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    Small Medical Devices Company Investment Opportunity in Riga, Latvia

    Company has developed a home therapy device that improves the quality of men's sperm.
    This Business is on a Premium Plan
    Established 5-10 year(s)
    Employees 2 - 5
    Legal Entity Private Limited Company
    Reported Sales Nil
    Run Rate Sales USD 13 thousand
    EBITDA Margin Nil
    Industries Medical Devices
    Locations  Riga
    Local Time 11:28 PM Europe / Riga
    Listed By Business Owner / Director
    Status Active
    Overall Rating
    9.4 / 10
    Compare with industry
    Partial Stake Sale
    USD 210 thousand for 10.0% stake (Native Currency: EUR 200,000)
    Reason: To purchase assets required for production, CE mark and for marketing.
    Includes physical assets worth USD 85 thousand
    Name, Phone, Email
    Not disclosed
    Business Name
    Not disclosed
    User Verification
    Documents
    Pitch Deck
    Pitch Deck (3.5 MB)
    Registration Report
    Registration Report (204.9 KB)
    Business Overview

    - Newly established Riga based company that has developed a device which improves the quality of men's sperm.

    - We have several prototypes ready and have treated a few patients in our office.

    - Have completed a pilot study with Riga Stradins University.

    - We are in contact with the Association of Gynecologists of Latvia, who would recommend our device to couples if pure sperm quality in a partner is playing a role.

    - We have our first ever sales to local fertility clinics.

    - Once everything is ready, we will outsource our product manufacturing to HansaMatrix for mass production.

    Products & Services Overview

    Patent protected device for improving sperm quality and increasing testosterone level.

    Assets Overview

    Patent, design pattern, TM, MVP, production files, website, domain, license and office equipment.

    Facilities Overview

    Rented office which is of 114 sq mt.

    Capitalization Overview
    Not Disclosed
    Recent Activity
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    Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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