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Planet Innovation

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Planet Innovation | Product Development & Commercialization

Melbourne, AustraliaFounded 2009Robotics
Valuation $50–100M Last recorded · 2020
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Planet Innovation and the history behind them.

About Planet Innovation

Planet Innovation is a healthtech innovation and commercialization company dedicated to creating breakthrough products and commercially successful businesses. The company operates in the biomedical and hi-tech sectors, providing a comprehensive suite of services that include market opportunity identification, design, engineering, digital solutions, manufacturing, and commercial launch. Planet Innovation serves a diverse range of clients, from startups to established companies, helping them navigate the complexities of product development and commercialization. The business model is service-based, generating revenue through project-based engagements and long-term partnerships. The company prides itself on its entrepreneurial culture, attracting top talent to deliver innovative solutions that delight customers and drive commercial success. Recent expansions, such as the acquisition of BIT North American operations, have doubled its medtech manufacturing capacity, further solidifying its market position.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2009
Headquarters
Melbourne, Australia
Employees
304
Open positions
2
Dealroom signal
61.9/100
Industry
Health, Robotics
Sector
Robotics, Hard Tech
Client focus
b2b
Investment activity
1 company, latest Feb 2020
Capital deployed
$15M
Preferred round
SERIES A

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Jul 2025 $0 — Meiban Group ↗
LATE VC✓Equity / VC Dec 2020 $13M $52M Perennial Value Management · Australian Unity Office Fund ↗
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

Planet Innovation website traffic

Latest recorded traffic for Planet Innovation is 5.1K monthly website visits, down 57.5% over the last three months. Planet Innovation's team declined 1.3% over the past year.

Latest monthly visits5.1K 3-month web change-57.5% 1-year team growth-1.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Innovation Connections

Series B and later3 investors entered at this stage

  • Perennial Value Management
  • Australian Unity Office Fund
  • Meiban Group
Team profiled 29 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 9 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
6 countries with
team presence
🇦🇺 Australia83.4%
🇺🇸 United States14.5%
🇮🇪 Ireland0.8%
🇳🇿 New Zealand0.4%
🇬🇷 Greece0.4%
Top 5 of 6 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Planet Innovation on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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