Tech Company Financing Transactions
Bioretec Funding Round
On 9/7/2023, Bioretec landed $1 million in funding from Business Finland.
Transaction Overview
Company Name
Announced On
9/7/2023
Transaction Type
Venture Equity
Amount
$1,039,000
Round
Undisclosed
Investors
Business Finland (Lead Investor)
Proceeds Purpose
The primary focus revolves around the development of coatings for RemeOs� magnesium alloys. This innovation aims to enhance the ability to control and direct degradation processes, consequently also broadening the scope of indications for RemeOs� products.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
Yrittäjänkulma 5
Tampere, 33710
FI
Tampere, 33710
FI
Phone
Website
Email Address
Overview
Bioretec Ltd. is a medical device company focusing on the development of strong, safe and reliable bioabsorbable and bioresorbable implants for pediatric and adult orthopaedics. Our products are used worldwide, and we continue to further develop materials and products for load-bearing clinical applications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Timo Lehtonen
Chief Financial Officer
Johanna Salko
Chief Technical Officer
Kimmo Lahteenkorva
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