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Surge-on Medical

Funding Target
€500,000
Equity offered
12.74%
Funded 121.4% €607,000

Venture Category: MedTech
Business Phase: Sales Expansion
Professional Investors: 1 VC, 2 Family Offices

A word from the CEO Benno Groosman

To give new and existing crowd investors the chance to benefit from the positive developments at Surge-on Medical, we have decided for another extension of our crowdfunding campaign.

What can we achieve with the money raised

  • Start the large-scale manufacturing of the Steerable Punch
  • Expand the team, to keep up with the increasing demand for our instruments worldwide
  • Additional money raised can be invested in the development of further product lines

What we have already achieved in 2020

  • Final engineering of the Steerable Punch for large-scale manufacturing
  • Steerable Punch registered CE class I since May 12, 2020
  • Demand for new product lines in ENT and spine surgery based on our platform technology: first 3mm diameter prototypes successful

Reasons to invest

  • Innovative: 4 international patents for platform technology, CE registration completed
  • Platform Technology: Scalable product range for many medical applications
  • Award-winning Company: Engineer of the year (2016); Pharma Oscar (2019)
  • Market potential for current instruments: €5.3bn+ worldwide per year

With our products we can help

  • Surgeons: Better handling and workflow
  • Patients: Shorter surgeries, lower risk of tissue damage, faster recovery
  • Hospitals: Cost savings on instruments, cleaning and surgery time

Our current product pipeline

  • Arthroscopy: Steerable Punch (global market launch)
  • Laparoscopy: Steerable Grasper
  • Robotic surgery and remote robotic surgery: PoLaRs and PoLaRs VR

At Surge-on Medical, we believe that surgeons can do more than current instruments allow. With this in mind, we have developed the next generation of minimally invasive surgical instruments. Through our cable-free platform technology, we created freedimensional instruments that provide better access to surgical areas and replace current pre-bent instrumentation. Surge-on Medical has been granted four international patents which make minimally invasive instruments steerable, detachable and cleanable.

Our first product, the Steerable Punch, is an arthroscopic cutter for knee surgery. We’re also developing an advanced laparoscopy line and a portable surgical robot (PoLaRS). All our instruments are based on our patented steerable and cable-free technology, with the potential to grow to more surgical areas to expand our market reach

Surge-on Medical’s Innovation and Its Market Potential

An innovative technology is only useful as long as it fulfills a market need and provides real value to its users. In this regard, we had a talk with Mr. Bart and Niels van Straten, Board of Directors of Van Straten Medical.

Read full story

Arthroscopy: Steerable Punch

The Steerable Punch is the first steerable, detachable and fully cleanable arthroscopic cutter for knee surgery. Steerable arthroscopic instruments drastically reduce the number of pre-bent instruments needed per surgery. In addition, they allow the surgeon to steer towards remote locations with ease.

Key features of the Steerable Punch:

  • Familiar, comfortable and intuitive design for the surgeon
  • Minimal tissue damage for the patients
  • Better performance due to workflow improvement during surgery
  • A steerable instrument replaces current pre-bent instruments in arthroscopy
  • Cable-free instrument design approved and fostered by CSA personnel
  • Easy to clean, to inspect and to reuse
  • CE class I registration completed

Watch the Video

The Need for Steerable Instruments in Surgery

Minimally invasive surgeries are still predominantly performed using handheld instruments. As such, surgeons need appropriate tools to translate elaborate hand motions towards the surgical site through the very small incisions that limit their capabilities.

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Laparoscopy: Steerable Grasper

The Steerable Grasper is the first multi-steerable instrument of our advanced laparoscopic surgery line. Based on our patented steerable mechanism, the Steerable Grasper features freedom wrist function of two degrees in the tip that allows surgeons to perform advanced laparoscopic procedures in an intuitive and ergonomic way.

Watch the Video

What a Surgeon Thinks of Surge-on Medical’s Technology

Innovation just for the sake of innovation is not valuable anymore. The current developments in healthcare must meet a specific market need or fulfill the needs of patients and surgeons.

