Corentium (private company)
we tracked 2 investors
Total investments received (USD) - we tracked 1 transaction
Corentium was started in 2008 by scientists from Cern and uses accurate technology to create user-friendly digital radon detectors.
The primary customers are homeowners living in radon-prone areas in the United States, Canada, and Europe. Homeowners can use our device to see if they are at risk for high radon exposure.
Radon is a radioactive gas that seeps into the foundation of many homes.
An estimated 20,000 people die from radon exposure every year, and it is the second leading cause of lung cancer after smoking.
Corentium also aims to replace traditional charcoal detection devices that are cumbersome, need to measure for months, and then have be sent to a lab to obtain any results. They also differentiate themselves from their competitors in better build quality and design.
Corentium is based in Oslo, Norway. However, most customers are in the United States and Canada.
The company had a turnover of NOK 17.5 million in 2015, a profit of 1.5 million. In 2016 the company already has doubled its sales by summer and aims at 100 million in 2018.
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