Fundz
Real-time · AI · Cross-signal

Discover the power of real-time signals plus AI

Every contract, funding round, exec hire, and M&A move on ONWARD Medical — with verified, ICP-scored contact reveals (email + mobile) on demand.

Trusted by founders, sales teams, recruiters, and investors at firms like BlackRock, Oracle, Kleiner Perkins, and HubSpot.

See plansBook a 15-min walkthrough
Watch the 2-minute tour · with sound

ONWARD Medical Launches Capital Increase for Indicative Amount of c. EUR 40 Million including EUR 22.5 Million Cornerstone Investment from Ottobock SE & Co. KGaA

Oct 22, 2024over 1 year ago

Contract Type

partnership

EindhovenBiotechnologyHealth Care

Description

ONWARD Medical N.V. has announced the launch of a capital increase for an indicative amount of approximately EUR 40 million, including a cornerstone investment of EUR 22.5 million from Ottobock SE & Co. KGaA. This investment initiates a long-term strategic relationship between ONWARD Medical N.V

Company Information

Company

ONWARD Medical

Location

Eindhoven, North Brabant, Netherlands

About

ONWARD Medical is a medical technology company creating innovative therapies to restore movement, function, and independence in people with spinal cord injuries. ONWARD Medical’s work builds on more than a decade of basic science and preclinical research conducted at the world’s leading neuroscience laboratories. ARC Therapy, which can be delivered by implantable (ARC-IM) or external (ARC-EX) systems, is designed to deliver targeted, programmed spinal cord stimulation to restore movement and other functions in people with spinal cord injury, ultimately improving their quality of life.

Predictive Intelligence
Strategic

ML-powered predictions for ONWARD Medical's next move

Learn about Strategic plan

Related People

Suggested for you

Sign in to view contact details

Sign in to view contact details

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months