Company Overview
Snapshot
Founded in December 2016 by Uri Arnin and Yizhar Floman, ZygoFix operates with 1–10 employees. The company has raised $8.96 million across 4 funding rounds from 6 investors. In June 2021, ZygoFix received CE Clearance for its zLOCK Spinal Fusion System.
Business overview
ZygoFix is a Health Tech & Life Sciences company that has developed a minimally invasive, screwless implant for spinal fusion procedures. Its core product, the zLOCK miniature 3D printed implant, utilizes the spine's natural anatomy for stability, aiming to eliminate risks associated with traditional screw-based methods. This technology allows for a simpler, more straightforward procedure that can potentially be performed in an outpatient setting. ZygoFix operates within the Medical Devices sector, serving healthcare providers, clinics, and hospitals globally.
Strategic signal
In June 2021, ZygoFix received CE Clearance for its zLOCK Spinal Fusion System. This regulatory approval is a significant validation for the company, indicating that its innovative screwless spinal fusion technology meets European safety and health standards. For investors, this signals a critical step towards commercialization and market entry in Europe, potentially opening up a substantial new revenue stream and demonstrating the viability of its minimally invasive approach to spinal surgery.
Company Intelligence Q&A
- What is ZygoFix's primary product?
- ZygoFix's primary product is the zLOCK miniature 3D printed implant, designed for minimally invasive, screwless spinal fusion procedures.
- When was ZygoFix founded?
- ZygoFix was founded in December 2016.
- Has ZygoFix received any regulatory approvals for its product?
- Yes, in June 2021, ZygoFix received CE Clearance for its zLOCK Spinal Fusion System.
- Which investors participated in ZygoFix's March 2021 funding round?
- In March 2021, ZygoFix completed a funding round with participation from Agriline and ExitValley.
- What recognition did ZygoFix's zLOCK Facet Fusion System receive in 2017?
- In November 2017, the zLOCK Facet Fusion System was selected as one of the Ten Best New Spine Technologies for 2017 by Orthopedics This Week (USA).