Information on the Target

ONE CREATION Cooperative is pleased to announce an investment of CHF 700,000 in a new venture, SteriLux SA. Founded in 2014, SteriLux is a Swiss medical technology startup that has transitioned from product development to market entry. The company has created a device capable of low-temperature sterilization for medical devices made from various materials, all while maintaining a low energy consumption profile.

As the number of minimally invasive surgeries continues to rise, there is an increasing demand for complex medical devices composed of heat-sensitive materials. Current sterilization units are struggling to effectively and economically sterilize these new products. In an industry where existing technology is outdated due to a lack of innovation, SteriLux is determined to revolutionize how healthcare professionals tackle infection control.

Industry Overview in Switzerland

The Swiss medical technology industry is recognized for its cutting-edge advancements and innovation. With a strong focus on quality and compliance, the sector is experiencing consistent growth driven by advancements in surgical techniques and medical devices. This growth is reflected in the increasing number of surgeries performed, which necessitates innovations in sterilization processes.

In recent years, there has been a noticeable shift towards minimally invasive procedures, leading to greater reliance on specialized medical instruments that require effective sterilization solutions. However, the population's health, safety concerns, and the industry's sustainability commitments have spurred a demand for environmentally responsible practices, including waste reduction in hospitals.

Moreover, regulatory frameworks in Switzerland support innovative health technologies aiming to enhance patient care while efficiently managing environmental responsibilities. As the need for more advanced sterilization methods intensifies, the industry is poised for robust growth, particularly for companies like SteriLux addressing these challenges.

The Rationale Behind the Deal

ONE CREATION Coopérative's investment in SteriLux aligns with its commitment to supporting innovative healthcare solutions that address unmet medical needs. SteriLux's cutting-edge technology not only provides significant advancements in sterilization techniques but also champions sustainability by reducing medical waste in hospitals.

The urgency for such solutions is compounded by the current global health climate, where infection control is paramount. By investing in SteriLux, ONE CREATION expects to harness the company’s potential for growth and impact on healthcare quality and safety.

Information about the Investor

ONE CREATION Coopérative is an investment firm known for its strategic focus on supporting groundbreaking innovations within the healthcare sector. The firm seeks to collaborate with startups that demonstrate strong potential for growth and scalability while providing solutions to pressing healthcare challenges.

With a portfolio boasting multiple successful healthcare investments, ONE CREATION is dedicated to fostering industry leaders and promoting advancements that enhance patient care and operational efficiencies across health systems.

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From an analytical perspective, this investment in SteriLux appears to present a promising opportunity. The need for reliable and effective sterilization solutions in a rapidly evolving medical landscape is more critical than ever. SteriLux's unique offering not only addresses current market deficiencies but also aligns well with sustainable practices valued by contemporary healthcare facilities.

The strategic focus on developing a new product to sterilize flexible endoscopes is particularly noteworthy, as millions of procedures utilizing these instruments are conducted annually. Currently, many of these instruments do not undergo sterilization due to limitations of existing technologies, putting patients at risk and contributing to environmental waste.

Overall, if SteriLux successfully brings its new sterilization technology to market, it could significantly reduce infection risks for patients while promoting a more sustainable approach to healthcare. This venture stands as a potentially lucrative investment, bolstered by strong industry trends that favor innovative solutions.

Therefore, given SteriLux’s promising technology, coupled with the increasing demand for effective sterilization in the healthcare sector, ONE CREATION Coopérative's investment could indeed prove to be a strategic and beneficial decision.

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ONE CREATION Coopérative

invested in

SteriLux SA

in 2023

in a Seed Stage deal

Disclosed details

Transaction Size: $1M

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