Neo Medical Closes $20.6M Financing Round

Neo Medical Logo

Neo Medical, a Lausanne, Switzerland-based medtech company, raised $20.6M in funding.

The round was led by Swisscom Ventures.

The company intends to use the funds to accelerate commercial deployment of ADVISE™ augmented reality platform for spinal surgery, with a particular focus on the US market, and expand product and team.

Led by CEO Vincent Lefauconnier, Neo Medical develops controlled-fixation solutions designed for a more Functional Fusion in spinal surgery, respectful of patients’ unique spinal conditions.

ADVISE™ complements the company’s existing optimized implants and instruments platform, resulting in a total technology ecosystem for spinal surgery. Neo Medical universal implants, smart instruments, and software work together to create value at every level and for every stakeholder. The Swiss medtech company’s complete system of hardware and software technologies supports enhanced outcomes at each stage of the perioperative process: preoperative planning, intraoperative actions, and postoperative recovery.

FinSMEs

22/02/2022