Topsfield, a Berlin, Germany-based start up developer of a next generation shoulder replacement system, has raised seed funding from High-Tech Gründerfonds.
The amount of the deal was not disclosed.
The company intends to use the funding for initial prototypes, verification and validation testing, clinical review, “first-in-man” and preparation for regulatory application.
Founded in February 2012 and led by CSO Dr. Maria Apreleva-Scheffler and an experienced group of medical device developers, Topsfield is developing a novel solution that addresses the underlying problem of premature shoulder implant loosening by improving the prosthesis fixation method.
The company has conducted initial R&D at Dartmouth Biomedical Engineering Center in New Hampshire, USA, and is developing materials, design configuration and surgical methods to resolve the problem of shoulder implant loosening. The founders have applied for patents on unique implant components that solve the erosion of the bone stock.