What does Osstec do?
Osstec is a London-based joint replacement implants startup that utilizes advanced 3D printing technology to develop innovative orthopedic solutions. The company has patented its technology, which mimics cartilage articulating surfaces and bone-fixing structures, building on a decade of research at Imperial College London.
How much did they raise?
The funding round raised £2.5m and was led by Empirical Ventures. This investment underscores strong confidence in the company's potential to transform joint replacement procedures.
What are their plans for the money?
With the new funds, Osstec aims to launch its products into the market and scale its impact by forming strategic partnerships in the medical field. The investment is expected to accelerate the adoption of its breakthrough knee implant that offers enhanced functionality and superior fixation.
What have they achieved so far?
Osstec has already made significant strides with its first product—a knee implant that combines 3D-printed articulating surfaces with biomimetic cementless fixation, a result of 10 years of research at Imperial College London and supported by patented technology.