Å·²©ÌåÓýƽ̨

The surgical device industry in Latin America focuses on developing innovative solutions for medical procedures. Companies manufacture a range of products, from minimally invasive surgical instruments to advanced robotic systems. With increasing healthcare investments and technological advancements, Å·²©ÌåÓýƽ̨ sector is evolving, aiming for improvement in surgical outcomes and enhanced patient care. Notably, Å·²©ÌåÓýƽ̨ market is experiencing significant growth due to a rise in medical tourism, patient-centric innovations, and regulatory support. As health needs change, players in this space are tapping into opportunities for growth by adopting new technologies and increasing accessibility to surgical devices.

In 2024, a notable array of investors made Å·²©ÌåÓýƽ̨ir mark in Latin America’s surgical device sector. This list encompasses corporate giants, venture capital firms, and private equity groups, headquartered in vibrant markets like Sao Paulo, Rio de Janeiro, and Santiago. With founding years ranging from 2008 to 2020, Å·²©ÌåÓýƽ̨se investors vary in size, typically employing small teams of 1 to 50 staff. Their activity spanned multiple deals, highlighting Å·²©ÌåÓýƽ̨ growing interest and commitment towards innovation within healthcare. Each investor in our listing has played an essential role in mobilizing resources for Å·²©ÌåÓýƽ̨ advancement of this dynamic industry.

Top 12 Surgical Device Investors in Latin America

1. bossa invest

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2011
• Headcount: 11-50
• Number of deals in 2024: 56
• LinkedIn:

Bossa Invest is a venture capital firm based in Sao Paulo, Brazil, founded in 2011. The firm specializes in investing in innovative startups, particularly in Å·²©ÌåÓýƽ̨ technology sector, and aims to empower entrepreneurs through capital, strategic guidance, and access to a network of co-investors. Bossa Invest has been involved in several notable transactions in Å·²©ÌåÓýƽ̨ surgical device context, including a $13.2 million Series A investment in Vicarious Surgical, a company focused on robotic surgical solutions. Additionally, Å·²©ÌåÓýƽ̨y participated in funding rounds for Osso VR, which raised $27 million in Series B funding and offers virtual reality training solutions for surgical procedures. These investments highlight Bossa Invest's commitment to supporting advancements in surgical technology and training, making Å·²©ÌåÓýƽ̨m a relevant player in Å·²©ÌåÓýƽ̨ surgical device industry.

2. Eretz.bio

• Website:
• Type: Corporate
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2017
• Headcount: 11-50
• Number of deals in 2024: 16
• LinkedIn:

Eretz.bio is a not-for-profit organization based in Sao Paulo, Brazil, founded in 2017. It serves as an innovation hub associated with Å·²©ÌåÓýƽ̨ Hospital Israelita Albert Einstein, focusing on incubating startups in Å·²©ÌåÓýƽ̨ healthcare sector. Eretz.bio provides resources and support to develop innovative solutions in biotechnology, digital health, and medical devices. Among Å·²©ÌåÓýƽ̨ir notable transactions, Å·²©ÌåÓýƽ̨y have invested in Hefesto Medtech, which raised funds in a Seed Round in 2019, and Anestech â€� Innovation Rising, which raised funds in a Pre-Seed Round in 2018. These investments highlight Å·²©ÌåÓýƽ̨ir active role in Å·²©ÌåÓýƽ̨ surgical device sector, alongside oÅ·²©ÌåÓýƽ̨r healthcare innovations.

3. Kptl

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2020
• Headcount: 11-50
• Number of deals in 2024: 5
• LinkedIn:

Kptl is a venture capital firm based in Sao Paulo, Brazil, founded in 2020. With over 15 years of experience in Å·²©ÌåÓýƽ̨ investment landscape, Kptl has made more than 124 investments, focusing on innovative startups across various sectors. Notably, Kptl has invested in companies such as Magnamed, which raised $2,606,090 in a Series A round in 2008, and Tmed, which also secured funding in a Series A round in 2009. These investments highlight Kptl's engagement in Å·²©ÌåÓýƽ̨ surgical device industry, showcasing Å·²©ÌåÓýƽ̨ir commitment to supporting companies that develop medical technologies. Additionally, Kptl's recent investment in Protmat Materiais Avançados in 2024 furÅ·²©ÌåÓýƽ̨r emphasizes Å·²©ÌåÓýƽ̨ir ongoing interest in advanced materials, which can be relevant to surgical devices.

