Verlab Institut

Name

Verlab Institut

Legal name

Naučnoistraživački institut Verlab za biomedicinski inžinjering, medicinske uređaje i vještačku inteligenciju

Website

https://verlabinstitute.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Verlab Institut is Bosnia and Herzegovina's first independent scientific research institute, coordinating EU-funded projects in biomedical engineering, AI, healthcare, and high-performance computing for SMEs, academia, and public institutions.

Ownership category

akta.pro rank

Product category

Biomedical Engineering Research and Scientific Services

NAICS

Scientific Research and Development Services (5417), Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) (541715), Other Scientific and Technical Consulting Services (54169), Other Scientific and Technical Consulting Services (541690)

SIC

Services-Commercial Physical & Biological Research (8731), Services-Engineering, Accounting, Research, Management (8700), Services-Management Consulting Services (8742)

akta.pro primary industry

Quality Engineering & Risk Management (ICH Q9/Q10, validation, change control) (HLAGAKAL)

akta.pro secondary industries

Compliance Technology, GRC Platforms & Controls Automation Advisory (BPAHAFAO), Health, Pharmaceuticals & Medical Devices Regulatory Cooperation (BPADANAJ)

Keywords

• Biomedical engineering research
• High-performance computing services
• Medical device testing
• Digital health innovation
• Scientific research institute

Headquarters

HQ city

Sarajevo

HQ country

Bosnia & Herzegovina

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Others

Revenue model

1. EU Research and Innovation Funding: Primary revenue stream derived from designing, leading, and implementing projects within major European research frameworks including Horizon Europe, Innovative Health Initiative, Digital Europe, Erasmus+, and EIT programmes. Projects include VETechConn, ParaSwInclusion, eDIH FusionX, NCC HPC BIH, and LySim.
2. Professional Services and Training: Verlab Academy provides specialized training, expert-led programs, and applied academic collaboration. Services include workshops on AI in healthcare, digital transformation, bioinformatics, and laboratory quality management systems (ISO/IEC 17025, ISO 15189, ISO 17020).
3. Technical Consulting: Consulting services for institutions including digital health implementation, regulatory alignment, quality system improvement, and medical technology management.
4. Research Publications and Conference Organization: Revenue generated through organizing international conferences including CMBEBIH and hosting scientific events, with publications in peer-reviewed journals and conference proceedings.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Verlab Institute operates as a scientific research institute that designs, leads, and implements projects across European research frameworks (Horizon Europe, Digital Europe, Erasmus+, EIT). It delivers biomedical engineering research, AI applications for healthcare, medical device conformity assessment testing, high-performance computing services (NCC HPC BIH), digital innovation hub services (eDIH FusionX, DIH Its4Health), training programs (Verlab Academy), and consulting for digital and green transformation of SMEs and public institutions.

Product overview

Verlab Institute operates a platform-plus-modules architecture centered on biomedical engineering, AI, and healthcare systems innovation. The core infrastructure includes NCC HPC BIH (high-performance computing), eDIH FusionX Hub (digital innovation), and DIH Its4Health (healthcare transformation), supported by education through Verlab Academy and networking via ViNexus. Specialized offerings include AthletICODE for sports technology, the Center for Digital & Green Transformation for business consulting, and eVerlab software for medical device inspection management. The institute's multidisciplinary approach combines research, education, and implementation services for healthcare innovation.

Differentiator

Problem solved

Functional benefit

Brands

• Verlab Academy: Training initiative supporting academic, business, non-governmental and governmental sectors with digital and green transformation requirements
• NCC HPC BIH
• DIH – Its4Health
• eDIH FusionX
• AthletICODE
• Center for Digital & Green Transformation

