Following a successful round on SyndicateRoom in 2016, OR Productivity raised £499,999 in July 2016.
Increasingly, hospitals are favouring minimally invasive treatments, using keyhole technology to reduce the pain and risks that come with traditional surgery.
OR Productivity has developed FreeHand, a patent-protected, clinically proven robotic camera holder for keyhole surgery. It lets surgeons to directly control what they are seeing during operations; reducing operating times, surgeon fatigue, and costs.
This round was lead by Charles Breese, a sophisticated investor and fund manager with more than 30 years' experience in the finance industry. He comments:
Freehand is proving to be a very flexible platform product, which the development team can readily tailor to meet the needs of both clinicians and hospitals in different markets. I share the ORP team’s view that Freehand will become a standard of care globally, particularly as 3D cameras become more widely adopted.
A SyndicateRoom member who invested in ORP had this to say about the company:
I think this company has the potential to establish a powerful position in the area of, as the name implies, operating room productivity, saving the time of scarce clinical specialists and improving the outcomes of operations.