German medtech startup Inovedis raises $4M for US expansion

Inovedis is a medical technology start-up dedicated to offering innovative solutions that contribute both to optimized patient care as well as minimizing the complexity of surgical interventions. Here are details of Inovedis’s latest funding round :

🚀 Launch

2019

🏭 Industry

Medical Equipment Manufacturing

🧠Management

Lukas Flöß, Stefan Dr. med. Welte

💸 Funding & Investors

  • INVESTMENT (October 2023) : $4 Million (Series A)
  • INVESTORS : This funding was supported by participation from all of Inovedis’s initial seed round investors including High-Tech Gründerfonds, MBG Mittelständische Beteiligungsgesellschaft Baden-Württemberg, Volksbank Albstadt ChancenKapital, Start-UP BW Innovation Fonds, angel investors, and an initial investment by Renolit SE, the current manufacturer of the SINEFIX implant. 
  • PREVIOUS FUNDING : EUR 1.8 million, led by High-Tech Gründerfonds (June 2021)

🎯 Funding purpose

US expansion

🌐 Country HQ

Germany (Albstadt)

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