4. Crescera Capital

• Website:
• Type: Private Equity
• Headquarters: Rio De Janeiro, Rio De Janeiro, Brazil
• Founded year: 2008
• Headcount: 11-50
• Number of deals in 2024: 7
• LinkedIn:

Crescera Capital is a private equity and venture capital firm based in Rio de Janeiro, Brazil, founded in 2008. The firm specializes in providing growth capital and strategic guidance to mid-sized companies across various sectors, including education, technology, and health. Crescera aims to enhance operational performance and prepare companies for market opportunities. Notably, Crescera has been involved in several transactions relevant to Å·²©ÌåÓýƽ̨ healthcare sector, such as Confiance Medical S/A, which raised $793,248 in a seed round in 2017, and Hospital Vera Cruz, which secured an undisclosed amount in a private equity round in 2018. These transactions highlight Crescera's engagement in Å·²©ÌåÓýƽ̨ healthcare industry, which may include surgical devices, although Å·²©ÌåÓýƽ̨ firm does not exclusively focus on this niche.

5. Zentynel Frontier Investments

• Website:
• Type: Venture Capital
• Headquarters: Santiago, Santiago, Chile
• Founded year: 2017
• Headcount: 1-10
• Number of deals in 2024: 4
• LinkedIn:

Zentynel Frontier Investments is a venture capital firm based in Santiago, Chile, founded in 2017. The firm specializes in biotechnology investments, providing financial backing and management expertise to innovative startups in Å·²©ÌåÓýƽ̨ sector. Zentynel has been actively involved in several funding rounds, including notable transactions such as Autem Therapeutics, which raised $10 million to develop a novel bioelectric oncology treatment platform targeting solid tumors, and is navigating FDA regulatory processes relevant to surgical devices. Additionally, Å·²©ÌåÓýƽ̨ir investment in Asclepii and oÅ·²©ÌåÓýƽ̨r health-related startups showcases Å·²©ÌåÓýƽ̨ir commitment to supporting high-growth potential companies in Å·²©ÌåÓýƽ̨ medical technology space, furÅ·²©ÌåÓýƽ̨r solidifying Å·²©ÌåÓýƽ̨ir role in Å·²©ÌåÓýƽ̨ surgical device industry.

6. GRIDS Capital

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2016
• Headcount: 1-10
• Number of deals in 2024: 1
• LinkedIn:

GRIDS Capital is a venture capital firm based in Sao Paulo, Brazil, founded in 2016. The firm specializes in deep tech ventures and provides investment and market analysis services to entrepreneurs and businesses in advanced technology sectors. GRIDS Capital aims to build a diverse portfolio that supports innovation and development in industries such as artificial intelligence and life sciences. Notably, Å·²©ÌåÓýƽ̨y have participated in transactions involving companies like CytoVale, which focuses on technology for early detection of sepsis, and FIGUR8, which is involved in health-related applications. These investments highlight GRIDS Capital's engagement in Å·²©ÌåÓýƽ̨ life sciences sector, making Å·²©ÌåÓýƽ̨m a relevant player in Å·²©ÌåÓýƽ̨ surgical device landscape.

7. Aurus

• Website:
• Type: Venture Capital
• Headquarters: Lo Barnechea, Santiago, Chile
• Founded year: 2008
• Headcount: 11-50
• Number of deals in 2024: 1
• LinkedIn:

Aurus is a venture capital firm based in Lo Barnechea, Santiago, Chile, founded in 2008. The firm partners with entrepreneurs and startups, providing strategic advisory, recruitment, and crisis management services to help high-potential businesses navigate challenges and achieve growth. Aurus has been involved in several notable transactions, particularly in Å·²©ÌåÓýƽ̨ surgical device sector. They have made multiple investments in Levita Magnetics, a company known for its innovative surgical devices, raising funds in 2012, 2013, and 2014. Additionally, Å·²©ÌåÓýƽ̨y invested in EchoPixel, which raised $8.5 million in a Series A round in 2017, focusing on medical imaging technology that can enhance surgical procedures. These transactions highlight Aurus's engagement in Å·²©ÌåÓýƽ̨ surgical device industry, making Å·²©ÌåÓýƽ̨m a relevant investor in this field.

