When was Sysadvance founded?

Sysadvance was founded in 2002 and raised its 1st funding round 17 years after it was founded.

Where is Sysadvance located?

Sysadvance is headquartered in Povoa de Varzim, Portugal.

Who is the current CEO of Sysadvance?

Jose Vale Machado of Sysadvance. They have also founded 1 company.

How many employees does Sysadvance have?

As of Mar 31, 2026, the latest employee count at Sysadvance is 123.

Is Sysadvance a funded company?

Sysadvance is a funded company, having raised a total of $***** in its 1st and only funding round, a Grant (prize money) round on Jul 01, 2019.

When was the latest funding round of Sysadvance?

Sysadvance's latest funding was a $***** Grant (prize money) round on Jul 01, 2019, with participation from 1 investor.

Where does Sysadvance rank among its competitors?

Sysadvance ranks 6th amongst 14 active competitors, of which 2 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Vero Biotech, which secured $30M in Jan, 2023.

Who are the top competitors of Sysadvance?

Sysadvance's top competitors include Amico, Vero Biotech and Absstem. Among them, Vero Biotech secured the most recent funding round in January, 2023.

Sysadvance - 2026 Company Profile, Team, Funding & Competitors

Sysadvance is a funded company based in Povoa de Varzim (Portugal), founded in 2002 by Jose Vale Machado. It operates as a Developer of on-site gas generation and gas purifiers. Sysadvance has raised an undisclosed amount in funding. The company has 14 active competitors, including 2 funded and 2 that have exited. Its top competitors include companies like Amico, Vero Biotech and Absstem.

Company Details

Sysadvance is a developer of on-site gas generation and gas purifiers. The company has developed a portfolio of nitrogen, oxygen generators (medical oxygen 93 and VSA oxygen generators), solutions for purification of biogas, Helium, Hydrogen, and SF6. The company has developed medical oxygen (oxygen M series) medical air (AirSYS M) and a medical vacuum system (VacuumSYS M).

Website: sysadvance.com
Social
Email ID: *****@sysadvance.com
Phone Number: +351 **********

Key Metrics

Founded Year

2002

Location

Povoa de Varzim, Portugal

Stage

Funding Raised

Latest Funding Round

Grant (prize money), Jul 01, 2019, $*****

Investors

Europa

Ranked

6^th among 14 active competitors

Employee Count

123 as on Mar 31, 2026

Similar Companies

Amico & 12 more

View Sysadvance's full profile

Sysadvance has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Jul 01, 2019 for $*****. 1 investor participated in its latest round. Sysadvance has 1 institutional investor.

Here is the list of recent funding rounds of Sysadvance:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 01, 2019	8091688	Grant (prize money)	7525306	1620353	5610453	9807298

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View details of Sysadvance's funding rounds and investors

The founders of Sysadvance is Jose Vale Machado. Jose Vale Machado is the CEO of Sysadvance.

Here are the details of Sysadvance's key team members:

Jose Vale Machado: Founder & CEO of Sysadvance.
Contact Info: 1 email address

View details of Sysadvance's Founder profiles and Board Members

Sysadvance's employee count trend

Sysadvance has 123 employees as of Mar 26. Here is Sysadvance's employee count trend over the years:

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Top competitors of Sysadvance include Amico, Vero Biotech and Absstem. Here is the list of Top 10 competitors of Sysadvance, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Amico 1974, Richmond Hill (Canada), Unfunded	Manufactures and markets products for health care industry	-	-	54/100
2nd	Vero Biotech 2017, Atlanta (United States), Series B	Developer of inhaled nitric oxide delivery system for cardiopulmonary treatment	$30M	Petrichor, Runway Growth Capital & 2 others	48/100
3rd	Absstem 2017, Delhi (India), Unfunded	Manufacturer and supplier of medical oxygen generator	-	-	41/100
4th	Porter Instrument 1968, Hatfield (United States), Acquired	Precision instruments for gas and liquid measurement in dental and medical fields	-	-	29/100
5th	Genrich Membranes 2014, Pune (India), Seed	Developer of oxygen enrichment unit	$75.2K	Venture Center Library, IKP Knowledge Park ... & 4 others	28/100
6th	Sysadvance 2002, Povoa de Varzim (Portugal), Funding Raised	Developer of on-site gas generation and gas purifiers	-	Europa	27/100
7th	Malek Medical Wismar (Germany), Unfunded	Developer of CO2 contrast agent injector	-	-	25/100
8th	BeaconMedaes 2019, Rock Hill (United States), Unfunded	Global leader in medical gas pipeline systems and healthcare facility solutions	-	-	24/100
9th	Rizhao Jiakang Medical Equipment 2017, Rizhao (China), Unfunded	Manufacturer of oxygen supply systems for the hospitals	-	-	24/100
10th	Accutron 1970, Phoenix (United States), Acquired	Nitrous oxide and oxygen sedation solutions for dental practitioners	-	-	21/100