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Friday, March 29, 2024

Swedish medtech Dropmed secures its second investment

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Järfälla-based marketplace platform Dropmed closed €384.5K (4.3MSEK) in its second round from new investors along with the existing ones. The investors include Diamond Head, deeply rooted in the medtech industry and led by Sting alumni Tommy Forsell, and Mainly AI, the artificial intelligence network building AI-driven applications, led by computer science professor Paul Petersson Fersman and Elena Fersman, a recently elected fellow of the Royal Swedish Academy of Engineering Sciences. Dropmed is Sweden’s first independent marketplace for medical equipment. They now aim to streamline the quickest to the most advanced purchases and build them into the platform through a guided user experience. They plan to triple Dropmed’s evaluation in a short time, announcing a third round in the spring.

“Caregivers’ purchasing processes and tools are under-digitalized and we aim to change that. Being independent, we have a unique position. We’re building the largest product portfolio available and aim at becoming the go-to place for finding what you need fast” – says Founder & CEO Sebastian Brieger.

In healthcare, purchasing is like a jungle. Masses of suppliers and hundreds of thousands of products. Just finding these products is a problem when 80 % of them are offline. Dropmed turns advanced, time-consuming purchasing processes into something simple and accessible, regardless of the caregiver’s organization size or purchasing experience.

“We at Curus see the need for a digital marketplace for Medtech products. The founders of Dropmed have shown that they have the ability to understand the market and test their way to a user-friendly platform. That’s why we step in and support them wholeheartedly” says Johan Bloom, CEO of the healthtech investment company Curus.


“At this stage, it is important that the entrepreneurs show progress, flexibility and the ability to connect important customers. The team has shown this ability” says former Microsoft pioneer and private investor Jan-Eric Ramberg.


“A problem, a unique solution, and a great team. Everything fits! It will be a lot of fun to follow along on Dropmed’s journey.” – says Tommy Forsell, Diamond Head.


“Dropmed offers an innovative marketplace for medical devices and products, boosting transparency, traceability and simplification in the healthcare ecosystem.” says Paul Pettersson, Mainly AI.

Click to read more funding news.

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Nurcin Metingil
Nurcin Metingil
A permanent student, a passionate first reader and nowadays doing master’s degree in Publishing Management. Beside these, I am up for games! I have been playing games since I was 6. Now, I am whispering "Business. Business. Numbers. Is this working?"

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