Texray

Goteborg, Sweden Founded: 2020 • Age: 6 yrs
Manufacturer of radiation protection textile for clinical practitioners

About Texray

Texray is a company based in Goteborg (Sweden) founded in 2020.. Texray has raised $4.26 million across 2 funding rounds from investors including Industrifonden. Texray operates in a competitive market with competitors including Radiaction, ControlRad, Burlington Medical, BLOXR Solutions and Barrier Technologies, among others.

  • Headquarter Goteborg, Sweden
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Medical Devices & Diagnostics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4.26 M (USD)

    in 2 rounds

  • Latest Funding Round
    $4.26 M (USD), Series A

    Nov 21, 2023

  • Investors
  • Employee Count
    Employee Count
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People of Texray
Headcount 10-50
Employee Profiles 3
Employee Profiles
People
Shadi Ståhl
Product Development Director
People
Petra Apell
CEO

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Funding Insights of Texray

Texray has successfully raised a total of $4.26M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.26 million completed in November 2023. 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 Rounds 2
  • Last Round Series A — $4.3M
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2023 Amount Series A - Texray Valuation Industrifonden
Jul, 2021 Amount Seed - Texray 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 Texray

Texray has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Industrifonden. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Investments in deep-tech, life sciences, and transformative tech are managed.
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 Texray

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 - Texray

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

Texray Comparisons

Employees
+
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Competitors of Texray

Texray 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 Radiaction, ControlRad, Burlington Medical, BLOXR Solutions and Barrier Technologies, 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
Robotic radiation shielding systems are developed for interventional procedures.
domain founded_year HQ Location
Medical devices for interventional X-ray procedures are developed.
domain founded_year HQ Location
Radiation protection equipment for X-ray users is manufactured and supplied.
domain founded_year HQ Location
Manufacturer of radiation protection products
domain founded_year HQ Location
Barrier Technologies is recognized as a leading manufacturer of radiation protection products.
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 Texray

Frequently Asked Questions about Texray

When was Texray founded?

Texray was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Texray located?

Texray is headquartered in Goteborg, Sweden. It is registered at Goteborg, Vastra Gotaland, Sweden.

Is Texray a funded company?

Texray is a funded company, having raised a total of $4.26M across 2 funding rounds to date.

What does Texray do?

Texray manufacturer of radiation protection textile for clinical practitioners, focusing on life sciences, hospital equipment, occupational hazard prevention, radiation exposure, and prevention. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.

Who are the top competitors of Texray?

Texray's top competitors include Radiaction, ControlRad and Barrier Technologies.

Who are Texray's investors?

Texray has 1 investor. Key investors include Industrifonden.

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