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TMI BlogDenovo Secures ?1.96 Crore in Funding led by Campus Angels NetworkX X X X Extracts X X X X X X X X Extracts X X X X ..... Denovo Secures ?1.96 Crore in Funding led by Campus Angels Network X X X X Extracts X X X X X X X X Extracts X X X X ..... novo’s efforts in product development, clinical validation, regulatory approvals, and to be ready for the commercialization of the products. Founded in 2020 by Dr. Nikhil Mamoria, a doctor-turned-innovator, Denovo is at the forefront of surgical innovation. Its flagship products, SutureSure®, India’s first automated suturing system, and LapSure®, an advanced laparoscopic suturing tool, are power ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed by the proprietary SmartStitch Technology. These groundbreaking solutions simplify complex wound closure processes, making surgeries faster, safer, and more precise. Denovo holds a robust IP portfolio, including 2 granted patents and 9 pending patents across India, the USA, Europe, and other regions. Denovo’s approach leverages a unique "razor-razor blade" revenue model, combining reusable de ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vices with disposable cartridges to create a sustainable and scalable business framework. The company is targeting a global Total Addressable Market (TAM) of $36 billion, with a Serviceable Obtainable Market (SOM) of $400 million. Leadership Insights Dr. Nikhil Mamoria, Founder and CEO of Denovo, remarked, "This funding marks a significant milestone in our mission to revolutionize surgical care. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... With the support of Campus Angels Network and our investors, we are poised to bring our cutting-edge solutions to market, addressing critical challenges faced by surgeons and improving patient outcomes." Chandran Krishnan, Managing Director & CEO of Campus Angels Network, commented, "Denovo’s innovative technologies align perfectly with our mission to support transformative startups. Their focus ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on advanced wound closure and surgical robotics holds immense potential to redefine surgical care globally. We are excited to partner with Denovo in their journey toward creating a lasting impact in healthcare." Driving Innovation in Surgical Care This funding will enable Denovo to accelerate its go-to-market plans, complete pre-clinical and clinical studies, and achieve key regulatory approvals. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... By leveraging strong partnerships with medical professionals and institutions, Denovo is well-positioned to scale its solutions, making surgeries safer and more efficient worldwide. As a pioneer in India’s surgical robotics space, Denovo is poised to lead the next wave of healthcare innovation. (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no edi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... torial responsibility for the same.). PTI PWR PWR
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