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Karolinska Development's Portfolio Company Ossdsign Raises Sek 150 Million And Makes Strategic Move To Become A Pure Play Orthobiologics Company

PRIVATESep 27, 2023

Amount Raised

SEK150 Million

Round Type

Funding Round

UppsalaManufacturingBiotechnologyHealth CareMedicalMedical Device

Description

STOCKHOLM, SWEDEN, September 27, 2023. Karolinska Development AB (Nasdaq Stockholm: KDEV) announces that its portfolio company OssDsign successfully has completed a directed share issue to a value of approximately SEK 150 million. The net proceeds will be used to finance a strategic shift to fully focus its operations on the orthobiologic business in the U.S., in light of the extraordinary commercial performance of its high-margin nanosynthetic bone graft OssDsign Catalyst.

Quick answer

OssDsign raised SEK150 Million in a Funding Round round, dated September 27, 2023. OssDsign is based in Uppsala, Uppsala County, Sweden.

How much did OssDsign raise?
OssDsign raised SEK150 Million in a Funding Round round on September 27, 2023.
What does OssDsign do?
OssDsign is a developer and global provider of next generation orthobiologics products.
Where is OssDsign based and how big is it?
OssDsign is based in Uppsala, Uppsala County, Sweden. Fundz records about 44 employees.
Who are the decision-makers at OssDsign?
Fundz holds 1 contact at OssDsign. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Medical and Medical Device around the same time

Companies in the same sectors as OssDsign that raised within 45 days of this round, from Fundz verified event records.

  • SURGLASSES raised $6.5M (Funding Round) on November 9, 2023.
  • Planatome raised $6M on October 25, 2023.
  • VitaTek raised an undisclosed amount (Series A) on October 22, 2023.
  • ENvue Medical, Inc. raised $14M on August 30, 2023.
  • Inovedis raised an undisclosed amount (Series A) on October 5, 2023.
  • Microsure raised $40M (Funding Round) on October 4, 2023.

Who to call at OssDsign, and when

A new round usually means OssDsign is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day OssDsign raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at OssDsign, from your own LinkedIn network

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Company Information

Company

OssDsign

Location

Uppsala, Uppsala County, Sweden

About

OssDsign is a developer and global provider of next generation orthobiologics products. Based on cutting edge material science, the company develops and markets products that support the body's own healing capabilities, giving patients back the life they deserve.

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Fundz sees it the moment OssDsign raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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OssDsign raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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