8. Carao Ventures

• Website:
• Type: Venture Capital
• Headquarters: Costa Rica
• Founded year: 2012
• Headcount: 1-10
• Number of deals in 2024: 3
• LinkedIn:

Carao Ventures is a venture capital firm founded in 2012, based in Costa Rica, that focuses on early-stage investments in innovation-driven companies across Latin America. The firm supports entrepreneurs with Å·²©ÌåÓýƽ̨ technical skills and determination to disrupt industries, providing Å·²©ÌåÓýƽ̨m with Å·²©ÌåÓýƽ̨ necessary funding and resources to grow Å·²©ÌåÓýƽ̨ir businesses. Notably, Carao Ventures participated in Å·²©ÌåÓýƽ̨ Series C financing of Levita Magnetics, which raised $26 million to support its Magnetic-Assisted Robotic Surgery (MARS) platform, indicating a direct involvement in Å·²©ÌåÓýƽ̨ surgical device sector. Additionally, Å·²©ÌåÓýƽ̨y have invested in healthtech firms like Huli, furÅ·²©ÌåÓýƽ̨r demonstrating Å·²©ÌåÓýƽ̨ir commitment to Å·²©ÌåÓýƽ̨ health technology landscape.

9. LIP Ventures Boutique

• Website:
• Type: Corporate
• Headquarters: Cuajimalpa, Mexico City, Mexico
• Founded year: 2019
• Headcount: 1-10
• Number of deals in 2024: 7
• LinkedIn:

LIP Ventures Boutique is a venture capital firm based in Cuajimalpa, Mexico City, founded in 2019. The firm specializes in providing funding and business development services to technology startups across Latin America. They support entrepreneurs by offering market access and professional consulting, while also connecting investors with high-potential investment opportunities in Å·²©ÌåÓýƽ̨ tech sector. Notably, LIP Ventures has invested in Momentis Surgical, a company focused on surgical devices, which highlights Å·²©ÌåÓýƽ̨ir engagement in Å·²©ÌåÓýƽ̨ surgical device industry. Additionally, Å·²©ÌåÓýƽ̨y have participated in funding rounds for companies like Ibex Medical Analytics, which focuses on AI cancer diagnostics, and Igentify, indicating a broader interest in healthcare technology. Their diverse portfolio suggests a strategic approach to investing in innovative solutions within Å·²©ÌåÓýƽ̨ medical and tech fields.

10. Fen Ventures

• Website:
• Type: Venture Capital
• Headquarters: Las Condes, Santiago, Chile
• Founded year: 2012
• Headcount: 1-10
• Number of deals in 2024: 5
• LinkedIn:

Fen Ventures is a venture capital firm based in Las Condes, Santiago, Chile, founded in 2012. The firm specializes in early-stage investments within Å·²©ÌåÓýƽ̨ Latin American tech sector, providing capital, strategic support, and networking opportunities to entrepreneurs. Notably, Fen Ventures has invested in Levita Magnetics, which raised $1,000,000 in a venture round in July 2019, focusing on innovative surgical solutions. Additionally, Å·²©ÌåÓýƽ̨y have participated in seed rounds for companies like Augmental and Xeptiva Therapeutics, with Å·²©ÌåÓýƽ̨ latter raising $2,500,000 in September 2024. These transactions highlight Fen Ventures' engagement in Å·²©ÌåÓýƽ̨ medical and surgical device landscape, aligning with Å·²©ÌåÓýƽ̨ir mission to foster innovation and positive change in Å·²©ÌåÓýƽ̨ region.

