# eCential Robotics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ecential-robotics

- Industry: Medical Devices & Equipment
- Headquarters: France
- Website: www.ecential-robotics.com
- Total disclosed funding: $12M
- Latest round: Series B (May 31, 2018)
- Investors on record: 2

## About

eCential Robotics is focused on creating innovative robotic surgical solutions for bone surgery, integrating advanced imaging and navigation technologies to enhance surgical precision and patient outcomes.Founded in 2009 and based in France, eCential Robotics develops robotic surgical systems aimed at bone surgery. The company has participated in 4 funding deals, with its latest being a Series C round in August 2021, raising EUR 14.053 mn led by Bpifrance. The founder, Stephane Lavallee, has a history of entrepreneurship in the medical technology sector.eCential Robotics specializes in the development and commercialization of a sophisticated robotic surgical platform designed for bone surgery. This platform integrates 2D/3D imaging, real-time navigation, and robotic assistance, offering surgeons a unified and adaptable solution for various orthopedic procedures. It is compatible with all types of screws from any manufacturer, allowing surgeons to select the most suitable techniques and implants tailored to each patient’s needs. The product is engineered to support a wide range of applications in bone surgery, positioning eCential Robotics as a potential standard in operating rooms. The company's solutions are marketed primarily in North America and Europe, targeting hospitals and surgical centers looking to enhance their surgical capabilities and improve patient outcomes.In 2021, eCential Robotics reported a revenue of EUR 413,052.90 with an EBITDA of EUR -11,167,073.80. The revenue generation model revolves around the sale and integration of its robotic surgical systems into medical facilities, with transactions typically occurring through direct sales to hospitals and service agreements for ongoing support and training. Their flagship product offerings, including the Open Spine Robot, are bundled with software licenses for imaging and navigation capabilities, further supported by long-term collaborations like their recent agreement with Spine Wave.In August 2021, eCential Robotics raised EUR 13.82 million in Series C funding to support its growth initiatives. The company is looking to expand its product line with new robotic solutions designed specifically for advanced orthopedic surgeries. Additionally, eCential Robotics is targeting expansion into new markets across Europe and North America, aiming for a broader reach by 2023. The recent funding will be instrumental in accelerating product development and enhancing marketing efforts to penetrate these new markets.

## Funding rounds

- Series B, May 31, 2018, $12M — Bpifrance, Trail Capital

## Investors

- Bpifrance — Series B
- Trail Capital (https://capitalatlas.ai/funds/trail-capital) — Series B