"This could be the first signal in a market shift that we have all been waiting for that could open up venture risk-taking and open up the IPO market in H2 2024." --Tiger
website - https://www.restor3d.com/
3D Orthopedic Implant Tech Startup Restor3d Lands $70M Financing (Crunchbase News)
Restor3d, a North Carolina-based maker of 3D printed personalized orthopedic implants, locked up a $70 million financing — even as investors continue to cool on 3D tech startups.
The round includes a $55 million Series A round led by Summers Value Partners and existing investors plus an additional $15 million in debt financing led by Trinity Capital.
“This fundraising round is a testament to the confidence our investors have in restor3d’s vision and potential,” said CEO Kurt Jacobus. “With this capital, we can accelerate our efforts to transform orthopedic care through 3D printed personalized implants.”
The startup plays at a unique intersection of healthcare/biotech, AI and 3D technology. The firm uses biomaterials, 3D-printing technologies and AI to help repair the human body. It is planning to introduce new implant systems for total ankle and shoulder replacements, ...
