The power of the crowd
is changing the world
Advancing medical care for patients and developing our health systems constantly demands progress.
We believe in the innovative power of more than 500 million European citizens. They engage. They invest. They impact. They benefit. All of us benefit.
Health doesn‘t know borders.
Thatʼs why weʼve decided to cross them.
Aescuvest and EIT Health join together to unite two big supporters of new technologies and ideas in healthcare. Together we operate the leading platform to foster and crowdfund smart healthcare ideas. This independent launch pad offers digital financing strategies to European start-up-companies and an above-average impact and profit share to European investors.
How it works
The European Union is key driver behind this joint initiative. We are inviting all founders to apply for one of the rare spots on the platform. We are perfect partners for the exclusively chosen start-ups, and assist them to succeed with their crowdfunding campaigns.
Independent experts comprising healthcare professionals, medical legal experts, industry professionals and venture capitalists ensure excellence on the platform.
Due Diligence &
Now it’s time to pitch to the hexagonauts – our in-house scientific, financial and marketing departments to accomplish approval for listing.
Commercial Planning and Campaign Kick-Off
Only the best of the best are turned into crowdfunding campaigns. Our investors will get access to top-notch investment opportunities.
A success story for
crowdfunding and healthcare
Ello is a new kind of walker that greatly increases safety and comfort in everyday life. Its electric drive and its automatic brake easily masters uphill and downhill routes as well as curbs.
It's a revolution for the medical care of victims who have suffered from an accident. This new external fixator reduces the steps of a surgery by 600% and saves vital time.
By the beginning of 2019 we expect hundreds of highly motivated European start-up businesses asking for professional acceleration and financial support. We are perfectly prepared.
Breaking new ground in dermal and transdermal drug delivery by replacing traditional patches and gels with an invisible yet highly effective application system.
Invested Capital in €
Managing Director Medical Valley Solutions"Medical Value by Medical Valley" - according to this mission we incubate innovations in healthcare for more than 10 years. Crowdfunding and aescuvest are contributing more and more to our mission.
Univ.-Prof. Dr. Alexander von Gabain
Chairman of the Supervisory Board"With the initiation of the first European cross-border crowdfunding platform in health, EIT Health fosters novel investment opportunities to build digital bridges from inventors towards private & institutional investors. Thereby every European citizen is enabled to contribute to jointly shape the future of care!"
Dr.-Ing. Kurt Höller, MBA
Director of"Our mission at EIT Health is to sustainably improve healthcare and make healthy living and active aging a reality for all European citizens. We are convinced that ambitious entrepreneurs are the key to disrupt innovation in health. This platform will build bridges between European citizens, healthcare professionals, healthcare innovators and within our EIT Health community!"
Prof. Dr.-Ing. Dr. h.c. mult. Erich R. Reinhardt
Managing Director Medical Valley EMN, former CEO Siemens HealthcareThe crowd is investing "smart money". It means that the crowd campaign can be a combination of money acquisition, "open innovation" product optimization, and marketing and sales tool in an early stage of product development.
Our Community Says
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Launch Campaign: Surge-on Medical
As minimally invasive surgeries are performed through small incisions and the manipulation of rigid surgical instruments is limited, gaining access to the surgical site can be challenging. This is especially true for body cavities difficult to reach such as the human knee joint. Surgeons often struggle with gaining access to the surgical site as well as with the alignment of the instrument tip for manipulation, suturing or cutting of the tissues.
Decreased reachability causes an unnecessary increase in operation time and surgical workflow, as surgeons are forced to exchange instruments up to 20 times per surgery to successfully perform the procedures. Moreover, healthy tissues are at risk, because surgeons can accidentally load the tissues with the instrument too strongly in their efforts to reach the pathologic area with the instrument tip. Finally, a large number of pre-bent instruments are required to be available in each surgery, which leads to high purchase and sterilization costs.
Our innovative solution is the Steerable Punch, a steerable arthroscopic cutter for meniscectomies. The Steerable Punch offers the needed extra reachability in knee joints and replaces the multiple pre-bent cutting tools required per surgery. With it, surgeons could perform arthroscopic knee surgeries with just one instrument as they can now steer the tip towards the damaged tissue. This is achieved by our multi-patented articulation mechanism which allows the tip to steer and simultaneously allows precision cutting of tough tissues. The Steerable Punch is also easy to disassemble for cleaning and sterilization, which opens the possibility to reuse it over a prolonged period against minimal expenses for the hospital. Moreover, the Steerable Punch is intuitive in use and prevents surgeon fatigue.
The expected market value for the Steerable Punch is €273 million. With the steerable technology, Surge-on Medical aims to become the new standard in arthroscopic instruments, owning most of the market for arthroscopic punches.
What makes Surge-on Medical special
The combination of steerability, detachability, and cleanability in the Steerable Punch are essential aspects required in arthroscopic surgery that cannot be found in endoscopic instruments on the market today.
- • Steerability: With its steerable tip, the Steerable Punch can easily reach the surgical site. It replaces multiple pre-bent punches, which reduces surgery time and risk on complications.
- • Detachable: Easy to assemble and disassemble for cleaning and sterilization.
- • Cleanability: Cable-less design easy to clean through standard cleaning methods.
Moreover, Surge-on Medical’s patented steerable technology is the base of a platform of technologies with applications in many fields of surgery. The Steerable Punch is our first product, while the Steerable Grasper (for laparoscopy, with a market value of €1.8 billion) and PoLaRS (a portable surgical robot, with a market value of €3.2 billion) are in development.
Surge-on Medical was founded in 2015 with the aim of providing innovative surgical tools that optimize the performance of the surgeon to enhance the quality of care for the patient. Along these years, Surge-on Medical raised €600,000 that covered the development of the Steerable Punch and started the development of more instruments for laparoscopy and robotic surgery. Surge-on Medical is currently coordinating the first surgeries in patients using the Steerable Punch. After the successful surgeries, Surge-on Medical will start scaling-up the manufacturing, marketing and sales activities with our global partners. To finance the worldwide market launch of the Steerable Punch and the company’s growth into more surgical fields, the company plans to raise at least €3 million at aescuvest.eu.