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Neo Medical raised $68 million in a Series B funding round led by Gyrus Capital to accelerate global growth in spine surgery.

PRIVATESep 17, 2024

Amount Raised

$68 Million

Round Type

Series B

LausanneBiotechnologyHealth CareMedicalMedical Device

Investors

Jonas LarssonVincent LefauconnierGyrus Capital Sa

Description

Neo Medical SA, a Swiss technology company specializing in spine surgery, has completed its Series B financing round with an equity investment of $68 million. The proceeds will be used to enhance market share, expand US operations, and develop innovative surgical technologies.

Quick answer

Neo Medical raised $68 Million in a Series B round, dated September 17, 2024. Investors: Jonas Larsson, Vincent Lefauconnier and Gyrus Capital Sa. Neo Medical is based in Lausanne, Vaud, Switzerland.

How much did Neo Medical raise?
Neo Medical raised $68 Million in a Series B round on September 17, 2024.
Who invested in Neo Medical?
Jonas Larsson, Vincent Lefauconnier and Gyrus Capital Sa are named as investors in this round.
What does Neo Medical do?
Neo Medical is a global tech company, committed to making sustainable and effective patient-specific spine care the norm for everyone who needs it.
Where is Neo Medical based and how big is it?
Neo Medical is based in Lausanne, Vaud, Switzerland. Fundz records about 59 employees.
Who are the decision-makers at Neo Medical?
Fundz holds 3 contacts at Neo Medical. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Medical and Medical Device around the same time

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

  • Zenflow raised $19M on November 1, 2024.
  • Definition Health raised $7.4M (Pre-Seed) on October 31, 2024.
  • Lymphatica Medtech raised $20M (Series B) on October 8, 2024.
  • Nusano raised $115M (Series C) on October 1, 2024.
  • Innventure raised $11M on October 1, 2024.
  • Sparrow BioAcoustics raised $13M (Seed) on September 20, 2024.

Who to call at Neo Medical, and when

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

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

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Company Information

Company

Neo Medical

Location

Lausanne, Vaud, Switzerland

About

Neo Medical is a global tech company, committed to making sustainable and effective patient-specific spine care the norm for everyone who needs it. Active across Europe and the US, the company’s ecosystem of intuitive technologies support surgeons to deliver personalized treatments to each and every patient, going beyond the imagined limits of conventional therapies. Combining AI-supported augmented reality data tools, uniquely specialized surgical hardware, and innovative procedural techniques, Neo is redefining what's possible in spine surgery.

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Fundz sees it the moment Neo Medical raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

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

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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