companies

FundamentalVR

Founded 2010
Employees 50+
Primary contact
60 Grays Inn Road
WC1X 8AQ London
United Kingdom
+442071939199
Links
https://www.fundamentalvr.com/
Sections
Technologies
Created by a team of VR, haptic specialists and surgical training experts - FundamentalVR is the company behind Fundamental Surgery, a SaaS platform that combines VR with cutting-edge haptics and AI to create a low-cost and scalable flight simulator experience for trainee and qualified surgeons. Said platform creates an authentic environment complete with real-time feedback that allows users to experience and navigate the same visuals, sounds and feelings they would during a real surgical procedure. FundamentalVR's solution is hardware agnostic and works in conjunction with any modern PC or laptop, a standard VR headset and two haptic arm devices.
Select partners: Mayo Clinic, CMR Surgical, Sana Kliniken, UCLA, UCLH, Rummelsberg Hospital, Teleflex.
Founded 2010
Employees 50+
Primary contact
60 Grays Inn Road
WC1X 8AQ London
United Kingdom
+442071939199
Links
https://www.fundamentalvr.com/
Sections
Technologies

Funding 💰

Total $29.6M
Last round 🔗 $20M
Series B
August 11, 2022.
Select investors EQT Life Sciences, Downing Ventures, Tern, Founders Factory, Brighteye Ventures, EPIC Private Equity, Mayo Clinic

Key people 🧑‍🤝‍🧑

Highlights ⭐

  • Solves a real need: And that would be educating future surgeons, helping turn it into a global endeavor.
  • Growing tech: The use of XR (Extended Reality) technologies (including VR) is growing in healthcare and FundamentalVR is one of the leaders in this market.
  • Accreditation: The only global platform to have achieved educational accreditation from leading medical institutions such as the AAOS and Royal College of Surgeons England.
  • Already deployed: Fundamental Surgery is deployed with medical institutions around the world, including Mayo Clinic and UCLA in the U.S., UCLH in the U.K. as well as Sana and Rummelsberg Hospital in Germany.
  • Expansion: The company has been expanding in Europe and the U.S. and is also looking to reach other markets such as the Middle East.

Video ▶️

Awards & Recognitions 🏆

  • 2022 XR Awards Winner 🔗
  • 2022 Auggie Awards - Best Healthcare and Wellness Solution 🔗
  • 2022 BOLD Awards - Science Award 🔗
  • 2021 National Technology Awards - Virtual or Augmented Reality Product of the Year and Healthcare Tech of the Year 🔗
  • 2021 VR Healthcare of the Year - Finalist 🔗

Quotes 💬

“
We identified early on that FundamentalVR’s team was developing a platform that was very special, a training and data analysis offering which could revolutionize the skills development of surgical practice while at the same time creating a database of significant importance to the industry.
— Tern CEO Al Sisto 🔗
“
With increasingly complex surgical procedures, it is important to provide medical professionals with new methods for surgical skills transfer and continued training and education while managing both the cost and time burden associated with these activities. HapticVR, is a differentiated approach which has already been adopted by a number of high-quality customers, in a short period of time, demonstrating the value that this system can add today.
— Drew Burdon, Partner at EQT Life Sciences 🔗
Last update: June 4, 2023