Avatar Merdical, a Paris, France-, and Mountain View, CA-based company providing a real-time solution for surgeons to engage with patients, raised €5M in Seed funding.
The round was led by GO Capital, with support from US-based Acorn Pacific Ventures and Plug and Play as well as Rives Croissance and Cenitz. Fifteen surgeons and radiologists also invested in the funding.
The company intends to use the funds to invest in commercialization throughout the US and Europe, while accelerating the development of its AvatarCloud product.
Led by CEO Xavier Wartelle, Avatar Medical provides a real-time solution for surgeons to engage their patients, leveraging 3D and XR renderings during patient consultations. This allows shared decision-making between patients and surgeons, and enhances surgical practice through digital planning, all while providing hospitals with a solution to enhance patient satisfaction and reduce patient outmigration.
Avatar Medical is a spin-off of the Institut Pasteur and the Institut Curie.
Commenting on the news, Xavier Wartelle said: “We are proud of all the achievements, from developing a unique solution to identifying the right go-to-market. This new milestone is very exciting as it gives us the means to launch the commercialization of our FDA-cleared solution in the US, while accelerating the sales to medical schools on both continents.”
FinSMEs
19/02/2024