Mircod

Mircod is a developer of equipment for the Internet of Things, devices for remote health monitoring (Evimate), biotechnology equipment (Mircod Biotech) for cell and gene therapy and automation of complex medical and pharmaceutical laboratories. Among the products of the company are pulse oximeters, biosensors, electronic thermometers for continuous temperature measurement with wireless data transmission.

Mircod also provides comprehensive prototyping of IoT products from initial drawings to mass production in all possible applications of the IoT.

History

2021: "ВЭБ.РФ" bought a stake in Mircod

At the end of December 2021, it became known about the investment of 400 million rubles in Mircod. VEB Ventures venture fund (investment structure "ВЭБ.РФ") invested in the developer of biotechnology equipment. The startup will spend the funds raised on increasing the staff of developers, as well as on strengthening positions in Western markets. The assessment of Mircod according to the results of financing is not indicated.

ВЭБ.РФ acquired a stake in Mircod

The project team also plans to launch a platform for automating the development process, which both large technology companies and ordinary users with and without experience will be able to use.

Within five years, this investment can bring multiple profits, which will be provided by the dynamic growth of the IoT market segments (from 20 to 30% per year) on which the company operates, according to the fund.

In addition to the financial component of the transaction, a big plus for us is the expertise of VEB Ventures, in which we see a strategic partner. As a result of synergy, we expect to get a significant effect, as a result of which both sides will be able to achieve the desired result, "said Mikhail Feinstein, co-founder and CEO of Mircod.[1]

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