventions, and Fetal Therapy. Somatex operates in a competitive market with competitors including Vayyar, Hyperfine, Niramai, Openwater and Promaxo, among others.
- Headquarter Berlin, Germany
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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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- Legal Name Somatex Medical Technologies Gmbh
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Products & Services of Somatex
Somatex offers a comprehensive portfolio of products and services, including Tissue Marking, Wire Localization, Biopsy, Pulmonary Interventions, and Fetal Therapy. 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.
Tools for marking tissues during medical procedures
System for precise wire-based localization in surgeries
Devices for tissue sampling and analysis in healthcare
Products for lung-related medical interventions
Equipment for fetal health monitoring and treatment
Funding Insights of Somatex
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Somatex
Somatex has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Hologic and Westlake Partners. 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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Diagnostic and surgical products for women's healthcare are provided.
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Westlake Partners is engaged in investment and growth strategies for companies.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Somatex
| 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 - Somatex
| 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 |
Somatex Comparisons
Competitors of Somatex
Somatex 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 Vayyar, Hyperfine, Niramai, Openwater and Promaxo, 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 |
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| domain | founded_year | HQ Location |
Developer of 4D imaging sensors for cancer detection and other devices
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Portable MRI systems are manufactured for medical professionals.
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| domain | founded_year | HQ Location |
Early breast cancer is detected using AI-based non-invasive thermal imaging.
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Provider of imaging technologies for medical diagnosis and treatments
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| domain | founded_year | HQ Location |
Portable MRI for prostate cancer screening is developed.
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| domain | founded_year | HQ Location |
Developer of a medical imaging device for the diagnosis of cardiac conditions
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Somatex
When was Somatex founded?
Somatex was founded in 1992.
Where is Somatex located?
Somatex is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
What does Somatex do?
Founded in 1992 and based in Berlin, Germany, Somatex operates in the medical devices sector. Instruments for breast care, soft tissue and bone marrow biopsies, radiation-free pulmonary interventions, fetal therapy, and assisted reproduction are developed and provided. Minimally invasive disposable products, including MRI-compatible options for surgeries and diagnostics, are offered. Specific solutions such as Tuflex for tumor localization and Broncho Cut Expert for biopsy retrieval are included in the portfolio.
Who are the top competitors of Somatex?
What products or services does Somatex offer?
Somatex offers Tissue Marking, Wire Localization, Biopsy, Pulmonary Interventions, and Fetal Therapy.
Who are Somatex's investors?
Somatex has 2 investors. Key investors include Hologic, and Westlake Partners.