Active Implants’ primary focus is to provide clinical validation of the NUsurface® Meniscus Implant in the U.S. for patients suffering from knee pain who are without viable treatment options. The NUsurface Meniscus Implant is made from medical grade plastic and, as a result of its unique materials, composite structure and design, does not require fixation to bone or soft tissues. The NUsurface Meniscus Implant mimics the function of the natural meniscus and redistributes loads transmitted across the knee joint. Clinical trials are underway in the U.S., Europe and Israel to verify the safety and effectiveness of the NUsurface Meniscus Implant. It has been used in Europe under CE Mark since 2008 and Israel since 2011.
Overview
Funding Rounds 4
| Date | Series | Amount | Investors |
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| Sep 4, 2013 | Funding round | $8.7M | |
| Jan 10, 2012 | Funding round | $10M | |
| May 29, 2007 | Funding round | $6.7M |
Mentions in press and media 6
| Date | Title | Description |
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| Sep 13, 2013 | Active Implants touts a $26M tranche in support of knee cartilage implant | Orthopedics devices maker Active Implants touted the close of the 1st $8.7 million tranche in a $26 million financing round in support of its NUsurface meniscus implant for repairing damage in the knee. The Tennessee-based company plans to ... |
| Sep 4, 2013 | Active Implants Closes $8.7M Funding | Active Implants LLC, a Memphis, TN-based developer of cushion bearing orthopaedics, closed the first tranche of $8.7m in new funding. The total commitment amounts to $26m. The round was led by View Capital RIA, L.P. and River Street Managem... |
| Jan 10, 2012 | Active Implants Corporation Receives $10M in Convertible Debt | Active Implants Corporation (AIC), a Memphis, Tenn.-based developer of pliable orthopaedic implant technology, has received $10m in convertible debt from existing investors. The company intends to use the funds to focus on completing enroll... |
| Jan 30, 2008 | Life sciences briefing: Wednesday, Jan. 30, 2008 | Arbor Surgical raises $20M for heart devices — Arbor Surgical, an Irvine, Calif., medical-device maker, raised $20 million in a third funding round. Medtronic, the huge medical-device maker led the funding, which was linked to a licensing d... |
| May 29, 2007 | Active Implants, pliable hip-device maker, raises $6.7M tranche | Active Implants, a Memphis, Tenn., maker of hip, knee and spine implants, has raised $6.7 million of an expected $21 million second round of funding, VentureWire reports (subscription required). The company’s investors are mostly small loca... |
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FAQ about Active Implants
When was Active Implants founded?
Active Implants was founded in 2004.
How much funding has Active Implants raised?
Active Implants has raised $35.4M in total across 4 funding rounds.
What funding rounds has Active Implants raised?
Parsers VC lists 4 funding rounds of Active Implants, among them a funding round of $8.7M on Sep 4, 2013, a funding round of $10M on Jan 10, 2012 and a funding round of $6.7M on May 29, 2007.
What has the press written about Active Implants?
Parsers VC has collected 6 articles mentioning Active Implants, among them “Active Implants touts a $26M tranche in support of knee cartilage implant” (Sep 13, 2013) and “Active Implants Closes $8.7M Funding” (Sep 4, 2013).
Is Active Implants still active?
Yes, Active Implants is active; its latest activity on Parsers VC dates from Mar 16, 2017.