X-Bolt Orthopaedics secures $3.5m from backers

BVP leads fundraising round with Ascentifi, Amalfi, medtech Hban, and some of Ireland’s leading orthopaedic surgeons also participating

Elliott Griffin, managing directoof BVP Investments Ltd and Dr Brian Thornes, chief executive of X-Bolt Orthopaedics: medical devices maker looks to repeat success of Tightrope with Pro-X1 system.Picture: Fergal Phillips

X-Bolt Orthopaedics, the Dublin-based medical devices maker, has raised $3.5 million and is aiming to raise up to $1 million more before the end of the year as it seeks to scale in the US.

The company’s founder, former orthopaedic surgeon Brian Thornes, is well-known for having previously invented Tightrope, an ankle device implanted into injured sporting stars, particularly in American football.

Thornes is seeking to repeat that success with the Pro-X1 trochanteric nailing system ...