LEM Surgical

Overview
News
Next-gen Medical Devices?
Product stageSegments
Minimum Viable Product
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Non-implantable surgical devices
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LEM Surgical is a surgical robotics company based in Bern, Switzerland, developing a next-generation robotic system called "Sapien" for spinal surgery. The company's primary focus is to surpass the capabilities of existing robotic platforms by introducing game-changing features that significantly enhance clinical utilization. LEM Surgical has a fully functional Sapien system undergoing further advancements to accelerate regulatory approvals.

The Sapien system aims to revolutionize spinal surgery by offering advanced robotic assistance, addressing the limitations of current commercially available solutions that have relatively low adoption rates due to their restricted functionality and clinical value. With an expert team of 20 individuals, LEM Surgical is progressing rapidly in the development of Sapien to introduce innovative capabilities tailored for spinal procedures.

After securing the necessary validations and certifications, LEM Surgical plans to launch Sapien initially in the US market, followed by Switzerland and other countries. The company raised CHF 8.7 million in a Series A funding round led by Ypsomed Group CEO Simon Michel in December 2022. This funding is intended to expedite product development and prepare relevant documentation for FDA submission, expected in early 2024.

In January 2024, LEM Surgical successfully completed a Series B funding round, securing CHF 22 million from new investors in the US and Switzerland. This substantial capital injection will propel the advancement of Sapien and position the company for FDA submission in the second half of 2024.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
Murtenstrasse 143a Bern CHE
Founded year:
2021
Employees:
11-50
IPO status:
Private
Total funding:
USD 35.2 mn
Last Funding:
USD 25.9 mn (Series B; Jan 2024)
Last valuation:
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