Spinal Elements Files for $100 Million IPO

The company posted 2018 and 2019 revenue of $90.8 million and $95.9 million, respectively, growing +5.6% year over year.

28 Funding Announcements in 2020

Seventeen orthopedic companies have announced the closure of new funding rounds since the end of July, bringing the total announcements we've tracked to 28 by mid-September. The number of funding disclosures demonstrates investment interest in orthopedics' smaller companies and novel technologies even amongst COVID-19s hit on the industry.

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Osso VR Closes Series A Funding for VR-Based Surgical Training

With Osso VR's virtual reality surgical training curriculum, surgeons can train and assess themselves on the workflow of procedures at their own pace.

Histogen Gains Funding to Advance Biologic Knee Cartilage Regeneration

The $2 million grant will fund a Phase I/II clinical trial of HST-003 for regeneration of cartilage in the knee.

7D Surgical Closes Financing for Machine-Vision Technology

Financing will provide 7D with the capital to grow existing operations, further develop new products and continue its expansion into international markets.

Spine Align Raises $1.75 Million Series Seed Round

The round supports development and FDA 510(k) clearance for the LiveAlign system in 2021. The platform augments surgery with digital feedback.

NovoPedics’ MeniscoFix Granted Breakthrough Device Designation

The designation and funding from the U.S. DoD will accelerate R&D for the mechanically functional total meniscus replacement that is resorbed by the body.

Biorez Raises $3.5 Million to Advance Tendon and Ligament Repair

The company developed BioBrace material to augment and reinforce a range of tendon and ligament procedures, like rotator cuff repair and ACL reconstruction.

Changmugu Medical Developing Orthopedic AI and Surgical Navigation Solutions

As a strategic partner of Johnson & Johnson Medical, the entities have developed solutions for orthopedic joint digitization and intelligence.

ExsoMed Completes Second Financing Round

Proceeds will drive ExsoMed's fracture repair products for the hand, including launches scheduled for late 2020 and early 2021.