In the last week, two European spine devicemakers raised a total of $75.6 million in capital to launch products in the U.S.
1. French devicemaker Companion Spine raised $55 million in series A funding led by New York City-based investment firm Viscogliosi Brothers. Companion Spine aims to develop and commercialize minimally invasive diagnostic and therapeutic products for degenerative disc disease and lumbar spine stenosis.
2. Swiss devicemaker Neo Medical landed $20.6 million in funding led by Swisscom Ventures. The money will help accelerate the commercial release of NeoMedical's Advise system, an augmented reality spine system.