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AIB Seed Capital Fund leads €1.8M investment in
X-Bolt Orthopaedics

Bumper seed investment set to fast track commercialisation of innovative X-Bolt hip fracture fixation product to the global export market

X-Bolt Orthopaedics, an innovative hip fracture fixation company based in Dublin, has completed an equity investment round of €1.8million. The funding round was led by the AIB Seed Capital Fund, co-managed by Enterprise Equity Venture Capital.

X-Bolt Orthopaedics was established in 2007, by former orthopaedic surgeon Dr. Brian Thornes, to develop a unique expanding bolt medical device used for hip fracture fixation. Addressing a real problematic gap in the global market, the X-Bolt, which is already in use in over 100 patients in Irish and UK hospitals, greatly improves the efficiency of current hip fracture treatment and reduces the requirement for very costly and often devastating repeat surgery. The seed investment is set to advance FDA approval of the X-Bolt product in the US and fast track commercialisation of the product to the global export market.

Pictured at the announcement is Dr. Brian Thornes, X-Bolt Orthopaedics with Rory Hynes, Partner, Enterprise Equity Venture Capital. Picture Andres Poveda

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AIB Seed Capital Fund leads €1.8M investment in <br /> X-Bolt Orthopaedics<br /> <br /> Bumper seed investment set to fast track commercialisation of innovative X-Bolt hip fracture fixation product to the global export market <br /> <br /> X-Bolt Orthopaedics, an innovative hip fracture fixation company based in Dublin, has completed an equity investment round of €1.8million. The funding round was led by the AIB Seed Capital Fund, co-managed by Enterprise Equity Venture Capital.<br /> <br /> X-Bolt Orthopaedics was established in 2007, by former orthopaedic surgeon Dr. Brian Thornes, to develop a unique expanding bolt medical device used for hip fracture fixation. Addressing a real problematic gap in the global market, the X-Bolt, which is already in use in over 100 patients in Irish and UK hospitals, greatly improves the efficiency of current hip fracture treatment and reduces the requirement for very costly and often devastating repeat surgery. The seed investment is set to advance FDA approval of the X-Bolt product in the US and fast track commercialisation of the product to the global export market.<br /> <br /> Pictured at the announcement is Dr. Brian Thornes, X-Bolt Orthopaedics with Rory Hynes, Partner, Enterprise Equity Venture Capital. Picture Andres Poveda
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