4 years ago
Axis Spine Technologies Raises £2.2 Million to Develop Next-Gen Spinal Implants
Axis Spine Technologies, a UK-based spinal medtech startup, has secured £2.2 million in funding led by ACF Investors with follow-on investment from Mercia's EIS funds
The funding will support the launch of the company's new device in the USA and accelerate developments of Oblique, Lateral cage implants, and a highly differentiated access system
Axis Spine Technologies is developing a next-generation Anterior Spinal Implant technology with modular endplates that are inserted in a closed position, atraumatically helping to preserve the vertebral endplate's structural integrity
The company received FDA 510(k) clearance for its first implant system, the Axis-ALIF, in May 2021.
ProblemHealthcare
"Spinal surgeons need better implants to achieve superior and more reliable correction in spinal procedures."
Solution
"Axis Spine Technologies is developing a next-generation modular spinal implant technology that helps surgeons achieve better correction and maintain that correction more reliably than existing devices."