Neo Medical, a medtech business situated in Lausanne, Switzerland, recently acquired money from European investment firm Boundary Holding. The money raised will go towards financing the company’s global expansion and expansion into key areas. Neo Medical is now concentrating its efforts on five key markets: the United States, Germany, Spain, Switzerland, and France.
On the back of its seasoned and highly-skilled human resources. The company is known for inventing techniques to accomplish functional fusion in spine surgery. For a long time, functional fusion in spinal surgery has been a difficult task. It’s not only expensive but there are still concerns about accuracy. Several attempts to minimize the problem have been made, but the researchers have yet to come up with a comprehensive answer.
Condition affects
This condition affects millions of people, mainly in the Western world. The pandemic has only made things more difficult, and the medication hasn’t worked as well as predicted. Neo medical is credited with pioneering transformative value-based healthcare technology for thoracolumbar functional fusion in this area.
Groundbreaking
The business has developed groundbreaking one-time-use sterile kits for spine surgery because they contain a pedicle screw system and cage, saving hospitals’ and patients’ money. Neo Medical has attracted several investors from throughout the world, including Rajat Khare‘s Boundary Holding, thanks to its creative solutions. The deep-tech European investment firm is recognized for backing startups and tech companies that are ushering in the fourth industrial revolution.
Mr. Khare met the founders, Vincent and Jonas, for the first time in Switzerland but He opted to seal the deal after a couple of discussions ended on a good note.
Neo Medical’s solutions are ground-breaking; because they allow spine surgeons to reduce the amount of stress placed on patients’ spines. Lowering the likelihood of screw loosening and hardware failure so They also reduce the chance of re-operation while increasing the overall result.
By lowering the overall environmental imprint. The company’s value-based treatment strategy promises an easier, repeatable, and more efficient spine surgical experience.
Conclusion:-
A European investment fund with a presence in Luxembourg and France. Which invests in Artificial Intelligence companies that integrate revolutionary technologies around IoT, Analytics, and UAVs. Big Data and sustainable models like Deeptech and Medtech. Rajat Khare with investments via Boundary Holding has been able to replicate his success stories in many of the startups. His work as an entrepreneur has been cited as a case study; at the INSEAD School of Business under Professor Patrick Turner’s course.
We invest in AI-based companies across the world to help build a technologically advanced and sustainable future. We are focusing on identifying entrepreneurs, backed by powerful vision and concepts to drive the future.
Backed by years of experience and great expertise in distressed and pre-seed funding Boundary Holding realized that the need to carve its proficiency solely and dedicatedly in bridge financing. As it had been a more promising and fruitful source of funding. Successfully endorsing our expertise in providing bridge funding, we actively help firms cross over to sustainability. We provide bridge funding either in equity or convertible notes but which depends exclusively on the requirement of the investee company.
