Fundz

Eindhoven's ONWARD Medical raised €50M through private placement to develop therapies for spinal cord injury and movement disabilities.

PRIVATEOct 26, 2024

Amount Raised

€50 Million

Round Type

Post-IPO Equity

EindhovenBiotechnologyHealth Care

Description

ONWARD Medical, a medical technology company based in Eindhoven, has successfully raised €50M in gross proceeds. The funding was achieved through an upsized bookbuild offering during a private placement with institutional investors.

Quick answer

ONWARD Medical raised €50 Million in a Post-IPO Equity round, dated October 26, 2024. ONWARD Medical is based in Eindhoven, North Brabant, Netherlands.

How much did ONWARD Medical raise?
ONWARD Medical raised €50 Million in a Post-IPO Equity round on October 26, 2024.
What does ONWARD Medical do?
ONWARD Medical is a medical technology company creating innovative therapies to restore movement, function, and independence in people with spinal cord injuries.
Where is ONWARD Medical based and how big is it?
ONWARD Medical is based in Eindhoven, North Brabant, Netherlands. Fundz records about 197 employees.
Who are the decision-makers at ONWARD Medical?
Fundz holds 3 contacts at ONWARD Medical. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology and Health Care around the same time

Companies in the same sectors as ONWARD Medical that raised within 45 days of this round, from Fundz verified event records.

  • Orthogon Therapeutics raised $5.2M (Funding Round) on December 10, 2024.
  • Saventic Health raised $2M (Seed) on December 10, 2024.
  • MoldCo raised $3M (Pre-Seed) on December 10, 2024.
  • Mythic Therapeutics raised $30M on December 9, 2024.
  • Canton Strategic Holdings, Inc. raised $2M (Seed) on December 9, 2024.
  • Nua Surgical raised $6.9M (Series A) on December 6, 2024.

Who to call at ONWARD Medical, and when

A new round usually means ONWARD Medical is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day ONWARD Medical raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at ONWARD Medical, from your own LinkedIn network

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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.

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ONWARD Medical raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.