Bolt Navigation, a Concord, MA-based developer of Handheld Surgical Navigation systems, closed its Series B financing.
The round was led by Grand Oaks Capital, the investment group for the family office of Paychex founder Tom Golisano, with participation from Impact Capital of New York. Tom Bonadio, Impact Capital’s General Partner and Chairman of Board of Directors at The Bonadio Group, will join the company’s board.
The capital will be used to support commercialization of the Bolt Navigation System in the U.S., EU and other markets, ongoing and new clinical studies, and expansion of the Bolt technology platform into additional indications.
Led by Patrick West, Chief Executive Officer, Bolt provides handheld products that empower and enhance a surgeon’s capabilities with technology that meaningfully reduces radiation exposure, fits into the surgical workflow, and are cost-effective and implant agnostic.
FinSMEs
22/01/2024