
SHS backs AOT
SHS Gesellschaft für Beteiligungsmanagement has invested in Basel-based Advanced Osteotomy Tools (AOT), a manufacturer of medical laser systems.
SHS cited the growing market for robot-guided surgical systems as a reason to invest. It will back the market launch of AOT's surgery system Carlo (computer assisted robot-guided laser osteotome).
SHS invested via its fourth fund, which held a first close on €56m in January 2014. The fund has a target of €100m. SHS IV has the same investment focus as previous SHS vehicles, that is, minority and majority stakes in medical technology and life sciences companies.
The fund already holds a medical technology portfolio company having backed laser catheter manufacturer Vimecon in December 2014. SHS stated further life sciences investments are planned for 2015.
Company
Founded in 2011 as a spin-off from the Basel University Hospital, AOT develops, produces and markets computer-assisted laser systems for use in bone surgery.
People
Bernhard Schirmers is managing partner at SHS. Alfred Bruno is CEO and co-founder of AOT.
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