restor3d, a Durham, NC-based company which specializes in 3D printed, personalized orthopedic implants, raised $70M in funding.
The amount consisted of $55M Series A funding round led by private investors including Summers Value Partners and existing investors plus an additional $15M in debt financing led by Trinity Capital.
The company intends to use the funds to accelerate its growth and innovation in several key areas:
- Release of new patient-specific 3D printed implant systems
- Investments in advanced 3D printing technologies
- Investments in software and AI-based automation
- Expanded medical education programs
Led by CEO Kurt Jacobus, restor3d specializes in 3D printed patient specific musculoskeletal implants. It holds proprietary expertise and intellectual property in 3D printing of osseointegrative materials, AI-based planning and design automation tools, and digital health solutions to provide data-backed care to optimize individual patient outcomes.
FinSMEs
05/06/2024