# Cerenion Oy: Medical devices, Oulu, Finland

> Cerenion Oy: Cerenion Oy is a medical device company based in Oulu, Finland, founded in 2017. Based in Oulu, Finland. Founded 2017.

Source: https://millionrounds.com/startup/cerenion-oy (Millionrounds; every figure on the page links to its filing or article)

Finland · [Medical devices startup](https://millionrounds.com/companies)

# Cerenion Oy

Cerenion Oy is a medical device company based in Oulu, Finland, founded in 2017.

Email

Funding reported Last round: Series A

Medical devices Oulu, Finland

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Company summary

- **Founded:** 2017 9 years old
- **Team:** 19 11 to 50 people
- **Funding reported:** 5.8M as listed, currency not stated
- **Last round:** Series A Apr 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Cerenion Oy has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Cerenion Oy

Cerenion Oy is a medical device company based in Oulu, Finland, founded in 2017.

The company specializes in AI-powered brain monitoring solutions tailored for acute healthcare and intensive care units (ICUs). Its primary product, C-Trend®, is an AI-assisted medical software that analyzes electroencephalography (EEG) data. This software integrates with standard EEG devices and patient monitors, providing real-time assessments of brain function to support clinical decision-making. Cerenion aims to make continuous EEG monitoring a standard practice in acute healthcare by simplifying complex brain data into clear metrics for medical professionals. The technology is clinically validated and patented, enhancing the quality and cost-effectiveness of intensive care. Cerenion serves medical professionals in critical care, particularly those managing patients recovering from cardiac arrest or at risk of seizures. The company holds over 20 patents and has raised approximately $7.27 million in funding to further develop its innovative brain monitoring technology.

## What company datasets say Cerenion Oy raised

Funding, as reported

Reported in all **5.8M** in the source's currency

Rounds **3**

Last round **Series A**

Last round size **4.8M**

Last round date **Apr 2022**

Investors listed **3**

## Founders and team

From Cerenion Oy's own website: 2 founders, 6 on the team.

**Dr. Eero Väyrynen** Co-founder, Chief Technology Officer

**Dr. Timo Koskela** Co-founder, Financial Director

- **Kiki DiNapoli** VP of Sales
- **Anssi Ylimaula** Member of the Board
- **Janne Laakso** Member of the Board
- **Jon Unnérus** Chairman of the Board
- **Sanna Hosio** Quality and Regulatory Affairs Director
- **Terho Hoskonen** Member of the Board

## On 2 portfolio pages

Investors who name them

- [Butterfly Ventures](https://millionrounds.com/fund/butterfly-venture)
- [Springvest Oyj](https://millionrounds.com/fund/springvest-oyj)

Each firm lists Cerenion Oy on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

health care digital health qeeg brain health assessment neuro monitoring medical equipment manufacturing information technology & services ce-marked quantitative eeg parameters neuroprognosis post-cardiac arrest eeg brain wave trends critical care technology delayed cerebral ischemia hospital & health care neurocritical care

Built with from their website

Yoast SEO Google Tag Manager WordPress.org Atlassian Font Awesome Elementor Viewport Meta Yoast Cloudflare Rocket Loader Wordpress

+8 more

Hello Elementor Microsoft Exchange Online jQuery Migrate Priority Hints imagesLoaded Microsoft Exchange Nginx Microsoft 365

- **Sector:** Medical devices
- **Industry code:** NAICS 339112, 513210, SIC 3829, 3841, 7372
- **Region:** Northern Ostrobothnia
- **Revenue:** 50k a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/cerenion)

## Medical devices in Finland

Startups like it

- [**Sooma Medical** Helsinki · founded 2013 *Raised*](https://millionrounds.com/company/sooma-medical)
- [**Evondos** Helsinki · founded 2008](https://millionrounds.com/startup/evondos)
- [**CardioSignal by Precordior** Turku · founded 2016](https://millionrounds.com/startup/cardiosignal-by-precordior)
- [**HVR Cardio Oy** Espoo · founded 2009](https://millionrounds.com/startup/hvr-cardio-oy)
- [**Onbone** Helsinki · founded 2008](https://millionrounds.com/startup/onbone)
- [**Surgify Medical Oy** Espoo · founded 2017](https://millionrounds.com/startup/surgify-medical-oy)
- [**Koite Health** Espoo · founded 2018](https://millionrounds.com/startup/koite-health)
- [**MVision AI** Helsinki · founded 2017](https://millionrounds.com/startup/mvision-ai)

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