Read full story

Robotic surgery: PoLaRS and PoLaRS VR

Surge-on Medical is currently developing a surgical robotic system that is portable, cleanable, affordable, and compatible with our steerable instruments: the Portable Laparoscopy Robot System (PoLaRS).

Surge-on Medical is developing a Virtual Reality training system for robotic surgery, the PoLaRS-VR training module. A master robot connected to cutting-edge training software will allow surgeons to develop the skills they need for robotic surgery.

Watch the Video

Funds use and funding levels

The funds will support the large-scale manufacturing and global market launch of the Steerable Punch, along with the further development of the Steerable Grasper and PoLaRS. The funds will also be allocated for R&D activities in new surgical fields and to expand our market reach.

Expand with us

Take your chance and invest now in a company that

  • Has the potential to replace all minimally invasive instruments that are currently on the market for one of our freedimensional instruments
  • Owns the unique know-how on cable-less freedimensional instruments for minimally invasive surgery.
  • Works together with leading surgeons, universities and manufacturers to develop tools according to what surgeons need.
  • Has a very experienced management team combining a track record in entrepreneurship, engineering and commercialization!

Who Are We? Benno Groosman, the Entrepreneurial CEO

Not everyone is brave enough to take the leadership of a ground-breaking start-up like Surge-on Medical. Luckily, we have Benno.

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Who Are We? Tim Horeman, the Disruptive CTO

In a world full of followers, it is not easy to be the one thinking differently. Instead of continuing with the same line of ideas, Tim Horeman dared to radically change the approach to medtech solutions. And we are happy he did.

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Who Are We? Audry Zoncsich, the Ever-Developing COO

It takes tenacity to prove yourself to the world. Seven years ago, Audry decided to leave her comfort zone to pursue greater challenges. Her path eventually led her to Surge-on Medical, an encounter which turned out to be a match made in heaven.

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Latest news about Surge-on Medical:

How Surge-On Medical Defines the Future of Surgery

Defining the future of robotic surgery training and MIS instruments: Surge-on Medical started shaping their own VR trainer to deliver more value to the users.

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Steerable Punch Now with CE Mark

Surge-on Medical has achieved a great milestone this week: The Steerable Punch for knee arthroscopy has been registered and is recognized with the CE mark for Class I medical devices

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Moving Forward Despite the Global Challenges

It was a successful 2019 for Surge-on Medical, as we overcame the equity crowdfunding barrier at Aescuvest.eu, a great way to end the preceding year.

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The Three Pillars of Surge-on Medical’s Business Model

Just in case you are wondering how Surge-on Medical makes money, look no further. We do not solely rely on the unique surgical instruments we are developing. In fact, our patented platform technology enables us to have multiple revenue streams we would like to share with you. So, let’s take a look at Surge-on Medical’s business model that is built on three pillars, namely product sales, IP licenses and contract research.

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Why Is Surge-on Medical’s Technology Unique

With the regulatory recommendations to switch to cleanable and reusable surgical instruments, several medical companies find themselves struggling to adapt. Most of the already established medical companies supply robust and stiff instruments, while others offer a few complex steering systems that must be discarded after being used a couple of times.

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The Added Value of Steerable Instruments in Orthopaedic Surgery

The Operating Room’s Perspective, Part 2: Having the right surgical instruments is crucial not only for surgeons but also for all the hospital staff and health practitioners involved in surgery.

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The Added Value of Steerable Instruments in Orthopaedic Surgery

The Operating Room’s Perspective, Part 1: As Surge-on Medical’s main goal is to empower surgeons, we took on the task of interviewing surgeons and medical practitioners in the orthopaedic area to better understand their perspective on their struggles and their opinion on the Steerable Punch.

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Health Innovators Look to Paris This Week

Every year in December, EIT Health invites health innovators to a big family reunion – the “Summit”. This is where the industry meets at a rather symbolic venue of the summit conference in Paris...

