
VNTC
closedWearable, vest-type hybrid brace for scoliosis correction.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
investor | €0.0 | round | |
KRW4.8b | Series B | ||
Total Funding | 000k |
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VNTC Ltd. is a South Korean MedTech company that developed Spinamic, a hybrid scoliosis brace designed as an alternative to rigid plastic braces. Established in 2016 as a spin-off from Samsung Electronics' C-lab, the company was founded by CEO Kyungsuk Roe. The firm aims to address the challenges of traditional scoliosis treatment by improving patient comfort and compliance.
The company's core product, the Spinamic brace, combines the corrective force of rigid braces with the comfort and wearability of soft, fabric-based materials. It utilizes a three-point pressure system to guide the spine toward a healthier alignment while being lightweight and made of breathable materials. The brace is adjustable with dials to modify pressure as the patient's condition evolves, making it customizable for growing adolescents. A key feature is its design, which aims to reduce the psychological stress and self-consciousness often associated with traditional, more conspicuous braces. In 2023, the Spinamic Live model, which includes embedded pressure sensors and a mobile app for tracking wear time, was recognized as a CES Innovation Awards Honoree.
VNTC operates in the medical device market, primarily targeting adolescents with idiopathic scoliosis. The business model appears to be based on the sale of these medical devices through distributors. In 2021, VNTC signed a distributorship contract with Dong-A ST, a major South Korean pharmaceutical company, to handle sales and marketing within South Korea, allowing VNTC to focus on research and development. The company also has collaborations with medical institutions in Asia and Europe.
Keywords: scoliosis brace, MedTech, spinal correction, non-surgical treatment, wearable medical device, adolescent idiopathic scoliosis, pediatric orthopedics, digital health, patient compliance, spinal orthosis, Samsung C-Lab, medical device manufacturing, therapeutic apparel, telehealth, CES Innovation Award, dynamic brace, postural support, musculoskeletal health, spinal therapy, flexible brace