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SamanTree Medical Secures $14M Investment for Global Expansion and Innovation in Surgical Treatment

Jul 16, 2024almost 2 years ago

Contract Type

partnership

Lausanne

Description

SamanTree Medical has completed a Series B financing round, raising $14M to further develop and commercialize the Histolog® Scanner, expand its reach in Europe and the United States, and enhance its digital suite. The funding was led by Relyens Innovation Santé, advised by Turenne Capital, and involved participation from new and returning investors. Additionally, the company will establish its headquarters and an operational base in Wallonia, Belgium, and update its Board of Directors.

Company Information

Company

SamanTree Medical

Location

Lausanne, Vaud, Switzerland

About

SamanTree Medical proposes a breakthrough innovation for checking complete tumor removal during surgery: the Histolog® Scanner. This novel imaging modality is a direct support during cancer surgery to achieve the common goal of improving patient quality of life by decreasing rates of re-operation. The team is fully dedicated to bringing the Gold Standard in the operating room, enabling margin assessment, in real time, at the histological detail. SamanTree Medical SA was founded in December 2014 and is a spin-off of the EPFL (Ecole Polytechnique Fédérale de Lausanne).

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