New growth financing for MedTech company Mercuris
Munich January 2020 — Munich-based medical technology company Mecuris GmbH has successfully completed a new financing round of €3.6 million. In addition to the seed investors Bayern Kapital and High-Tech Gründerfonds (HTGF), the international investment company Mulcan, the life science venture capital investor Vesalius Biocapital and Sana Kliniken AG, one of the top five hospital associations in Germany, are again on board.
A clear yes from the orthopedic technology industry to digitization
The Munich-based start-up has set out to revolutionize orthopedic technology. The Mecuris Solution Platform is the starting point for the decisive change process. This online platform represents a digital workshop with which patient-specific prostheses and orthoses can be designed quickly and easily and realized using 3D printing. The digital process chain behind it enables orthopedic technicians and users to work together to create a device that is optimized in terms of color, shape and function.
The primary goal at Mecuris was initially to familiarize orthopedic technology with the online platform and to digitize traditional craftsmanship — where reasonably possible and time-saving. The company came a great deal closer to achieving this goal last year:
“The development of Mecuris into a provider of digital algorithms is now clearly accepted by partners in orthopedic patient care as a step into the future. In order to consistently continue on this path and due to the milestones achieved in 2019, all investors in the Series A round have decided, as planned, to continue to provide the company with the necessary resources,” says industry expert Johannes Schneider-Littfeld, who took over the chairmanship of the Mecuris Advisory Board in the middle of the year.
In 2020, the field of orthotics will also be digitally
Mecuris will use the funds both to increase its penetration of the European market and to expand its platform in orthotics, which is scheduled for the end of March. From then on, the Digital Prosthetic Workshop for the creation of individual prostheses will be supplemented by the Digital Orthotic Workshop. This provides the orthotist with a simple, intuitive and, above all, time-saving option for creating orthoses completely or using partial steps in a web-based workflow.
About Mecuris GmbH
Mecuris works closely with certified orthotists (OTs) to bring orthotics & prosthetics into the digital age. By bundling 3D technologies in a digital workshop, the online-based Mecuris Solution Platform , Mecuris OTs offers the possibility to design customized orthoses & prostheses in a cost- and time-saving way. This makes their daily work much easier. OTs are enabled on the platform to adapt product ideas to specific patients without CAD design knowledge and to realize design wishes together with the user. This improves the quality of life of the users enormously: they have the chance to quickly become active again and live their individuality. Thanks to CE marking and ISO certification, the products created in the Mecuris digital workshop meet the highest safety standards and are reimbursed by all health insurance companies in Germany.