Palo Alto, California-based virtual reality surgical and medical training device company Osso VR has raised $14 million in a funding round from a number of investors led by Kaiser Permanente Ventures, the investment arm of healthcare  company Kaiser Permanente, Tech Crunch has reported.

Previous backers and new investors including SignalFire, GSR, Scrum Ventures, Leslie Ventures and OCA Ventures also participated.

Osso VR has around 30 customers, 12 of which are in the medical device sector. The company uses Oculus Quest headsets and is deployed in 20 teaching hospitals in 20 countries.

Amy Belt Raimundo of Kaiser Permanente Ventures said: “We don’t tie our investment to a deployment or customer contract, but we look for the same signals within Kaiser Permanente. We made the announcement that we are looking at [Osso VR] technology for use. And that’s where the investment and commercial decision was signalling off of each other, because the response showed that there was an unmet need there.”

Date published: 13 July 2021

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