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DateInvestorsAmountRound

€500k

Grant

€50.0k

Grant
*

£700k

Seed

£5.6m

Grant
N/A

£100k

Grant
*

$7.0m

Early VC
Total Funding$16.0m

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Inovus Medical designs and manufactures surgical and medical simulation equipment, focusing on laparoscopic surgery and advanced life support. The company serves educational and training institutions, providing them with accessible, affordable, and functional surgical training solutions. Operating in the healthcare simulation market, Inovus Medical's business model revolves around selling high-fidelity laparoscopic box trainers that combine the realism of expensive VR systems with the affordability of traditional box trainers. This approach democratizes access to advanced surgical training, allowing institutions to deliver fully tracked laparoscopic simulations at an unprecedented scale. Inovus Medical generates revenue through the direct sale of these training devices, catering to a wide range of budgets and functionality needs. The company has been recognized for its innovative approach, winning the Trailblazing Tech 2021 Award.

Keywords: surgical training, laparoscopic simulators, medical simulation, healthcare education, advanced life support, affordable training, functional equipment, distance learning, high-fidelity simulation, Trailblazing Tech Award.

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