Pixee Medical Raises $15M in Funding

Pixee

Pixee Medical, a Besaçon, France-based company providing reality navigation technologies for orthopedic surgery, raised $15M in funding.

The round was led by Relyens Innovation Santé, UI Investissement, Innovacom, Angelor and Bpifrance

The company intends to use the funds:

  • To strengthen its presence in the United States with the opening of a subsidiary in the first quarter.
  • To rapidly deploy its new range of augmented reality navigation platforms.
  • To expand its presence in Asia by opening an office in Singapore.
  • To recruit new talents to support its growth.

Led by CEO Sébastien Henry, Pixee Medical develops augmented reality solutions for implant placement, that offer orthopedic surgeons’ ools for precise and efficient intervention. Its first product has been used in over 5,000 procedures in more than 20 countries, for example, the United States, Australia, India, and several European countries, thus demonstrating its positive impact on surgical practices worldwide.

Commenting on the news, Sébastien Henry said: “We are extremely proud of the success of this capital raising. This investment is a significant step forward in our expansion in the US, which is a strategic market for our company. It will enable us to reinforce our technological leadership by developing new products for augmented surgeons, who will benefit from the latest advances in immersive technologies, connectivity, and artificial intelligence; all in the service of their patients

FinSMEs

09/02/2024