About KB Medical
KB Medical is a company based in Lausanne (Switzerland) founded in 2011 was acquired by Globus Medical in August 2017.. KB Medical has raised $6.8 million across 3 funding rounds from investors including Globus Medical, Kinled Holding and Venture Kick. KB Medical operates in a competitive market with competitors including Intuitive, Auris Health, Brainlab, Corindus Vascular Robotics and PROCEPT BioRobotics, among others.
- Headquarter Lausanne, Switzerland
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Sectors
HealthcareIndustrial Goods & Manufacturing Technology
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.8 M (USD)
in 3 rounds
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Latest Funding Round
$2.51 M (USD), Series B
Oct 25, 2016
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Investors
Globus Medical
& 2 more
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Employee Count
Employee Count
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Acquired by
Globus Medical
(Aug 02, 2017)
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Funding Insights of KB Medical
KB Medical has successfully raised a total of $6.8M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $2.51 million completed in October 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $2.5M
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First Round
First Round
(01 Jun 2011)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2016 | Amount | Series B - KB Medical | Valuation |
investors |
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| Oct, 2012 | Amount | Series A - KB Medical | Valuation |
investors |
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| Jun, 2011 | Amount | Seed - KB Medical | Valuation | Venture Kick |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in KB Medical
KB Medical has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Globus Medical, Kinled Holding and Venture Kick. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments are directed toward life sciences, fintech, and technology-led companies.
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Founded Year | Domain | Location | |
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University backed startup accelerator
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Founded Year | Domain | Location | |
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Developer of minimally invasive products for musculoskeletal procedures
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by KB Medical
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - KB Medical
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kb Medical Comparisons
Competitors of KB Medical
KB Medical operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Intuitive, Auris Health, Brainlab, Corindus Vascular Robotics and PROCEPT BioRobotics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Robotic-assisted surgical systems are developed for minimally invasive procedures.
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| domain | founded_year | HQ Location |
Robotic microsurgical systems for endoscopy are developed.
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| domain | founded_year | HQ Location |
Software and integrated solutions for surgical and radiotherapy applications
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| domain | founded_year | HQ Location |
Remote robotic systems for vascular interventional procedures are developed.
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| domain | founded_year | HQ Location |
Robotic waterjet system for prostate tissue removal is developed.
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| domain | founded_year | HQ Location |
Robotic guidance systems for spine surgery are manufactured and utilized.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about KB Medical
When was KB Medical founded?
KB Medical was founded in 2011.
Where is KB Medical located?
KB Medical is headquartered in Lausanne, Switzerland. It is registered at Lausanne, Vaud, Switzerland.
Is KB Medical a funded company?
KB Medical is a funded company, having raised a total of $6.8M across 3 funding rounds to date. The company's 1st funding round was a Seed of $10.69K, raised on Jun 01, 2011.
What does KB Medical do?
KB Medical was founded in 2011 in Lausanne, Switzerland, as a spinoff from EPFL and is privately funded. A robotic arm and software platform are provided to assist surgeons in neuro, spinal, and orthopedic procedures. Haptic steering and 6-axis force feedback are featured, along with integration of standard instruments. The system is designed for minimally invasive surgery and includes imaging and navigation equipment.
Who are the top competitors of KB Medical?
KB Medical's top competitors include Brainlab, PROCEPT BioRobotics and Auris Health.
Who are KB Medical's investors?
KB Medical has 3 investors. Key investors include Globus Medical, Kinled Holding, and Venture Kick.