Comofi Medtech funding
Healthcare-focused robotics startup, Comofi Medtech, has raised INR 2.15 crore in a Seed funding round from JITO Angel Network, a global organization providing investment opportunities in early-stage startups along with CIIE & KIIT TBI.
JITO Angel Network is the only Indian community-based platform focused on new venture investing. The network, today has a solid portfolio in several sectors and has invested in 38+ companies, and taken few Exits.
Launched in 2018, Comofi Medtech Pvt. Ltd is a Bengaluru-based deeptech startup that strives to offer healthcare solutions that enhance health outcomes for patients and improve work performance and safety of healthcare practitioners.
Established with a vision to develop advanced medical technology products in India for the world, it uses mechatronics, robotics, AI, and AR technologies to build its proprietary nGuide platform. nGuideTM enables surgeons to envision the target area in great detail, with higher accuracy and improves surgical efficiency, outcome, and safety of healthcare practitioners.
The freshly raised funds will be used for team expansion, product compliance, certification, and working capital. Comofi Medtech also intends to expand the hospital network, add strategic depth, and accomplish the first few installations in the hospitals.
In the last two months, Comofi has extended the team and manufacturing space for the device and consumables. Device Compliance and IEC 62304 work has been started. “Surgery use cases and technologies are moving towards intra-operative planning. Real-time and more accurate planning is possible due to advancement in medical image processing. We are excited and believe the partnership with JITO Angel Network and other investors on board will help us have deep experience in facilitating innovation and business growth,” said Satish Kalme, Founder, Comofi Healthtech.
“Innovation for the betterment of mankind is the key driver of this century and Technological Innovation in robotic surgery is the future of healthcare. The team is young, multi-disciplinary, and dynamic and has the vision to develop sustainable, reliable, efficient, and economic-yet-innovative solutions. The Next-generation surgical robots will be integral in augmenting a surgeon’s skills effectively to achieve accuracy and high precision during complex procedures. We (JITO Angel Network Members) are happy to contribute towards the same and have Comofi as our portfolio company.” said Abhay Jain (Neon Laboratories), JITO ANGEL NETWORK.
The fresh infusion of capital presents huge growth opportunities for Comofi Medtech.Shishir Gupta, Founder and CEO, StartupLanes
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