Deals in 2009
Sector 3D Medical Simulation Software
Funded by Crescent Capital
ICON Corporate Finance advises Axis Three on its £2m funding round. The investment was led by Crescent Capital with Clarendon Fund Managers and Siemens among the investors who followed their money.
Axis Three creates the standard for predictive surgical simulation. By integrating patented image capture technology developed by Siemens, with its own innovative software, Axis Three delivers a paradigm shift in medical imaging: Precise surface anatomy capture, breakthrough simulation technology, interactive, photo-quality three dimensional (3D) models, and powerful tools that display post surgical results.
Current applications target the cosmetic surgery market and are available for the face and breast; however, future applications will target the medical podiatry/orthopedic sectors and 3D gaming animation.
The company will use the funding to accelerate sales and marketing and to develop software upgrades and new applications.
Axis Three has offices in Belfast, Northern Ireland and Boston, Massachusetts.