Fiagon AG Medical Technologies
Latest round
- Series C
Last raised
- Dec 2015
Total raised
- Undisclosed
Investors
- 1
About Fiagon AG Medical Technologies
Fiagon AG Medical Technologies, founded in 2007, operates out of Berlin, Germany, specializing in navigation systems for ENT surgeries. The company's latest significant business change was its acquisition by Intersect ENT Inc. on September 15, 2020, for USD 60 mn.Fiagon specializes in advanced medical solutions for patient registration and navigation systems, primarily within the ENT (ear, nose, and throat) surgical market. The company’s flagship product, the VirtuEye, enables contactless patient registration in under one minute, significantly enhancing the user experience for healthcare professionals. Utilizing an electromagnetic navigation system, Fiagon's tools ensure that both complex and routine surgeries are executed with precision and efficiency. The company’s instruments are designed to adapt to individual patient anatomies, facilitating accurate navigation while also incorporating multifunctional capabilities such as suction and tactile feedback.Fiagon's revenue model primarily consists of direct sales to healthcare institutions, where transactions involve the purchase of their navigation instruments and associated services. The company engages in B2B relationships with hospitals and surgical centers, providing tailored solutions that enhance surgical outcomes. Transactions typically encompass the acquisition of flagship products like the VirtuEye, along with necessary accessories, potentially bundled into comprehensive packages to meet specific client needs. Pricing structures are designed to reflect the value and capabilities of their advanced navigation systems, aiming to support healthcare providers in efficient and effective surgical procedures. The company is also looking to expand into additional European markets and North America by 2022, leveraging the resources from the USD 60 mn acquisition deal to enhance its product offerings and market presence.
Who invested in Fiagon AG Medical Technologies
1 investor across 2 rounds
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Questions about Fiagon AG Medical Technologies
Who invested in Fiagon AG Medical Technologies?
Fiagon AG Medical Technologies has 1 investor on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Fiagon AG Medical Technologies raised?
Fiagon AG Medical Technologies has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Fiagon AG Medical Technologies last raise money?
Fiagon AG Medical Technologies's most recent round on record is a Series C, in Dec 2015.
What does Fiagon AG Medical Technologies do?
Fiagon AG Medical Technologies, founded in 2007, operates out of Berlin, Germany, specializing in navigation systems for ENT surgeries.
Where is Fiagon AG Medical Technologies headquartered?
Fiagon AG Medical Technologies is headquartered in Berlin, Germany.
Which VCs invest in companies like Fiagon AG Medical Technologies?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back medical devices & equipment companies at Fiagon AG Medical Technologies's stage. Their profiles are linked below.
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