Inovus Medical

Inovus Medical, a surgical simulator specialist, has raised £15 million in a new funding round to accelerate its global expansion and product rollout.

Summary of transaction details:

• Value: £15 million
• Sector: Healthcare & Biotech
• Advisor: None mentioned
• Key Entities: Inovus Medical, NPIF II – PXN Equity Finance, Unorthodox Ventures, Mercia, Hayfin
• Location: St Helens, UK

Note: The investment will allow Inovus Medical to expand its commercial presence in the US and enter new international territories like the Middle East and Asia, supporting the development of advanced surgical training technologies.