Formus Labs Ltd.
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Formus Labs Ltd. - overview
Established
2016
Location
Auckland, -, New Zealand
Primary Industry
Software
About
Based in Auckland, New Zealand, and founded in 2016 by its CEO, Ju Zhang, and co-founders Thor Besier, Antonije Velevski, and Justin Fernandez, Formus Labs Ltd. operates as a developer of orthopedic software that uses artificial intelligence and biomechanics to produce 3D models for joint replacement surgeries. In February 2022, Formus Labs Ltd. raised USD 5 million in seed funding led by Global From Day One, with participation from Icehouse Ventures, Pacific Channel, Punakaiki Fund, and Flying Kiwis.
Formus Labs Ltd. offers a cloud-based automated 3D planner platform that integrates biomechanics and AI-enabled machine learning for a 3D model of the joint, facilitating patient-specific implant selection and placement. The platform provides surgeons with insight into the pre-operation planning process and enables them to make informed decisions regarding implants.
Current Investors
Auckland Uniservices Limited, 2040 Ventures, Pacific Channel
Primary Industry
Software
Sub Industries
Chiropractic, Orthopedic & Physical Therapy, Analytics & Performance Software, Application Integration Software, Medical Software
Website
www.formuslabs.com
Verticals
Artificial Intelligence, Cloud Computing, HealthTech
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
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