# Lumenis Be

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lumenis-be

- Industry: Medical Devices & Equipment
- Headquarters: Yokneam, Israel
- Website: www.lumenis.com
- Latest round: Seed (Jun 1, 1992)
- Investors on record: 2

## About

Based in Yokneam, Israel, and founded in 1966, Lumenis Be Ltd.(Lumenis), formerly known as E.S.C. — Energy Systems Corporation Ltd., operates as a developer of medical and aesthetic lasers. In January 1996, the company went public trading in the NASDAQ stock exchange under the ticker symbol LUME, raising USD 54 million in an IPO, and in 1997, the firm acquired Galil Medical. Further, the firm, in February 2014, Lumenis Ltd. raised USD 75 million in a private placement, selling 6.25 million shares at USD 12 per share. Lumenis was acquired by Baring Private Equity Asia in February 2020 for approximately USD 1.2 billion and it divested its surgical business to Boston Scientific Corporation in September 2021 for USD 1.07 billion in cash. As of January 2024, the firm is being led by Tzipi Ozer-Armon as its CEO and has a presence in over 100 countries.

Lumenis Be Ltd. develops and commercializes energy-based devices and solutions for minimally invasive ophthalmological, aesthetic, and surgical procedures. The working of equipment is based on various technologies, including Laser, Intense Pulsed Light (IPL), and Radio-Frequency (RF). The firm also provides technical training and certification to field services engineers and distributor services personnel.

## Funding rounds

- Seed, Jun 1, 1992 — Veritas Venture Partners, Medmax Ventures

## Investors

- Veritas Venture Partners (https://capitalatlas.ai/funds/veritas-venture-partners) — Seed
- Medmax Ventures (https://capitalatlas.ai/funds/medmax-ventures) — Seed