Zühlke Ventures invests in medical start-up Tenon Technology07.03.2013 10:20
The implant being developed by Tenon has an innovative shape and can be fitted using a simple surgical procedure. The implant stabilises the joint via a press fit, i.e. without the use of screws. A single implant is used for each joint and the operation uses a minimally invasive technique via an easily accessible incision. The operation is simpler, more efficient and carries fewer risks. Patents have been registered internationally.
Tenon has closed a first financing round. The start-up is financed by Zühlke Ventures AG and US investors and entrepreneurs, thereby benefitting from Zühlke’s US medical technology network. According to Martin Rutishauser, Executive Partner at Zühlke Ventures and Chairman of the Tenon board of directors, “This implant has the potential to be a market leader. The product is a perfect fit for Zühlke – it is innovative and builds on the latest medical insights.” The team of investors also has access to a large network of medical and technical partners. The implant is developed in Switzerland by Zühlke Engineering AG in close partnership with influential US research institutes and laboratories.