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ONWARD Medical logo — Empowering Movement

ONWARD Medical

Empowering Movement

Founded 2014 The Netherlands The Netherlands 155 employees Post Ipo Debt Total: $136.47M Biotechnology, Health Care +3

General Information

Company Name ONWARD Medical
Founded Year 2014
Location The Netherlands The Netherlands +3
Employees 155
Industries Biotechnology, Health Care, Health and Wellness +2
Funding Stage Post Ipo Debt
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About ONWARD Medical

Onward is a medical technology startup with a mission to restore movement, function, and independence in individuals with spinal cord injuries. The company's innovative ARC Therapy, offered through implantable (ARC-IM) or external (ARC-EX) systems, delivers targeted spinal cord stimulation to enhance movement and other functions, aiming to improve the quality of life for those with spinal cord injuries. Notably, Onward Medical has received nine Breakthrough Device Designations from the U.S. FDA for both ARC-IM and ARC-EX. The company reported positive top-line data from its pivotal study, Up-LIFT, assessing the efficacy of transcutaneous ARC Therapy to enhance upper extremity strength and function. Onward Medical has completed its first-in-human use of the ARC-IM neurostimulator and is now preparing marketing approval submissions for the U.S. and Europe. Founded in 2014, Onward Medical is based in Eindhoven, the Netherlands, with a Science and Engineering Center located in Lausanne, Switzerland, and a growing presence in the U.S. in Boston, Massachusetts. The company has a notable academic partnership with .NeuroRestore, a collaboration between the Swiss Federal Institute of Technology (EPFL) and Lausanne University Hospital (CHUV). In March 2024, Onward Medical secured a significant €20.00MPost-IPO Equity investment. The investors involved in this funding round include Life Science Partners, Inkef, Grégoire Courtine, Kristina Dziekan, Fred Colen, Lorenzo Fanti, Robert O'Dell, Ian Curtis, Dave Marver, and Jocelyne Bloch. This recent investment demonstrates the confidence that prominent industry professionals and investment firms place in Onward Medical's innovative technologies and its potential to make a meaningful impact in the biotechnology and healthcare industries.

Taxonomy: spinal cord injuries, neuroscience, spinal cord stimulation, FDA Breakthrough Device Designations, implantable technology, external stimulation, pivotal study, transcutaneous therapy, neurostimulator, academic partnership, rehabilitation, neurological disorders, real-time motion feedback, training tools

Funding Rounds & Investors (12)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Debt •••••• 1
Investor
28 Jun 2024
Post-IPO Equity •••••• 10
Investor Investor Investor Investor
•••• •••• 		20 Mar 2024
Grant •••••• 1
Investor
16 Jun 2022
Venture Round •••••• 6
Investor Investor Investor Investor
•••• •••• 		22 Apr 2021
Grant •••••• 1 •••• •••• 19 Mar 2019

View All 12 Funding Rounds

ONWARD Medical Alternatives & Competitors

ONWARD Medical vs
Rehabtronics
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ONWARD Medical vs
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ONWARD Medical vs
Abilitech Medical, Inc.
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FAQ About ONWARD Medical

Empowering Movement
ONWARD Medical was founded in 2014.
ONWARD Medical is headquartered in The Netherlands.
ONWARD Medical operates in the following industries: Biotechnology, Health Care, Health and Wellness, Manufacturing, Medical Devices.
ONWARD Medical has approximately 155 employees.
ONWARD Medical has completed 12 funding rounds, raising a total of $136.47M. The latest funding stage is Post Ipo Debt.
Top alternatives and competitors to ONWARD Medical include Rehabtronics, Nalu Medical, Inc., Abilitech Medical, Inc., MYOLYN, Nevro. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ONWARD Medical and Rehabtronics are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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