Intelligent Implants raises $8.7M to help you grow a spine
https://techcrunch.com/2021/10/22/intelligent-implants-seed-round/
Spinal surgery is not for the faint of heart at the best of times, but Intelligent Implants raised €7.5 million ($8.7 million) to make spinal surgery less of a pain in the backside. The company’s smart implants’ first application is in spinal fusion surgery — where two or more vertebrae are permanently connected to improve stability, correct a deformity or reduce pain. Globally, more than a million of these surgeries are performed, but they are typically seen as a last resort because of the risk of complications or continued pain after the operation.
Intelligent Implants uses wireless implantable electronics to stimulate, steer and monitor bone growth. The company points out that the current state-of-the-art post-operation management is potentially long-term dependence on physical therapy and/or painkillers. Intelligent Implants is wading into the market to add a more tech-forward solution to the mix.