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OSSTEC has raised £2.5M to accelerate the launch of its groundbreaking 3D printing technology for joint replacement implants. The funding, led by Empirical Ventures, aims to help OSSTEC bring its innovative cementless knee implant technology to market.

Apr 08, 20258 months ago

Amount Raised

£2.5 Million

Round Type

seed

LondonManufacturing

Investors

Empirical Ventures

Description

OSSTEC, a London-based startup based on research at Imperial College London, has raised £2.5M to accelerate the launch of its groundbreaking 3D printing technology aimed at improving joint replacement implants. The funding round, led by specialist DeepTech venture capital firm Empirical Ventures, is set to help OSSTEC bring its innovative cementless knee implant technology to market. This technology is designed to overcome common challenges seen with traditional knee replacements, potentially reducing the risk of implant failure. By leveraging 3D printing, OSSTEC’s solution also simplifies the supply chain and improves efficiency for healthcare systems.

Company Information

Company

OSSTEC

Location

London, England, United Kingdom

About

OSSTEC is a London-based startup developing 3D printing technology for joint replacement implants, particularly focusing on cementless knee replacements. Founded on research from Imperial College London, the company aims to address challenges faced by traditional knee replacements, enhancing patient outcomes and operational efficiency. Its innovative approach stimulates bone growth and reduces implant failure risks, making it a significant advancement in orthopaedics. OSSTEC prioritizes collaboration with medical professionals to ensure the efficacy of its products.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers