
Embla Medical
A leading global provider of innovative mobility solutions that help people live a Life Without Limitations.
Date | Investors | Amount | Round |
---|---|---|---|
* | €50.0m | Debt | |
Total Funding | 000k |
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The story begins in Iceland in 1971, with the founding of a company that would eventually become a global force in mobility solutions. At its core was a simple, yet powerful mission: to improve people's mobility and help them live a life without limitations. The founder, Össur Kristinsson, laid the groundwork for what was then known as Össur. The company focused on developing and distributing non-invasive orthopedics, including prosthetics, braces, and supports. Over the decades, it grew by methodically expanding its expertise and product lines. A key part of its strategy involved acquiring other innovative companies to broaden its portfolio. This included bringing specialized brands like FIOR & GENTZ, a developer of neuro orthotics, and College Park, a creator of custom prosthetics, into its fold. A pivotal moment in the company's journey occurred in early 2024 when it established a new parent organization: Embla Medical. This wasn't an acquisition but a strategic evolution; the original company, Össur hf., was renamed Embla Medical hf. to better reflect its expanded family of brands serving a wide range of patient needs. The name, drawn from Nordic mythology, symbolizes new life, movement, and freedom. This change solidified its structure, with Embla Medical as the publicly-listed entity on the NASDAQ Copenhagen Stock Exchange, overseeing its distinct brands.
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Investments by Embla Medical
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