big bang factory is happy to share the great news! We have been lucky enough to work with Bodyguard.ai to validate product market fit in the game publishing and social network markets. After a first round of funding in 2019, Bodyguard.ai continues its growth by choosing Keen Venture Partners, Ring Capital and Starquest Capital, for a new round of funding of 9 million euros. …
Author: Vipra Arolkar
DAMAE Medical raises €5M in Series A Financing
DAMAE Medical, a MedTech company developing optical imaging medical devices and AI software platform to help dermatologists manage their patients, announced today the closing of a €5 million Series A financing. Advised by Klever Invest, the round was led by BNP Paribas Développement and followed by the historical investors Kurma Partners and Paris Saclay Seed Fund. The closing of this …
Veranex Announces Acquisition of IMMR
big bang factory is happy to share the great news! We have been lucky enough to work with IMMR on their go-to-market strategy and help them find a cost-effective way to launch in the US. Veranex, the first concept-to-commercialization global service provider dedicated to the MedTech industry, today announced the acquisition of IMMR, a leading preclinical science organization that provides …
A European startup’s guide to raising funds in the US
The fundraising process is arduous and expensive, more than what founders expect and often many a times does not culminate into an investment. According to data compiled by Fundable, merely 0.05% percent receive funding from VCs. Unlike what most European entrepreneurs think, fundraising is not as easy as landing in Silicon Valley and going back in a month or two …
2021 Blog Rewind
What a year 2021 has been! In the midst of the world-wide healthcare crisis, like a phoenix rising from the ashes, we are adapting ourselves to the new normal. With the vaccines rolling out, the 2020 Tokyo Olympics and finally the comeback of in-person events, this year has been nothing short of a rollercoaster! In a similar zestful manner, we …
Institut Curie equips its surgeons and radiologists with AVATAR MEDICAL’s virtual reality medical image solution
It is the first hospital worldwide to buy this state-of-the-art medical image visualization solution. Institut Curie, France’s leading cancer center, combines an internationally-renowned research center with a cutting-edge hospital group. As part of its drive to remain at the forefront of patient care, Institut Curie Hospital group (Paris location) has decided to equip its surgeons and radiologists in its breast cancer …
Tradeshows and how to leverage them
Trade shows have a scale and caliber that helps you meet key opinion leaders of your sector in a condensed amount of time. Studies suggest that it costs approximately 22% less to contact a potential buyer at a trade show than it does through traditional field sales calls. However, the push to go virtual due to the ongoing COVID-19 pandemic …
AVATAR MEDICAL presented as the future of orthopedics visualization at the 2021 AAOS Annual Meeting
On September 2nd, 2021 Dr. Matthew Colman presented AVATAR MEDICAL at the 2021 Annual Meeting of the American Academy of Orthopaedic Surgeons(AAOS) held in San Diego, California. Paris-based, AVATAR MEDICAL has developed a Medical Image VR platform that aims at facilitating the preparation of complex surgeries. As part of his presentation to the AAOS, Dr. Colman presented AVATAR MEDICAL as …
Why should you launch your French MedTech in the United States
Several Medtech startups such as DNA Script, Atlantic Therapeutics, and Congenica have recently crossed the Atlantic in search of a breakthrough in the United States. The common objective of French Medtechs is to deploy their technology internationally. The reason behind their desire to internationalize is to tackle a huge market, take advantage of consumption habits and regulatory aspects, as well …
Understanding your competition in the US
The combination of robust business infrastructure and openness to innovation makes the US seem like a logical next step for many innovative startups abroad. With such a vast opportunity, though, comes more competition. There is nothing more suspicious than a startup with no competition, especially in the U.S.! However, most Europeans underestimate how crowded and loud the US market is, …