About KB Medical
KB Medical is a Healthcare company based in Lausanne (Switzerland) founded in 2011, and was acquired by Globus Medical in August 2017. Robotic arm is developed for spinal surgery assistance. It operates in the Healthcare, Industrial Goods & Manufacturing, and Technology sectors. KB Medical has raised $6.8 million across 3 funding rounds from investors including Globus Medical, Kinled Holding and Venture Kick. The company was acqui-hired. Its focus areas include High Tech, Professional Service Robots, Surgery and Haptic Technology.
Company details
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.
- Headquarters Lausanne, Switzerland
- Stage Acquired
- SectorsHealthcareIndustrial Goods & Manufacturing Technology
- Email••••••••
- Website kbmedical.com
- Social LinkedIn
- Acquired by Globus Medical (Aug 2017)
- Total Equity Funding$6.8M (USD)
in 3 rounds
- Latest Funding Round$2.51M (USD), Series B
Oct 2016
- InvestorsGlobus Medical
& 2 more
- Acquired byGlobus Medical
(Aug 2017)
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 $6.8M
- Total Rounds 3
- Last Round Series B — $2.51M
- First Round $10,686
(Jun 2011)
- Investors Count 2
All 3 funding rounds of KB Medical with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2016 | $2.51M | Series B | – | – | |
| Oct 2012 | $4.28M | Series A | – | – | – |
| Jun 2011 | $10,686 | Seed | – | Venture Kick | – |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are directed toward life sciences, fintech, and technology-led companies. | kinled.com | Hong Kong, China | ||
University backed startup accelerator | venturekick.ch | Schlieren, Switzerland | ||
Developer of minimally invasive products for musculoskeletal procedures | 2003 | globusmedical.com | Audubon, United States |
Investor details for KB Medical
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- Complete investor list
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- Investor portfolios
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Timeline of KB Medical
4 dated milestones of KB Medical across 6 years, from founding to its latest funding, stage changes and deals.
- Founded KB Medical is founded.
- Funding First funding round of $11K.
- Funding Latest funding round, Series B, of $2.5M.
- Exit Acquired by Globus Medical.
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Frequently Asked Questions about KB Medical
KB Medical was founded in 2011.
KB Medical is headquartered in Lausanne, Switzerland. It is registered at Lausanne, Vaud, Switzerland.
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 2011.
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.
KB Medical has 3 investors. Key investors include Globus Medical, Kinled Holding, and Venture Kick.
Yes. KB Medical was acquired by Globus Medical in August 2017.