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