Proximie secures £66.75 million Series C investment led by Advent Life Sciences

London – 14 June 2022 – Proximie, the global health technology platform digitally connecting
operating rooms (OR) announces it has successfully raised $80 million in a Series C equity
financing. The investment follows a year in which Proximie saw a significant increase in its Total
Contracted Value, supported over 13,000 surgeries, and expanded their global footprint to 100
countries.

The funding round was led by Advent Life Sciences – one of the leading trans-Atlantic venture
investors building innovative life sciences businesses, with participation from new investors
Emerson Collective – the impact investor founded by Laurene Powell Jobs, SoftBank Vision Fund
2, British Patient Capital, Mubadala Investment Company, and the Minderoo Foundation.
Existing investors F-Prime Capital, Eight Roads, Questa Capital, Global Ventures, and Maverick
Ventures also participated in the round.

Proceeds will be used to accelerate development of key products and services, build out
Proximie’s marketplace ecosystem and scale their Operating System of the OR – a centralized
platform delivering connected surgical care. Hospitals and surgical centers who leverage
Proximie’s technology will have access to preoperative data that can help inform patient care,
real time collaborative tools to record, train, and deliver care, and postoperative content
management tools to capture and distribute content to their colleagues. Taken together,
Proximie will allow health systems to establish an intelligent, digital layer to the OR, enabling
them to save time, money, and more lives.

Proximie has been used for cases in surgical specialities at over 500 hospitals worldwide.
Hospitals have applied Proximie’s technology to drive efficiencies in the surgical backlog
following COVID-19, increased the speed of training surgeons while maintaining costs, and built
hub and spoke models concentrating surgical care and expertise in central locations to reduce
the time and costs associated with travel.

Dr. Nadine Hachach-Haram, CEO and Founder of Proximie, said:

“Our vision is to democratize surgery through better data by connecting every OR and Cath Lab in the world.  We began this journey enabling surgeons to virtually join any OR.  Now, we’re using this capability to digitize the operating room, bringing patients the collective expertise of the best surgeons in the world – where data collected and shared on Proximie can help them receive life-saving care, no matter where they live.”

Five billion people currently lack access to safe surgery, with over 18 million people dying every
year from lack of access to surgery. Launched in 2016, Proximie is a tool allowing surgeons to
virtually “scrub in” to any operating room in the world, extending the capabilities of top
surgeons to areas without access to top surgical care. With the COVID-19 pandemic inhibiting
travel and access, Proximie has grown rapidly, scaling to five continents and over 100 countries,
helping surgeons deliver lifesaving care during a time of healthcare disruption.

Dr. Shahzad Malik, General Partner Advent Life Sciences, said:

“We are delighted to partner with Proximie and a world class group of investors as the company expands its global footprint and product capabilities. The company is a perfect fit for our ethos of backing best-in-class innovative life sciences businesses that have the capability to positively impact human health and healthcare delivery in paradigm changing ways.”
The successful completion of today’s fundraise means Proximie has raised a total of $130 million since inception.

John Cassidy, Investment Director at SoftBank Investment Advisers said:

“The pandemic has rapidly accelerated the adoption of virtual clinical care globally. Proximie’s
technology platform combines AI, machine learning, and augmented reality to facilitate live
sharing of the operating room, creating a connected surgical care ecosystem to better support
patients and hospitals. We are pleased to partner with Dr. Nadine Hachach-Haram and the
Proximie team to support their mission of saving lives by sharing the world’s best clinical
practices.”

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Further information
Thoburns
Jamie Pudge
[email protected]
+44 7557 771 703

Notes to Editors

About Proximie
● Proximie is a global health technology platform focused on digitizing operating and
diagnostic rooms;
● Proximie’s mission is to deliver a connected surgical platform to help provide quality surgical
care around the globe. Every Proximie procedure can be recorded, analysed and leveraged
for future use to help inform best practice;
● By connecting operating rooms globally, Proximie is facilitating a rich, insightful data set
which naturally feeds best practices into the entire healthcare ecosystem;
● Founded by Dr Nadine Hachach-Haram, Proximie has now conducted tens of thousands of
surgical procedures and been deployed in over 500 hospitals in across 100 countries in five
continents;
● Proximie has contracts with over 35 major medical device companies – with access to 90%
of operating rooms and diagnostic suites in the U.K., U.S., and E.U – and been published in
over 20 medical journals;
● For more information please visit www.proximie.com or follow @ProximieAR on Twitter.

About Advent Life Sciences

● Advent Life Sciences founds and invests in early- and mid-stage life sciences companies that
have a first- or best-in-class approach to unmet medical needs 
● The investment team consists of experienced professionals, each with extensive scientific,
medical and operational experience, and a long-standing record of entrepreneurial and
investment success in the US and Europe  
● The firm invests in a range of sectors within life sciences, including drug discovery, enabling
technologies, digital health, and med tech, with an emphasis on innovative, paradigm-
changing approaches  
● Advent Life Sciences has a presence in the UK, US and France  
● For more information, please visit www.adventls.com

Pevini Peiris

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