When was Advanced Bionics founded?

Advanced Bionics was founded in 1993 and raised its 1st funding round 9 years after it was founded.

Where is Advanced Bionics located?

Advanced Bionics is headquartered in Valencia, United States. It is registered at Vaishnavi Sapphire, 9/36, Tumkur Road, Yeshwanthpur, Bangalore, Bengaluru, Karnataka, India, 560022.

How many employees does Advanced Bionics have?

As of Aug 31, 2026, the latest employee count at Advanced Bionics is 1135.

Is Advanced Bionics a funded company?

Advanced Bionics is a funded company, having raised a total of $128M across 3 funding rounds to date. The company's 1st funding round was a $***** Convertible Debt round, raised on Feb 2002.

When was the latest funding round of Advanced Bionics?

Advanced Bionics' latest funding was a $***** Grant (prize money) round on Aug 15, 2002, with participation from 1 investor.

Where does Advanced Bionics rank among its competitors?

Advanced Bionics ranks 2nd amongst 16 active competitors, of which 4 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Qualia Oto, which secured $277K in Jul, 2025.

Who are the top competitors of Advanced Bionics?

Advanced Bionics' top competitors include Cochlear, MED-EL and Oticon Medical. Among them, Qualia Oto secured the most recent funding round in July, 2025.

Advanced Bionics - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is Advanced Bionics an acquired company?

Advanced Bionics got acquired by Sonova on Nov 09, 2009.

Advanced Bionics is an acquired company based in Valencia (United States), founded in 1993 by Alfred E Mann. It operates as a Provider of advanced cochlear implants and hearing technology for powerful connections. Advanced Bionics has raised $128M in funding. The company has 16 active competitors, including 4 funded and 3 that have exited. Its top competitors include companies like Cochlear, MED-EL and Oticon Medical.

Company Details

Provider of advanced cochlear implants and hearing technology for powerful connections. The company develops cochlear implant technology that restores hearing to those with severe-to-profound hearing loss. Some of the products include the Naída CI M, a cochlear implant sound processor for adults, and the Sky CI Marvel, cochlear implant sound processor for children.

Website: www.advancedbionics.com/us/en/home
Social
Email ID: *****@advancedbionics.com
Phone Number: +1 **********
Registered Address: Vaishnavi Sapphire, 9/36, Tumkur Road, Yeshwanthpur, Bangalore, Bengaluru, Karnataka, India, 560022

Key Metrics

Founded Year

1993

Location

Valencia, United States

Stage

Acquired

Total Funding

$128M in 3 rounds

Latest Funding Round

Grant (prize money), Aug 15, 2002, $*****

Investors

Cycad Group & 1 more

Ranked

2^nd among 16 active competitors

Employee Count

1,135 as on Aug 31, 2026

Investment & Acquisitions

Spiral Therapeutics

Similar Companies

Cochlear & 16 more

Exit Details

Acquired by Sonova (Nov 09, 2009)

View Advanced Bionics' full profile

Advanced Bionics is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Advanced Bionics Ag CIN: 954055 , Switzerland, Active	Nov 09, 2023	-	-	-
Advanced Bionics, Llc CIN: 473216 , United States, Active	Feb 18, 2014	-	-	-
Advanced Bionics Denmark ApS CIN: 37576492 , Denmark, Active	Mar 21, 2016	-	-
ADVANCED BIONICS INDIA PRIVATE LIMITED CIN: U51909KA2011FTC058655 , India, Active	May 16, 2011	₹50 - ₹100 Cr (As on Mar 31, 2025)	28 (As on Aug 01, 2025)

Advanced Bionics got acquired by Sonova on Nov 09, 2009 at an acquisition amount of $*****.

Click here to take a look at Advanced Bionics's acquisition in detail

Advanced Bionics has raised a total funding of $128M over 3 rounds. Its first funding round was on Feb 2002. Its latest funding round was a Grant (prize money) round on Aug 15, 2002 for $*****. 1 investor participated in its latest round. Advanced Bionics has 2 institutional investors.

Here is the list of recent funding rounds of Advanced Bionics:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 15, 2002	9385303	Grant (prize money)	7804260	1368002	2277071	2167288
Feb 14, 2002	6907085	Series C	8638128	2474029	9344388	9807188
Feb 2002	8277324	Convertible Debt	2354481	1653283	3730903	8835076

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View details of Advanced Bionics's funding rounds and investors

The founders of Advanced Bionics is Alfred E Mann.

Here are the details of Advanced Bionics' key team members:

Alfred E Mann: Former Founder of Advanced Bionics.

View details of Advanced Bionics's Founder profiles and Board Members

Advanced Bionics' employee count trend

Advanced Bionics has 1,135 employees as of Aug 26. Here is Advanced Bionics's employee count trend over the years:

Employee count trend for Advanced Bionics

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Top competitors of Advanced Bionics include Cochlear, MED-EL and Oticon Medical. Here is the list of Top 10 competitors of Advanced Bionics, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cochlear 1981, Sydney (Australia), Public	Electronic hearing devices and implants	-	ELM Responsible Investments, Investor Growth Capital ... & 5 others	71/100
2nd	Advanced Bionics 1993, Valencia (United States), Acquired	Provider of advanced cochlear implants and hearing technology for powerful connections	$128M	Cycad Group, HHS	69/100
3rd	MED-EL 1989, Innsbruck (Austria), Unfunded	Middle ear & Cochlear implants and Hearing aids	-	-	60/100
4th	Oticon Medical 2009, Gothenburg (Sweden), Acquired	Provider of one anchored hearing system and cochlear implants	-	-	51/100
5th	Zhejiang Norcong Neuroelectronics 2006, Hangzhou (China), Series B	Developer of ear implant and speech processing devices	$16.2M	Qiming Venture Partners, Detong Capital & 7 others	40/100
6th	Hemideina 2016, Melbourne (Australia), Series A	Developer of cochlear implant to treat deafness	$22.5M	Common Sense Ventures, Escala Partners & 3 others	39/100
7th	Esteem Hearing 1995, Saint Paul (United States), Series B	Developer of implanted hearing devices	$19.4M	Triginta Capital, Sobera Capital	37/100
8th	Neubio 2019, Gurugram (India), Unfunded	Provider of cochlear implant solutions for individuals with severe to profound hearing loss	-	-	25/100
9th	Qualia Oto 2018, United States, Funding Raised	Provider of software facilitating automation and optimization of transportation management	-	HHS, National Science Foundation	25/100
10th	Normanby Laboratory Services 2013, Redcar (United Kingdom), Unfunded	Provider of earmoulds for hearing protection	-	-	24/100