AOT AG closes seed financing round raising CHF 1.6 mio.

The former venture kick winner Advanced Osteotomy Tools, a spinoff of the University Hospital and the University of Basle, develops integrated systems for roboter guided surgery using laser technology. The seed money was provided by EVA – the Basel start-up agency, Zürcher Kantonalbank, and private investors predominantly of the Start Angels Network.

Alfredo Bruno, Founder and CEO of Advanced Osteotomy Tools

«The trust of the investors in our project is encouraging and validates the concept», says Alfredo Bruno, cofounder and CEO.

Help for surgeons to perform complicated operations
Prof. Hans-Florian Zeilhofer, Head of cranio-maxillo-facial surgery at the the University Hospital of Basel, cofounder and board member of AOT comments: «The funding gives us the chance to create a unique system applying cutting edge technology to assist the surgeon in executing complex operations successfully. Our product will be the first to apply laser technology to cut bones and represents therefore a real technological breakthrough.» The start-up combines expertise in laser technology, imaging, navigation and robotics and builds on the intense research at the Hightech Research Center of Cranio-Maxillofacial Surgery (HFZ) at the University Hospital Basel. Medics, physicists, computer scientists, engineers, mathematicians, artists and scientists of different research fields are working there together in interdisciplinary ways.

For the first time investment from Basel and Zurich
«It is the first time that the institutions of the Cantonal Banks of Basel-Stadt, Basel-Landschaft and Zurich join their efforts in supporting a start-up which is an important sign for the Swiss innovation scene» underlines Peter E. Burckhardt, president of AOT and CEO of EVA. Basler Kantonalbank BKB and Basellandschaftliche Kantonalbank BLKB are the major shareholders of EVA. Advanced Osteotomy Tools is a privately owned MedTech company. It is a spin-off of the University Hospital Basel dedicated to the development of medical devices and tools for osteotomy pursuing the vision of «contact-free bone surgery using laser, robotics and navigation systems». The 1st product to be developed, registered and marketed will be an innovative medical device to perform all interventions of Cranio-Maxillo-Facial (CMF) as well as several other complex surgeries of the human body.

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annual report 2015

Mehr als 16 Mio. an Startkapital, über 400 finanzierte Startups, mehr als 896 Mio. an Folgefinanzierungen und 3'434 neue Jobs - dies ist der Erfolgsausweis von Venture Kick seit die private Initiative im Herbst 2007 ins Leben gerufen wurde (Konsortium).

annual report 2015

Eine philanthropische Initiative eines privaten Konsortiums

Wissenschaftliche Innovationen in die Marktwirtschaft zu transferieren und damit nachhaltige Arbeitsplätze zu schaffen ist der Schlüssel für sozialen und wirtschaftlichen Wohlstand. Startups sind besonders in den Anfängen hohen wirtschaftlichen Risiken ausgesetzt, die weder von öffentlichen Geldern, noch von privaten Investoren abgefedert werden. Diese Lücke zu schliessen und Startups in einer sehr frühen Phase zu unterstützen ist wichtig und eine philantropische Aufgabe.