In a significant milestone, SURGLASSES has successfully secured $6.5 million in Pre-A funding, led by Taiwania Capital, and supported by renowned venture capital firms, including Integrated Capital, 500 STARTUPS V, L.P. (U.S.), Wisdom Capital Limited Partnership, and Sustainable Impact Capital (SIC). This achievement surpasses the initial $5 million target, highlighting robust investor confidence in SURGLASSES.

Dan Scavilla is CEO of Globus Medical, which merged with spine devicemaker NuVasive in 2023.

From the launch of new orthopedic applications to new executive leader nominations and appointments, it has been a big year for medtech company Stryker. 

Kevin Lobo began his tenure as Stryker's CEO in 2012. Here are seven things to know about him:

ChoiceSpine's founders and co-Presidents Marty Altshuler and Rick Henson are now executive advisors of the company after 18 years, according to a Jan. 18 news release.

Centinel Spine saw significant growth in its total disc replacement revenue in the fourth quarter of 2023, according to a Jan. 18 news release.

Accelus closed a $20 million debt facility from Symbiotic Capital, according to a Jan. 18 news release.

Orthofix partnered with MRIguidance to distribute the BoneMRI software, according to a Jan. 18 news release.

ClearPoint Neuro earned FDA 510(k) clearance for its SmartFrame OR stereotactic system, according to a Jan. 16 news release. 

Spine and orthopedic device manufacturer and medtech company Medtronic plans to close more than five manufacturing sites and six distribution centers by the end of April, according to a Jan. 9 report from the Star Tribune.

Here are three spine devices and apps earning FDA clearance that Becker's has reported on since Dec. 6: 

Medtech company 3Spine completed enrollment for its FDA clinical trial on the Motus device, according to a Jan. 10 news release. 

Providence Medical Technology earned FDA clearance for its Cavux FFS-LX lumbar facet fixation system, the devicemaker said Jan. 10. 

Spinal implant manufacturer Zavation Medical Products has announced the first commercial implantation of its Z-Span two-screw anterior lumbar interbody fusion plating system. 

Medical devicemaker Medtronic received FDA approval for its deep brain stimulation system. 

A new study supported Carlsmed's Aprevo spine technology for achieving alignment in adult spinal deformity surgery, the devicemaker said Jan. 8.

For the first time in its history Stryker's full-year sales surpassed $20 billion in 2023, the devicemaker said Jan. 8.

Orthofix named Julie Andrews as its new CFO, the devicemaker said Jan. 8.

Here are eight key updates from spine and orthopedic devicemakers since Feb. 7.

Stryker is expected to have a strong financial year in 2024, driven in part by the upcoming launch of its Mako shoulder and spine applications, according to a Dec. 31 report from Seeking Alpha.