Kellerhals Carrard advises NanoFlex Robotics in its financing round
Nanoflex Robotics, a pioneer in magnetically controlled medical soft robotics, has achieved an initial USD12 million in funding. The company will use the funding to bring its first-generation system to market and to accelerate development of new neuro-interventional products. Nanoflex is a medtech spin-off from ETH Zurich accelerated at Wyss Zurich.
The financing round is led by Ascend Capital Partners, an international venture capital firm focused on investments in MedTech and Mobility early-stage tech companies. It has been also supported by European based family offices, including Kinled Holding, an experienced medical device/robotics investor with a significant track record of identifying successful spin outs from EPFL/ETH, and Mountain Labs, an incubator specialized in funding innovative technology.
Founded in Zurich in 2021, Nanoflex is reinventing the surgical robotic space with remote vascular interventions. Its technology generate and control electromagnetic fields for endovascular navigation of magnetic devices.
The Kellerhals Carrard Startup Desk Team was led by partner Karim Maizar (pictured left) and Marion Wyler (senior associate, pictured right) and further included Umberto Milano (senior associate) and Lisa Schmid (paralegal).
