MEDICAL DEVICE NEWS MAGAZINE

Monday, August 15, 2022

MEDICAL DEVICE NEWS MAGAZINE

|

Contact us 561.316.3330

Successful Completion of Series A: EUR 10 Million Investment for Medtech Startup PreciPoint

PreciPoint Group GmbH has successfully closed its Series A financing round of EUR 10 million. Existing investors around bm-t beteiligungsmanagement thüringen gmbh (bm|t) and a new family office are investing in the German MedTech startup.

With this financing round, the expansion of the international commercialization of the first IVD medical product, the market entry in the USA and further technological development will be advanced.

PreciPoint will launch the iO:M8 ROSE solution to customers in 2022, a globally unique solution for the digitization of intraoperative assessments during cancer surgeries. These examinations are traditionally bound to location and time using classic microscopes. PreciPoint’s solutions enable new ways of working, allowing cost savings and better patient care.

PreciPoint produces solutions for the digitization of microscopy and laboratory processes for applications in medicine, research, and education. PreciPoint products meet the highest standards while being easy and quick to use. The company focuses now on the development of technologies for Label-Free Diagnostics, where samples can be viewed without expensive and time-consuming pre-treatment, as well as the development of high-speed product solutions.

Prospects that also convince the investors: “Since our seed investment in 2019, the team around the two co-founders and managing directors Nicolas Weiss and Dominik Gerber has made enormous progress. Renowned distribution partners could be acquired, new products could be developed and successfully placed on the market. At the same time, the prerequisites were created to quickly scale the company. We firmly believe that PreciPoint, as a ISO13485 certified medical device company, will be able to successfully position its product portfolio on the European and American markets,” said Stefan Jahn, Senior Investment Manager at bm|t.

Medical Device News Magazinehttps://infomeddnews.com
Our publication is dedicated to bringing our readers the latest medical device news. We are proud to boast that our subscribers include medical specialists, device industry executives, investors, and other allied health professionals, as well as patients who are interested in researching various medical devices. We hope you find value in our easy-to-read publication and its overall purpose and objectives! Medical Device News Magazine is a division of PTM Healthcare Marketing, Inc. Pauline T. Mayer is the managing editor.
spot_img

Other News of Interest

Executives on the Move

By using this website you agree to accept Medical Device News Magazine Privacy Policy