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§ Private Profile · Albstadt, Baden-Wurttemberg, Germany
Medical technology company developing surgical implant systems to simplify rotator cuff tear surgery and improve patient outcomes for orthopedic.
Inovedis, based in Albstadt, Baden-Württemberg, Germany, develops surgical implant systems designed to simplify rotator cuff tear surgery and improve patient outcomes. The medical technology company closed a $4 million Series A funding round in October 2023, building on initial seed funding from investors such as High-Tech Gründerfonds, MBG Mittelständische Beteiligungsgesellschaft Baden-Württemberg, and manufacturing partner Renolit SE. Its flagship product, SINEFIX, a rotator cuff repair system, received FDA clearance in Spring 2023, enabling sales exclusively in the US market while European CE Mark approval is pending. The first two patients were treated with the SINEFIX system in a pre-market clinical study in Tübingen, Germany, in December 2023. Inovedis was founded in 2019 by Dr. Stefan Welte and Lukas Flöss.
Inovedis has raised $4.0M across 1 funding round.
Inovedis has raised $4.0M in total across 1 funding round.
Inovedis has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Series A in October 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 5, 2023 | $4M Series A | — | High Tech Grunderfonds, MBG Mittelstndische Beteiligungsgesellschaft Baden Wrttemberg, Renolit, Start UP BW, Volksbank Albstadt ChancenKapital | Announced |
Inovedis has raised $4.0M in total across 1 funding round.
Inovedis's investors include High-Tech Grunderfonds, MBG Mittelstndische Beteiligungsgesellschaft Baden-Wrttemberg, Renolit, Start-up BW, Volksbank Albstadt ChancenKapital.