Products and services

• NCC HPC BIH (National Competence Centre for High-Performance Computing) Provides HPC training, technical guidance, and strategic initiatives for SMEs, academia, and public institutions in Bosnia and Herzegovina, enabling access to cutting-edge high-performance computing resources and expertise as part of the European EuroCC network.
• eDIH FusionX Hub Central hub for digital and green transformation in Bosnia and Herzegovina, focusing on high-performance computing, artificial intelligence, and advanced digital skills for SMEs, researchers, public institutions, and citizens under the Digital Europe programme.
• DIH Its4Health Digital Innovation Hub dedicated to healthcare digital transformation, promoting system modernization and technology adoption in the medical sector for healthcare providers and institutions.
• Verlab Academy Training initiative supporting academic, business, non-governmental, and governmental sectors with digital and green transformation education, providing seminars on medical laboratory quality management (ISO/IEC 17025, ISO 15189, ISO 17020), AI in healthcare, bioinformatics, and Industry 4.0 technologies.
• AthletICODE Sports technology platform integrating motor skills testing, genetic testing, and psychological testing for athletes and sports collectives, used by sports federations, Olympic committees, and individual athletes for evidence-based performance optimization and talent identification.
• Center for Digital & Green Transformation Professional consulting and training center providing AI application consulting in public administration, digital transformation support for SMEs, business modernization guidance, and regulatory alignment services for institutions piloting and validating new approaches.
• eVerlab Software Proprietary software tool for medical device safety and performance inspection management, used for tracking inspection processes of medical devices from the legal metrology system, including automated tracking of inspection dates and reports for conformity assessment workflows.
• ViNexus Networking and collaboration platform connecting researchers, professionals, and institutions within the innovation ecosystem to foster partnerships and collaboration opportunities.

Quantifiable outcome

• More than 300 publications produced from 2010 to 2024, demonstrating sustained research output and scientific contribution.
• +2 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability12 records

Feature4 records

Partnerships

17 partnerships are on record, tiered core and minor.

