Funding news
UpSurgeOn logo

UpSurgeOn Secures $5

Recently funded · $5.4M GrantHospitals and Health CareIT

Get the full UpSurgeOn company profile

Access contacts, investors, buying signals & more

Open in Dashboard

UpSurgeOn, a MedTech company focused on enhancing psychomotor skills through advanced surgical simulations, has announced it has secured $5.4 million in new funding. Founded in 2017 by neurosurgeons Federico Nicolosi, MD, (CEO) and Giannantonio Spena, MD, (Co-founder), the company is headquartered in Milan, Italy, with a branch in the US. This investment marks a significant step in the company's mission to transform surgical education globally.

The company specializes in creating life-like simulations, integrating AR/VR, AI, and performance data collection to improve surgical proficiency. UpSurgeOn supports surgeons, scientific institutions, and medical device companies worldwide by facilitating the transition toward cadaver-free training, aiming to establish an approach similar to flight simulators for surgical learning. Its technologies currently focus on microsurgeries, including neurosurgery, plastic surgery, ENT surgery, maxillofacial surgery, and spine surgery, with plans to scale into additional surgical disciplines.

This capital infusion underscores investor confidence in UpSurgeOn's innovative approach to surgical skill development. The company plans to use the funds to accelerate its growth initiatives, expand its technological capabilities, and broaden its market reach. This strategic investment will support the development of more sophisticated AI-based coaches and true-to-life surgical scenarios, further enhancing surgeons' psychomotor skills without direct patient interaction.

UpSurgeOn's technologies are currently available in 99 countries, serving a network that includes over 300 scientific institutions and more than 100 medtech companies globally. The team comprises a diverse group of experts, including surgeons, digital developers, 3D artists, engineers, and business developers. With this new funding, UpSurgeOn is well-positioned to continue its expansion and solidify its role at the forefront of revolutionizing surgical training worldwide.

Other Italy companies recently funded

View all

Other recent Grant rounds

Companies that recently closed a Grant round.

#CompanyAmount
1
AllSense logo

AllSense

Italy

$5.0M
2
Rice University logo

Rice University

United States

$2.5M
3
Laverock Therapeutics logo

Laverock Therapeutics

United Kingdom

$2.8M
4
Cumberland City Council logo

Cumberland City Council

United States

$150.0K
5
Safran - Equipment logo

Safran - Equipment

France

$17.1M