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Nexstim
Biotech & Life Sciences · Helsinki, Finland · Founded 2000 · IPO 2014
Nexstim is a medical device company developing “NBS”–a noninvasive, image-guided TMS for brain diagnostics and therapy. MoreLess
Nexstim Plc is a medical technology company specializing in non-invasive brain stimulation (TMS) technology. The company operates primarily in the healthcare sector, serving neurosurgeons and medical professionals who require precise and reliable brain imaging and stimulation solutions. Nexstim's core product is its FDA-cleared TMS technology, which uses advanced 3D imaging to accurately target the electric field (E field) in the brain, providing drug-free therapy for various neurological conditions. The technology is based on decades of scientific research and is designed to offer unmatched accuracy and precision, making it a valuable tool for neurosurgeons and clinicians.
Nexstim generates revenue through the sale of its TMS systems, as well as through service contracts and system upgrades. The company has a strong presence in Europe, with recent orders from Germany and Sweden, and is expanding its market reach globally. Nexstim's business model focuses on continuous innovation and improvement of its technology to meet the evolving needs of the medical community.
The company also engages in research and development to explore new applications for its TMS technology, including risk stratification for patients with functionally eloquent tumors. Nexstim's management team, led by CEO Mikko Karvinen and CFO Joonas Juokslahti, is committed to driving growth and enhancing shareholder value through strategic initiatives and operational excellence.
Keywords: TMS technology, 3D imaging, brain therapy, neurosurgeons, FDA-cleared, non-invasive, drug-free, medical technology, risk stratification, healthcare.
Company overview
Nexstim company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2000
- Headquarters
- Helsinki, Finland
- Employees
- 59
- Open positions
- None listed
- Dealroom signal
- 78.7
Valuation & funding
Nexstim funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| POST IPO EQUITY✓Other financing | May 2026 | $4.2M | — | Brainlab · Eiffel Investment Group | ↗ |
| POST IPO CONVERTIBLE✓Other financing | Jun 2024 | $825K | — | Undisclosed | ↗ |
| POST IPO EQUITY✓Other financing | Jun 2018 | $1.1M | — | Capricorn Partners | — |
| POST IPO EQUITY✓Other financing | Oct 2017 | $1.9M | — | Undisclosed | — |
| IPO✓Exit | Nov 2014 | $17M | $50M | Undisclosed | — |
| EARLY VC✓Equity / VC | May 2011 | Capricorn Partners | — | ||
| EARLY VC✓Equity / VC | Jan 2011 | Lundbeckfonden · Lundbeckfonden Ventures · EQT Life Sciences | — | ||
| EARLY VC✓Equity / VC | Sep 2007 | Tesi · EQT Life Sciences · HealthCap | — |
Financials
Revenue, earnings and profit over time
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Growth signals
Nexstim website traffic
Latest recorded traffic for Nexstim is 6.3K monthly website visits, up 28.6% over the last three months. Nexstim's team grew 7.3% over the past year.
Hiring
Open positions at Nexstim
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Comparisons
Nexstim compared with similar companies
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Talent graph
Nexstim's talent
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Investors
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Global footprint
Where Nexstim has talent and traffic
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In the news
Latest news about Nexstim
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Market sentiment
What the market is saying about Nexstim
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