Establishment Labs, an Alajuela, Costa Rica-based breast aesthetics company, closed a $20m round of financing.
The round was led by Crown Predator Holdings and JW Asset Management.
The company intends to use the funds to accelerate investment in the technology, grow the customer base, and scale the business
Led by Juan José Chacón-Quirós, CEO, Establishment Labs is a global aesthetic company that designs, develops, manufactures and markets an innovative product portfolio consisting of advanced silicone-filled breast and body shaping implants. The CE-marked Motiva Implant Matrix® line is scrutinized by professional Quality Engineers throughout the entire manufacturing process. All of its products are manufactured in full compliance with ISO and EU requirements, and are certified under the Medical Device Directive 93/42/EEC.
Today, thousands of patients and plastic surgeons in over 50 countries and across five continents are using Motiva implants that include exclusive capabilities like RFID microtransponders, fully biocompatible nanosurfaces, and TrueTissue™ dynamics for the look and feel of natural breasts, and an extended product guarantee through Lloyd’s of London.