invendo medical is a New York, U.S.A. and Kissing (near Munich), Germany-based manufacturer and distributor of a single-use and computer-assisted colonoscopy system. The company is developing the invendoscope SC20, a market-cleared single-use colonoscope that uses computer-assisted gentle drive technology and a handheld device that applies less force to the colon wall and allows intra-procedural interventions through a working channel. Led by CEO Berthold Hackl, invendo plans to use the new financing to begin industrialization of its invendoscopy system. The funds will also be used to build a marketing and service infrastructure in the U.S. and to support ongoing development projects. The company closed a €20.3m financing round (approximately $28m) to advance these efforts.

Total raised

$28M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2014