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Surge-on Medical at the Investors Conference in Frankfurt

Dear investors and friends of Surge-on Medical, At Surge-on Medical we think that it’s always a great thing to meet potential investors directly in person in order to pitch our products and vision, and respond to their questions. So, we packed our bags and hit the road.

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What the “Professor of Excellence 2019” of TU Delft Thinks About Our Technology

Another person who was literally instrumental in Surge-on Medical’s formation is Dr. Jenny Dankelman, Professor of Minimally Invasive Surgery and Interventional Techniques at the Biomechanical Engineering Department of the Delft University of Technology.

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Hygiene Matters – The Importance of Cleanable Instruments for Better Healthcare

All surgical instruments must be cleaned, disinfected and sterilized before surgeries, but unfortunately, not all of them can be reprocessed for reuse after a surgery.

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The Journey of the Steerable Punch

The Steerable Punch is an innovative cutter for knee surgery that is taking the arthroscopy field by storm. Its simplistic design and steerable cable-free mechanism seem to be coming out of a surgeon’s (and CSD staff’s!) dream, making everyone wonder why no one had thought of it before.

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The Need for Steerable Instruments in Surgery

Minimally invasive surgeries are still predominantly performed using handheld instruments. As such, surgeons need appropriate tools to translate elaborate hand motions towards the surgical site through the very small incisions that limit their capabilities.

Read full story

A Typical Week at Surge-on Medical

As a still growing company, all of our team members are constantly busy in various fields. We travel a lot to get our products and technology known, to make new connections and foster old ones. This is why the three of us – Audry, Tim and Benno – are very rarely in the same place at the same time.

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Surge-On Medical Receives Award for «Most Innovative Product»

Every year in September, the pharmaceutical and medical industry turn all eyes on Munich. The awards "The Golden Pill" and "The Most Innovative Product", also known as Pharma Oscars, are presented in the “Deutsches Museum”. This year, Surge-on Medical is among the winners in the "Startups" category.

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What a Surgeon Thinks of Surge-on Medical’s Technology

Innovation just for the sake of innovation is not valuable anymore. The current developments in healthcare must meet a specific market need or fulfill the needs of patients and surgeons.

Read full story

A Researcher’s Perspective on Surge-on Medical’s Steerable Platform Technology

Can simplicity and elegance be detrimental in surgical instruments? What is our platform technology’s potential? Why are we the first to craft such an elegant system?

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Now Open for Investments: Surge-On Medical Targets to Raise up to €5 Million

"Scaling and Driving Digital Health Innovation in Europe to the Next Level." This is not only the motto of yesterday's premiere celebration for the launch of Aescuvest.eu, the first pan-European financing platform in the health sector, but rather the goal that we at Aescuvest are pursuing with the launch of our equity crowdfunding platform.

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Surge-on Medical’s Innovation and Its Market Potential

An innovative technology is only useful as long as it fulfills a market need and provides real value to its users. In this regard, we had a talk with Mr. Bart and Niels van Straten, Board of Directors of Van Straten Medical.

Read full story

Surge-on Medical: From the Netherlands to Europe

Hello from Benno, Tim and Audry, from the Netherlands! These are exciting times for healthcare innovations. Every day you are reading about amazing new technologies and equipment that are solving issues that seemed insolvable only a few years ago.

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Surge-on Medical: Anatomy of a European funding campaign

You may know all the startups aescuvest has presented so far but you do not know what happens behind the scenes. This is why today we would like to show you how aescuvest’s scouts and vets start-ups...

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Surge-on Medical Contact & Legal Notices

Additional information documents, in particular the securities prospectus regarding your investment, which contains, among other things, risk warnings, the Terms and Conditions of the Profit Participation Certificates as well as corporate documents and a description of both the Issuer and the Target, the legally required „Information for Consumers“ and the legally required revocation instructions can also be found on our website under the following link: eii.investinhealth.eu