Erik Gatenholm, co-founder of biotech startup CELLINK, discusses sales figures for their desktop 3D bioprinter with Nathan Latka.
0:00 / 0:02exact quote · 2.1s
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“We have sold about 40 so far.”
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More from Erik Gatenholm
PredictionDidn’t hold up
CELLINK projects $4 million in total revenue for 2016
“Total 20 16 revenue, we're going to come up to approximately four four million dollars.”
Erik GatenholmApr 18, 2016▶ 15:55He 3D Prints Body Parts And Will Do $4m in 2016 with Erik Gatenholm of CellInk EP 241
Insight
Gatenholm: Swedish Series A rounds can be as small as $500,000
“A Swedish round a could be basically 500,000 dollars.”
Erik GatenholmApr 18, 2016▶ 9:24He 3D Prints Body Parts And Will Do $4m in 2016 with Erik Gatenholm of CellInk EP 241
Disclosure
CELLINK achieves roughly 82% margins on its bioprinters
“We have about 82% margins on them.”
Erik GatenholmApr 18, 2016▶ 15:11He 3D Prints Body Parts And Will Do $4m in 2016 with Erik Gatenholm of CellInk EP 241
Insight
Biotech startups scale through boards of Key Opinion Leaders
“And the KOLs is key opinion leaders. It's kind of a board and special board that you establish of key surgeons and doctors in your field. We're interested in implanting this into animals or into humans. So these are basically your go-to customers that you want…”
Erik GatenholmApr 18, 2016▶ 5:42He 3D Prints Body Parts And Will Do $4m in 2016 with Erik Gatenholm of CellInk EP 241
Disclosure
CELLINK is raising a $200,000 seed round
“We're raising about 200,000 dollars right now.”
Erik GatenholmApr 18, 2016▶ 9:55He 3D Prints Body Parts And Will Do $4m in 2016 with Erik Gatenholm of CellInk EP 241
AssertionNot checkable as stated
Gatenholm: Swedish convertible notes typically convert within 12 months
“But it needs to be converted typically within 12 months.”
Erik GatenholmApr 18, 2016▶ 11:00He 3D Prints Body Parts And Will Do $4m in 2016 with Erik Gatenholm of CellInk EP 241
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