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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 4:12 AM Europe / Riga
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 216 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 86 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Pitch Deck
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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