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Draft:KIC Ventures

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KIC Ventures
Company typeLLC
IndustryHealthTech Investment
Founded2004
FounderKingsley R. Chin, Aditya Humad
Key people
CEO - Kingsley R. Chin CFO - Aditya Humad

KIC Ventures is a private investment firm focused on healthcare innovation, particularly in spine surgery and medical device technologies. The firm is headquartered in Boston, Massachusetts, and operates globally to identify and fund high-growth medical startups and companies.[1]

History

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KIC Ventures was founded in 2005 by Dr. Kingsley R. Chin, an orthopedic spine surgeon, and medical entrepreneur. Dr. Chin established the company with a mission to invest in healthcare companies that develop minimally invasive surgical techniques and technologies to improve patient outcomes in spine surgery [2][3] These include

Since its founding, KIC Ventures has expanded its portfolio to include numerous companies in the healthcare and medical technology sectors, focusing particularly on spine surgery, medical devices, and robotic surgery. [4]

Portfolio and Investments

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KIC Ventures manages a diverse portfolio of spine technology companies, with a focus on minimally invasive solutions aimed at improving outpatient spine surgery. The firm holds majority interests in companies like AxioMed[5], known for its next-generation disc replacements, and InSpan, which offers an innovative interspinous fixation system. Other key investments include Sacrix, specializing in sacroiliac joint fusion, and FacetFuse,[6] a minimally invasive technique for addressing facet joint disorders. Collectively, these investments form part of KIC's broader NANISX portfolio, underscoring its commitment to advancing medical device technologies and healthcare innovations in spine surgery [7]

Patents

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AxioMed Patent For Lateral Lumbar Viscoelastic Disc Replacement Medical Device[8][9]

Community Involvement

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Beyond investment, KIC Ventures is actively involved in supporting medical research and education. The firm frequently sponsors conferences and workshops on spine surgery and healthcare innovation.[10]

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https://www.bloomberg.com/profile/company/1417190D:US https://www.crunchbase.com/organization/kicventures

References

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  1. ^ Pitchbook. "KIC Ventures Overview".
  2. ^ Ventures, K. I. C. "KIC Ventures Changing the Private Equity Paradigm: The HealthTech Investment Firm with the Most Majority-Owned Portfolio of Revenue-Generating Spine Companies". www.prweb.com. Retrieved 2024-10-10.
  3. ^ "KIC Ventures - Top portfolio companies (Jul, 2024) - Tracxn". tracxn.com. 2024-07-17. Retrieved 2024-10-10.
  4. ^ "Kic Ventures Changing The Private Equity Paradigm: The Healthtech Investment Firm With The Most Majority-owned Portfolio Of Revenue-generating Spine Companies | Investment News | Trusted Insight". www.thetrustedinsight.com. Retrieved 2024-10-10.
  5. ^ "Home". Axiomed. Retrieved 2024-10-10.
  6. ^ "Home". Facetfuse. Retrieved 2024-10-10.
  7. ^ SPINEMarketGroup (2024-10-08). "KIC Ventures Changing the Private Equity Paradigm: The HealthTech Investment Firm with the Most Majority-Owned Portfolio of Revenue-Generating Spine Companies". SPINEMarketGroup. Retrieved 2024-10-10.
  8. ^ SPINEMarketGroup (2021-09-20). "AxioMed LLC, A KICVentures Group Portfolio Company, Achieved Landmark Patent For Lateral Lumbar Viscoelastic Disc Replacement Medical Device". SPINEMarketGroup. Retrieved 2024-10-10.
  9. ^ SPINEMarketGroup (2022-09-15). "Dr. Kingsley R Chin Granted Patent To Add Wireless Sensor To AxioMed's Total Disc Replacement To Target $23.50B Smart Medical Device Market". SPINEMarketGroup. Retrieved 2024-10-10.
  10. ^ Ventures, K. I. C. "KIC Ventures Sponsors Forecast Conference 2024 to Champion the Vision of a Caribbean Wakanda for Technology Innovation". www.prweb.com. Retrieved 2024-10-10.