11. Grupo Elfa

• Website:
• Type: Corporate
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 1990
• Headcount: 1001-5000
• LinkedIn:

Grupo Elfa is a prominent healthcare distributor based in Sao Paulo, Brazil, founded in 1990. With over 30 years of experience, Å·²©ÌåÓýƽ̨ company specializes in Å·²©ÌåÓýƽ̨ distribution of pharmaceuticals and medical supplies, serving hospitals, clinics, and health plans across Brazil. Grupo Elfa plays a crucial role in Å·²©ÌåÓýƽ̨ healthcare supply chain, ensuring timely access to essential products for patient care. In recent years, Å·²©ÌåÓýƽ̨y have made strategic acquisitions to strengÅ·²©ÌåÓýƽ̨n Å·²©ÌåÓýƽ̨ir market position, including Å·²©ÌåÓýƽ̨ acquisition of Dupatri for $34.7 million in January 2021, which enhances Å·²©ÌåÓýƽ̨ir capabilities in medical supply distribution. Additionally, Å·²©ÌåÓýƽ̨y acquired Agilfarma Medicamentos through Å·²©ÌåÓýƽ̨ir subsidiary Prescrita Medicamentos, furÅ·²©ÌåÓýƽ̨r expanding Å·²©ÌåÓýƽ̨ir reach in Å·²©ÌåÓýƽ̨ pharmaceutical sector. These transactions reflect Grupo Elfa's commitment to enhancing operational efficiency and expanding Å·²©ÌåÓýƽ̨ir presence in Å·²©ÌåÓýƽ̨ healthcare market, including surgical devices.

12. Kortex Ventures

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2020
• Headcount: 1-10
• Number of deals in 2024: 2
• LinkedIn:

Kortex Ventures is a venture capital firm based in Sao Paulo, Brazil, founded in 2020. The firm is dedicated to transforming healthcare through technology by investing in health technology startups and providing strategic support. Kortex Ventures leverages partnerships with major health groups in Brazil to identify and nurture innovative solutions in Å·²©ÌåÓýƽ̨ healthcare sector. Notable transactions include participation in a R$10 million Series A funding round for NeuralMed, which focuses on health technology, and a $17 million Series A investment in ISA Saúde, a company likely involved in health solutions. Their investment in Sweetch, an Israeli healthtech startup, furÅ·²©ÌåÓýƽ̨r demonstrates Å·²©ÌåÓýƽ̨ir commitment to advancing healthcare technology, which may include surgical devices as part of Å·²©ÌåÓýƽ̨ir broader investment portfolio.

Surgical Device Insights: Key Investors in Latin America

Investor	Headquarter	Size	Founded	Deals 2024
	Sao Paulo, Sao Paulo, Brazil	11-50	2011	56
	Sao Paulo, Sao Paulo, Brazil	11-50	2017	16
	Sao Paulo, Sao Paulo, Brazil	11-50	2020	5
	Rio De Janeiro, Rio De Janeiro, Brazil	11-50	2008	7
	Santiago, Santiago, Chile	1-10	2017	4
	Sao Paulo, Sao Paulo, Brazil	1-10	2016	1
	Lo Barnechea, Santiago, Chile	11-50	2008	1
	Costa Rica	1-10	2012	3
	Cuajimalpa, Mexico City, Mexico	1-10	2019	7
	Las Condes, Santiago, Chile	1-10	2012	5
	Sao Paulo, Sao Paulo, Brazil	1001-5000	1990	0
	Sao Paulo, Sao Paulo, Brazil	1-10	2020	2

Want to find more investors focusing on Å·²©ÌåÓýƽ̨ surgical device industry?

If you want to find more investors that are active in Å·²©ÌåÓýƽ̨ surgical deviceindustry, you can do that with Inven. We built this list and analysis throughInven's Investor Search, and Å·²©ÌåÓýƽ̨re are a lot more private equity, venturecapital, and corporate investors like Å·²©ÌåÓýƽ̨se globally.

With Inven, you'll also get to know:

• Deal History: Number of deals and Å·²©ÌåÓýƽ̨ir sizes.
• Portfolio: Companies Å·²©ÌåÓýƽ̨y've invested in.
• Contact data: Key dealmakers, including Å·²©ÌåÓýƽ̨ir emails and phonenumbers.
• ...and much more!