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STATEMENT: SpinEM Robotics and Spineart forge a strategic alliance through an investment of 10 million euros

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STATEMENT: SpinEM Robotics and Spineart forge a strategic alliance through an investment of 10 million euros

(Information sent by the signatory company)

GENEVA and SAINT-MARTIN D'HÈRES, France, April 30, 2024 /PRNewswire/ -- SpinEM Robotics, a leading cutting-edge technology startup specializing in navigation solutions for robotic spine surgery, is pleased to announce a important milestone in its innovation trajectory. The company has successfully closed a series A2 financing round, securing a strategic investment of €10 million ($11 million) from Spineart, a global leader in innovation in spine surgery.

This investment marks the beginning of an exciting development collaboration between SpinEM Robotics and Spineart. Together, the companies aim to revolutionize the field of spine surgery by combining SpinEM Robotics' advanced robotic assistance and navigation technology with Spineart's expertise in surgical solutions. By focusing on improving precision and eliminating reliance on 3D cameras in navigation and robotics, the partnership will respond to the changing needs of surgeons and patients around the world.

Stéphane Morvan, CEO of SpinEM Robotics, highlighted the importance of this collaboration: "Led by industry visionary Stéphane Lavallée, SpinEM Robotics has developed revolutionary technologies that will redefine the standard of care in spine surgery with navigation and robotics. Our solutions seamlessly integrate human-robot interfaces that improve surgical precision and efficiency."

Jerome Trividic, CEO of Spineart, expressed his excitement about the strategic partnership: "We are delighted to integrate SpinEM Robotics' transformative robotics and navigation technology into our portfolio. This collaboration underscores our commitment to delivering innovative solutions that empower surgeons, hospitals, and, most importantly, enable patients to return to an active life."

This strategic investment not only strengthens SpinEM Robotics' position in the market, but also leverages the synergies between SpinEM Robotics, Spineart and the open platform eCential Robotics.

For more information, contact Channy Em at cem@spineart.com.

About SpinEM Robotics

SpinEM Robotics is a pioneering technology startup specializing in novel surgical robotics and navigation solutions for spine surgery. Founded in 2021, it is a spin-off company of Haventure Medtech Start up Studio. SpinEM Robotics is based in Saint-Martin d'Hères, France.

About SPINEART

Spineart is a global innovation leader in spine surgery, dedicated to accelerating the adoption of cutting-edge technologies for surgeons and hospitals around the world for the benefit of their patients. Recognized for its commitment to quality, innovation and simplicity, Spineart continues to push the boundaries of spine surgery with its comprehensive portfolio of procedural solutions and digital technologies.

Spineart has been awarded the “Prix de l'Economie Genevoise 2022” for its contribution to technological and scientific innovations, commercial activities, job creation and ESG principles.

Visit www.spineart.com and follow us on LinkedIn.

About eCential Robotics

eCential Robotics is a Grenoble company specialized in surgical robotics. Develops and markets a unique system that unifies 2D/3D robotic imaging and real-time navigation. With 100 patents and seven registered trademarks, it pursues a disruptive innovation strategy. It offers orthopedic surgeons and neurosurgeons cutting-edge, easy-to-use technology to visualize their operations, particularly minimally invasive surgery. The eCential Robotics platform is a universal system open to all implants.

eCential Robotics has designed a revolutionary innovation that allows third parties to develop surgical applications on its open platform. Collaborations have been established with several orthopedic manufacturers, as well as startups in the French ecosystem. eCential Robotics is positioning itself as a leader in the rapidly growing surgical robotics sector and aims to become the global leader in open robotic platforms.

Winner of the Bpifrance Worldwide Innovation Challenge in 2018, the company designs and produces all its equipment in Grenoble (France).

Visit www.ecential-robotics.com and follow us on LinkedIn.

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