Proximie, a London-based healthtech platform that digitally connects Operating Rooms (OR) has raised $80M in a Series C equity round led by Advent Life Sciences. To date, the company has raised a total funding of $130M.
Other investors, including Emerson Collective, SoftBank Vision Fund 2, British Patient Capital, Mubadala Investment Company, the Minderoo Foundation, F-Prime Capital, Eight Roads, Questa Capital, Global Ventures, and Maverick Ventures, also participated in the round.
The UK company will use the funds to accelerate the development of key products and services, build out the marketplace ecosystem, and scale the Operating System of the OR.
Dr. Nadine Hachach-Haram, CEO and Founder of Proximie, says, “Our vision is to democratise surgery through better data by connecting every OR and Cath Lab in the world. We began this journey by enabling surgeons to virtually join any OR. Now, we’re using this capability to digitise the operating room, bringing patients the collective expertise of the best surgeons in the world – where data collected and shared on Proximie can help them receive life-saving care, no matter where they live.”
Expands virtual surgical collaboration
Founded by Nadine Haram in 2016, Proximie is a software solution that expands virtual surgical collaboration enabling surgeons to share expertise using augmented reality tools before, during, and after surgery.
The company is on a mission to deliver a connected surgical platform to help provide quality surgical care globally. Every procedure through this platform can be recorded, analysed, and leveraged for future use to help inform best practice, says the company.
During the COVID-19 pandemic, the platform has grown rapidly, scaling to five continents and over 100 countries, helping surgeons deliver lifesaving care during a time of healthcare disruption.
Currently, the company has contracts with over 35 major medical device companies – with access to 90% of operating rooms and diagnostic suites in the UK, US, and EU – and has been published in over 20 medical journals.
Dr. Shahzad Malik, General Partner Advent Life Sciences, says, “We are delighted to partner with Proximie and a world-class group of investors as the company expands its global footprint and product capabilities. The company is a perfect fit for our ethos of backing best-in-class innovative life sciences businesses that can positively impact human health and healthcare delivery in paradigm-changing ways.”
John Cassidy, Investment Director at SoftBank Investment Advisers says, “The pandemic has rapidly accelerated the adoption of virtual clinical care globally. Proximie’s technology platform combines AI, machine learning, and augmented reality to facilitate live sharing of the operating room, creating a connected surgical care ecosystem to better support patients and hospitals. We are pleased to partner with Dr. Nadine Hachach-Haram and the Proximie team to support their mission of saving lives by sharing the world’s best clinical practices.”