Finland · Medical Device

Nexstim

Nexstim is a medical device company that specializes in image-guided transcranial magnetic stimulation.

Public · FRA:5NXFor profit

Medical DeviceHelsinki, Finland

Why reach out now

What the record says about Nexstim as a customer or partner.

Against its peers

Set against 62 Medical Device companies in Finland. The ring marks the typical peer.

LinkedIn followers6k#5 of 61; the typical peer has 612
Staff11-50The typical size for its peers
Founded20002 years before the typical peer (2002)
Website traffic#3.6MBusier than the typical peer's site (#4.9M)

Across all 5.9M companies: larger than 33% of those with a size listed; older than 40% of those with a founding year; website ranked #3,619,863 in the world, about 4k visits a month. 54 people list it on LinkedIn, and 5,710 follow it.

About Nexstim

Nexstim is a Finnish, globally operating medical technology company. Founded in 2000 in Helsinki, Finland, Nexstim is committed to improving the quality of life of patients with significant unmet clinical needs. Our mission is to enable personalized and effective therapies and diagnostics for challenging brain diseases and disorders. Nexstim has developed a world-leading non-invasive brain stimulation technology called SmartFocus®. It is a navigated transcranial magnetic stimulation (nTMS) technology with… Read all

Nexstim is a Finnish, globally operating medical technology company. Founded in 2000 in Helsinki, Finland, Nexstim is committed to improving the quality of life of patients with significant unmet clinical needs. Our mission is to enable personalized and effective therapies and diagnostics for challenging brain diseases and disorders. Nexstim has developed a world-leading non-invasive brain stimulation technology called SmartFocus®. It is a navigated transcranial magnetic stimulation (nTMS) technology with highly sophisticated 3D navigation providing accurate and personalized targeting of the TMS to the specific area of the brain. SmartFocus® technology is used in Nexstim’s proprietary Navigated Brain Therapy (NBT®) system, which is FDA cleared for marketing and commercial distribution for the treatment of major depressive disorder (MDD) in the United States. In Europe, the NBT® system is CE marked for the treatment of major depression and chronic neuropathic pain. In addition, Nexstim is commercializing its SmartFocus® based Navigated Brain Stimulation (NBS) system for diagnostic applications. The NBS system is the only FDA cleared and CE marked navigated TMS system for pre-surgical mapping of the speech and motor cortices of the brain. Nexstim shares are listed on Nasdaq First North Growth Market Finland.

What it does

BiotechnologyHealth CareHealth DiagnosticsMedical DeviceTherapeuticsTMSnTMSBrain MappingTranscranial Magnetic Stimulation

Funding, as listed

What the source datasets report. We have not watched these rounds ourselves, and do not hold this company in the startups database.

$37M

raised in total across 7 rounds

Last raised Jun 2024, 2 years ago

Rounds
7
Latest round
Post ipo debt
Latest amount
$1.6M
Investors
84 leading

Key facts

Who started it and how it trades.

Founded by
Markku Lahdenpaa, Pekka Puolakka, Risto Ilmoniemi

Every detail we hold

Everything the source datasets list about Nexstim, field by field. Contact details are held but never shown.

The company8 fields

Name
Nexstim
Type
For profit
Status
Public · FRA:5NX
Founded
2000
Founders
Markku Lahdenpaa, Pekka Puolakka, Risto Ilmoniemi
Industry
Medical Device
Categories
Biotechnology, Health Care, Health Diagnostics, Medical Device, Therapeutics
Specialities
TMS, nTMS, Brain Mapping, Transcranial Magnetic Stimulation

Where3 fields

City
Helsinki
Country
Finland
Markets
European Union (EU), Nordic Countries, Scandinavia, Europe, Middle East, and Africa (EMEA)

Size and reach5 fields

Staff band
11-50
People on LinkedIn
54
LinkedIn followers
5,710
Web traffic rank
#3,619,863
Monthly web visits
3,504
Show 11 more fieldsShow fewer fields

Funding, as listed9 fields

Total
$37,396,332 USD
Rounds
7
Latest round
Post ipo debt
Latest round date
Jun 2024
Latest amount
1,606,140 USD
Investors
8
Lead investors
4
Stock listing
FRA:5NX
Listing status
public

About this record2 fields

Sources
Crunchbase, LinkedIn
Last imported
Sept 2026

Growth, as the source summarises it

Nexstim may be growing as indicated by several news articles highlighting its expansion and financial activities. The company has been recognized as a major player in the transcranial magnetic stimulator market, which suggests a strong market presence and potential for increased revenue. Additionally, the company has received a new order for its NBS 6 therapy system in the United States, expanding its user community and potentially increasing its sales and market share. Furthermore, the company's stock is reported to be on the rise in the Helsinki stock exchange, which could reflect investor confidence and a positive financial outlook.

Companies like Nexstim

Medical Device in Finland.

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