Intelligent Implants, Ltd., a health care startup founded in 2014 and based in Ireland, is making waves with its cutting-edge medical device technology. The company's slogan, "smart connected wireless implants to accelerate, control, and monitor bone growth", encapsulates its pioneering focus. They are at the forefront of the intersection between digital medicine and orthopedics, creating innovative electrotherapeutic orthopedic devices to address significant unmet clinical needs. At the heart of Intelligent Implants is its groundbreaking SmartFuse® platform, which represents a wireless-enabled, active implant technology. This platform utilizes an array of electrodes to stimulate, control, and monitor bone growth. The firm's ultimate mission is to leverage the capabilities of SmartFuse® to foster the development of a pipeline of smart orthopedic implants. These implants are aimed at reducing healing times, engaging patients and surgeons, enabling digital surgery/robotics, and ultimately improving outcomes for millions of patients. In a recent landmark, Intelligent Implants secured a significant boost, with a $5.20M investment in a Seed Round on 14 October 2021. This impressive backing came from prominent investors, namely SOSV and The European Innovation Council. The company has been successful in attracting attention and capital from some of the leading players in the investment landscape, positioning itself at the vanguard of innovation within the realm of medical technology.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Seed Round | $5.20M | 2 | 14 Oct 2021 | |
Convertible Note | €3.00M | 1 | 01 Aug 2021 | |
Grant | €2.50M | 1 | 16 Jun 2021 | |
Seed Round | Unknown | 2 | 18 Dec 2019 | |
Seed Round | €1.10M | 1 | 12 Sep 2019 |
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