• BICRO BioCentrecoreStrategic or Co-development Partner · 21 November 2023Strategic collaboration formalized through a Memorandum of Understanding between Verlab Institute in Bosnia and Herzegovina and BICRO BioCentre in Croatia, marking the inception of an international partnership for research and innovation cooperation.
• Labedu TraumaCare, University of Thessaly GreececoreStrategic or Co-development Partner · 6 November 2023Memorandum of Understanding signed between Verlab Institute and Laboratory of Education and Research of Trauma Care and Patient Safety (Labedu TraumaCare) of the Nursing Department at the University of Thessaly, Greece, for research collaboration.
• GIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit)coreStrategic or Co-development Partner · 14 July 2023Memorandum of Cooperation signed with GIZ for the development of the Center for Digital Transformation. GIZ supports digital transformation programs including EU4DigitalSME, BOOST2, and other initiatives in Bosnia and Herzegovina.
• Bit AlliancecoreStrategic or Co-development Partner · 30 December 2022Cooperation agreement signed between Bit Alliance (leading IT industry association) and Verlab Institute for collaboration on innovation and digital transformation initiatives.
• Faculty of Electrical Engineering in East SarajevocoreStrategic or Co-development Partner · 22 December 2022Business-technical cooperation agreement signed for joint work on research projects, academic collaboration, and knowledge exchange in biomedical engineering and related fields.
• UNESCOcoreStrategic or Co-development PartnerCollaboration with UNESCO on remote access to High-Performance Computing for research and innovation in life sciences, in line with UNESCO Recommendation on Open Science and UNESRALE initiative.
• European CommissioncoreStrategic or Co-development PartnerWorking with European Commission through Horizon Europe, Digital Europe, COST Actions, and other EU framework programmes. Hosting visits from EU experts and implementing major European research and innovation projects.
• Bosnalijek JSCcoreStrategic or Co-development PartnerLySim project collaboration with Bosnalijek, Bosnia and Herzegovina's leading pharmaceutical company, for advanced biomedical research on lysozyme using molecular simulation techniques.
• EIT HealthcoreStrategic or Co-development PartnerParticipation in EIT Health programs including Morning Talks, DRIVE PROGRAM 2024, Deep Green Inno, and EIT HEI ABCD project for innovation and deep tech entrepreneurship in Western Balkans.
• EIT FoodcoreStrategic or Co-development PartnerVerlab Institute organized and hosted the first official EIT Food Awareness Event in Bosnia and Herzegovina. Participation in EIT Food RIS Policy Council and various food innovation programs.
• Olympic Committee of Bosnia and HerzegovinacoreStrategic or Co-development PartnerMultiple collaborations including AthletICODE platform, ParaSwInclusion project for inclusion of people with disabilities through paraswimming, and cooperation agreement for sports science initiatives.
• International University of Sarajevo (IUS)coreStrategic or Co-development PartnerCollaboration on pAIm project and various research initiatives. Joint workshops and training sessions on AI applications in healthcare and agriculture.
• EuroCC2/EuroCC4SEE ConsortiumcoreStrategic or Co-development PartnerCoordination of National Competence Centre for High-Performance Computing in Bosnia and Herzegovina (NCC HPC BIH) within the EuroCC2/EuroCC4SEE initiative for strengthening HPC capacities across the region.
• COST Actions (CA22112 EU-LI-PHE, CA21139 IMPROVE, CA24165 CardioPharmaGENET, CA20124 AI4NICU)coreStrategic or Co-development PartnerActive participation in multiple COST Actions covering livestock phenotyping, biomedical science quality (3Rs concepts), cardio-pharmaceutical genetics, and AI for neonatal intensive care.
• Ski Association of the Federation of Bosnia and HerzegovinaminorStrategic or Co-development PartnerCooperation agreement signed for scientific support and research collaboration in skiing and winter sports.
• BRAVO Organization (Bosnian Representative Association for Valuable Opportunities)minorStrategic or Co-development PartnerCooperation agreement signed for youth empowerment, internship programs, and research opportunities for young people.
• Verlab Ltd.coreStrategic or Co-development PartnerJoint coordination of NCC HPC BIH - the National Competence Centre for High-Performance Computing, with Verlab Institute providing research oversight and Verlab Ltd. providing technical implementation.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Fraunhofer Society: Germany's largest applied research organization with institutes covering biomedical engineering, AI, and digital health. Comparable to Verlab in operating model (applied research, EU project participation, industry partnerships) but at vastly greater scale, multiple sites, and with a global commercial IP portfolio.
• Joanneum Research: Austrian non-profit applied research organization with divisions covering health, biomedicine, and digital transformation. Closely comparable to Verlab in non-profit structure, EU grant dependency, and national-level role as an applied research partner for SMEs and public institutions.
• RISE Research Institutes of Sweden: Swedish research and innovation partner with deep activity in life science, digital health, and materials/biomedical engineering. Comparable to Verlab in operating as a national applied research platform with both EU grant capture and industry-facing services, but at materially greater scale and geographic reach.
• National Research Council of Italy (CNR): Italy's largest public research institution with extensive biomedical, AI, and HPC programs. Comparable to Verlab in EU-funded multi-disciplinary research, but at dramatically larger scale and with formal academic affiliation that Verlab lacks.
• TNO (Netherlands Organisation for Applied Scientific Research): Dutch applied research organization conducting contract research across health, digital, and applied science domains. Similar to Verlab in bridging scientific research to real-world implementation for industry and government, but with significantly larger headcount and broader commercial revenue base.
• SINTEF: One of Europe's largest independent research institutes, headquartered in Norway, with significant activity in health, biotechnology, and digital systems. Comparable to Verlab in the contract research business model, EU project coordination, and science-to-impact positioning, though with vastly larger capacity.
• VTT Technical Research Centre of Finland: Finnish state-owned applied research institute active in healthcare, AI, and digital transformation. Comparable to Verlab in scope (biomedical engineering, digital health, EU project participation) and in operating as a national innovation hub, though with much larger scale and broader international presence.

Others

• European Institute of Innovation and Technology (EIT): EU body that funds and coordinates knowledge and innovation communities (KICs), including EIT Health and EIT Food in which Verlab actively participates. Relevant as the upstream funding/coordinator body that channels research grants to Verlab's projects and platforms.

Regional players

• Institut Jožef Stefan: Slovenia's leading research institution covering biomedical engineering, AI, and HPC. Comparable to Verlab as a national-level multidisciplinary research institute in a small Central/Southeast European economy, with similar EU project participation and industry-academia bridging role.
• BioNanoNet Forschungsgesellschaft: Austrian research association active in biomedical and nanotechnology research with EU project coordination experience. Comparable to Verlab as a small-to-mid applied research organization focused on life sciences and EU grant capture, but serving Central Europe rather than Western Balkans.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/verlabinstitute
• LinkedInlinkedin.com/company/verlab-institute
• Instagraminstagram.com/verlab_institute

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Verlab Institut