Swiss Medtech Company Neo Medical Raises $20 million for Its AR Technology
Neo Medical Fresh Funding

Swiss Medtech Company Neo Medical Raises $20 million for Its AR Technology

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The Swiss medical device company, Neo Medical, has raised USD 20.6 million in fresh funding for its augmented reality technology.

Swisscom Ventures led the financing round. The company plans to use the money to accelerate the commercial deployment of its augmented reality platform that helps facilitate spine surgery using artificial intelligence.

Called Advise, the technology “offers for the first time to surgeons real-time intraoperative augmented reality visibility allowing surgical treatments of the spine personalized for each patient operated with the system,” said Vincent Lefauconnier, CEO of Neo Medical.

The new solution works with Neo Medical’s existing platform of implants and optimized instruments, helping create an integrated technology ecosystem consisting of implants, smart instruments, software, and other augmented reality tech.

“Improving surgical systems brings benefits far beyond the operating room. Our technologies are designed to improve all facets of surgery by decluttering operating rooms, reducing the time spent in surgery, improving patient outcomes, as well as reducing costs and the environmental footprint,” said Lefauconnier.

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