Aran R&D Overview
Aran R&D is a pioneering Israeli product design and development firm founded in 1982, specializing in the plastics industry. The company's diverse expertise encompasses Defense and Homeland Security, Medical devices, Water, and Consumer and Industrial products.
With 180 employees, Aran provides comprehensive in-house product development and manufacturing services, streamlining the process from concept to prototype to full production, thereby achieving cost efficiencies and reducing time to market.
Furthermore, Aran serves as the exclusive representative and distributor in Israel for global leaders in the plastics industry, offering a range of products including injection molding machines, robotics and automation, injection molds, hot runner systems, and raw materials.
Notably, Aran initiates and invests in its own medical startups, focusing on Cardiovascular, Laparoscopy, and Gastrointestinal Endoscopy. The company's fully-integrated ISO 9001 certified facility includes R&D laboratories, design studios, an ISO 13485 certified class 7 cleanroom, additive manufacturing (3D printers), CNC Machining centers, manufacturing, and assembly halls.
The most recent funding, amounting to €2.71M, was secured through a grant investment from EASME - EU Executive Agency for SMEs on 01 May 2017.
Conclusion:Aran R&D's track record in product development and its strategic positioning as a distributor for global leaders in the plastics industry, along with its focus on investing in medical startups, make it an intriguing prospect for potential investors.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | €2.71M | 1 | EASME - EU Executive Agency for SMEs | 01 May 2017 |
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