Neo Medical is a technology and innovation company, developing and commercialising holistic surgical solutions for spine surgery / thoracolumbar fusion

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At a glance
Hospital
Sector: Healthcare
Growth
Vertical: Medtech
Reference market: Thoracolumbar fusion/ spine surgery
Investments
Investment type: Growth Capital
Calendar
Acquisition: 2024
Location
Head office: Switzerland
Team
FTEs: ~60
Tablet displaying AI-powered augmented reality guidance during spinal surgery, illustrating Neo’s innovative surgical platform.

Overview

  • Co-founded in 2013 near Lausanne, Switzerland by Vincent Lefauconnier & Jonas Larsson
  • Developed Neo Universal, a revolutionary surgical platform delivering excellent treatment outcomes for patients and value for hospital systems 
  • Integrates an AI-powered intraoperative augmented reality system 
  • Provides ready-on-demand, pre-sterile surgical instruments & implants

Positive impact to society

Improving patient outcomes in spinal surgery while reducing the environmental footprint of surgical procedures through innovative disposable instrument systems

Investment rationale

  • Differentiated and innovative products, with a clear and proven value proposition for key stakeholders across all fusion indications, and the potential to disrupt the large addressable spine fusion market
  • The mega-trend of surgical decentralisation into Ambulatory Surgery Centers represents a major structural shift. Neo is uniquely positioned to lead this transformation and serve as the platform of choice
  • Proven growth and success in core EU markets, with a plan to accelerate rapidly through US market development