Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, June 14 2022 - 21:00
AsiaNet
Proximie Raises $80 Million In Series C Funding To Accelerate Product Expansion Of Full-Service Connected Surgical Platform
LONDON, June 14, 2022 /PRNewswire-AsiaNet/ --

-- Funding round led by Advent Life Sciences. New investors include Emerson 
Collective, SoftBank Vision Fund 2, British Patient Capital, Mubadala and the 
Minderoo Foundation.

-- Proceeds to accelerate development and scale of Proximie's Operating System 
for the Operating Room - a centralized platform delivering connected surgical 
care

Proximie ( https://proximie.com/ ), the global health technology platform 
digitally connecting operating rooms (OR) announces it has successfully raised 
$80 million in a Series C equity financing. The investment follows a year in 
which Proximie saw a significant increase in its Total Contracted Value, 
supported over 13,000 surgeries, and expanded their global footprint to 100 
countries.

Photo - https://mma.prnewswire.com/media/1838600/Proximie_in_action_OR.jpg

Photo - 
https://mma.prnewswire.com/media/1838599/Dr_Nadine_Hachach_Haram_headshot.jpg

The funding round was led by Advent Life Sciences - one of the leading 
trans-Atlantic venture investors building innovative life sciences businesses, 
with participation from new investors Emerson Collective - the impact investor 
founded by Laurene Powell Jobs, SoftBank Vision Fund 2, British Patient 
Capital, Mubadala Investment Company, and the Minderoo Foundation. Existing 
investors F-Prime Capital, Eight Roads, Questa Capital, Global Ventures, and 
Maverick Ventures also participated in the round.

Proceeds will be used to accelerate development of key products and services, 
build out Proximie's marketplace ecosystem and scale their Operating System of 
the OR - a centralized platform delivering connected surgical care. Hospitals 
and surgical centers who leverage Proximie's technology will have access to 
preoperative data that can help inform patient care, real time collaborative 
tools to record, train, and deliver care, and postoperative content management 
tools to capture and distribute content to their colleagues. Taken together, 
Proximie will allow health systems to establish an intelligent, digital layer 
to the OR, enabling them to save time, money, and more lives.

Proximie has been used for cases in surgical specialities at over 500 hospitals 
worldwide. Hospitals have applied Proximie's technology to drive efficiencies 
in the surgical backlog following COVID-19, increased the speed of training 
surgeons while maintaining costs, and built hub and spoke models concentrating 
surgical care and expertise in central locations to reduce the time and costs 
associated with travel.

Dr. Nadine Hachach-Haram, CEO and Founder of Proximie, said:

"Our vision is to democratize surgery through better data by connecting every 
OR and Cath Lab in the world.  We began this journey enabling surgeons to 
virtually join any OR.  Now, we're using this capability to digitize the 
operating room, bringing patients the collective expertise of the best surgeons 
in the world - where data collected and shared on Proximie can help them 
receive life-saving care, no matter where they live."

Five billion people currently lack access to safe surgery, with over 18 million 
people dying every year from lack of access to surgery. Launched in 2016, 
Proximie is a tool allowing surgeons to virtually "scrub in" to any operating 
room in the world, extending the capabilities of top surgeons to areas without 
access to top surgical care. With the COVID-19 pandemic inhibiting travel and 
access, Proximie has grown rapidly, scaling to five continents and over 100 
countries, helping surgeons deliver lifesaving care during a time of healthcare 
disruption. 

Dr. Shahzad Malik, General Partner Advent Life Sciences, said:

"We are delighted to partner with Proximie and a world class group of investors 
as the company expands its global footprint and product capabilities. The 
company is a perfect fit for our ethos of backing best-in-class innovative life 
sciences businesses that have the capability to positively impact human health 
and healthcare delivery in paradigm changing ways."

The successful completion of today's fundraise means Proximie has raised a 
total of $130 million since inception.

John Cassidy, Investment Director at SoftBank Investment Advisers said:

"The pandemic has rapidly accelerated the adoption of virtual clinical care 
globally. Proximie's technology platform combines AI, machine learning, and 
augmented reality to facilitate live sharing of the operating room, creating a 
connected surgical care ecosystem to better support patients and hospitals. We 
are pleased to partner with Dr. Nadine Hachach-Haram and the Proximie team to 
support their mission of saving lives by sharing the world's best clinical 
practices."

Notes to Editors

About Proximie

    -- Proximie is a global health technology platform focused on digitizing 
       operating and diagnostic rooms;
    -- Proximie's mission is to deliver a connected surgical platform to help 
       provide quality surgical care around the globe. Every Proximie 
       procedure can be recorded, analysed and leveraged for future use to 
       help inform best practice;
    -- By connecting operating rooms globally, Proximie is facilitating a 
       rich, insightful data set which naturally feeds best practices into 
       the entire healthcare ecosystem;
    -- Founded by Dr Nadine Hachach-Haram, Proximie has now conducted tens of 
       thousands of surgical procedures and been deployed in over 500 
       hospitals in across 100 countries in five continents;
    -- Proximie has contracts with over 35 major medical device companies – 
       with access to 90% of operating rooms and diagnostic suites in the 
       U.K., U.S., and E.U – and been published in over 20 medical journals;
    -- For more information please visit www.proximie.com or 
       follow @ProximieAR 
       ( 
https://twitter.com/ProximieAR?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor 
) 
        on Twitter.

About Advent Life Sciences

    -- Advent Life Sciences founds and invests in early- and mid-stage life 
       sciences companies that have a first- or best-in-class approach to 
       unmet medical needs
    -- The investment team consists of experienced professionals, each with 
       extensive scientific, medical and operational experience, and a long-
       standing record of entrepreneurial and investment success in the US 
       and Europe
    -- The firm invests in a range of sectors within life sciences, including 
       drug discovery, enabling technologies, digital health, and med tech, 
       with an emphasis on innovative, paradigm-changing approaches
    -- Advent Life Sciences has a presence in the UK, US and France
    -- For more information, please visit www.adventls.com
 
SOURCE Proximie
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