Gannet

MaterialsSeries AHengelo, Netherlandsgannetimplant.com

Latest round

Series A

Last raised

Dec 2019

Total raised

Undisclosed

Investors

2

About Gannet

V.V. focuses on developing medical devices, particularly for orthopedic applications.Gannet specializes in medical devices, specifically focusing on the fixation of femoral neck fractures through its innovative Gannet fixation system. The core offering, the Gannet implant, is designed to provide optimal stability and promote primary bone healing, addressing high re-intervention rates associated with femoral neck fractures, which can be as high as 33%. The implant utilizes a unique tapping technique rather than traditional screwing, preserving fracture repositioning during surgery. This low-volume implant features expandable anchors and a flat, horizontal surface, enhancing mechanical stability while minimizing the risk of subsidence.Revenue generation for Gannet is structured around direct sales of its flagship Gannet fixation system to hospitals and surgical centers. Transactions are typically business-to-business, with hospitals procuring the implants for surgical procedures. Orders are placed based on inventory needs, often involving bulk purchasing agreements due to the necessity for consistent availability in surgical environments. Pricing plans reflect the advanced technology and clinical benefits of the Gannet system, potentially including volume discounts for larger orders.V. Gannet is actively designing new implants to enhance their product line, with a focus on launching these innovations within the next two years. Additionally, the company plans to expand its presence in regions beyond Western Europe, targeting markets in North America and Asia by 2025.

Who invested in Gannet

2 investors across 2 rounds

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Funding rounds

  1. Series A

    Dec 19, 2019

    Amount

    Undisclosed

    Investors

    Locked

  2. Seed

    Feb 3, 2014

    Amount

    Undisclosed

    Investors

    Locked

Questions about Gannet

Who invested in Gannet?

Gannet has 2 investors 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 Gannet raised?

Gannet has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Gannet last raise money?

Gannet's most recent round on record is a Series A, in Dec 2019.

What does Gannet do?

Gannet is a materials company.

Where is Gannet headquartered?

Gannet is headquartered in Hengelo, Netherlands.

Which VCs invest in companies like Gannet?

Among active investors with capital left to deploy, Mundi Ventures, Partech Partners, Mirova and Anterra Capital back materials companies at Gannet's stage. Their profiles are linked below.

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