Blockchain based Tokenized MedTech VC Fund, BlueOcean, invests in Volumia Medical
The market for plastic surgery is booming, with a current estimated market value of 6.2 billion USD and is expected to increase on a yearly basis. BlueOcean Ventures II, the tokenized Medtech VC fund from Switzerland, has invested in medical startup Volumina Medical.
Volumina is 3D tissue reconstruction startup, which is developing technology for tissue reconstruction. Blueocean believes that Volumina is in a perfect position to capture a majority chunk of the booming $6.2 billion market.
Volumina Medical SA announced the close of its July 2018 financing seed round upon successfully raising EUR 2.7 million. The seed round was led by Blueocean ventures and Zürcher Kantonal Bank.
“BlueOcean Ventures ll is proud to lead Volumina Medical’s financing seed round and is confident Volumina will develop products that will aid the reconstructive and cosmetic surgery markets for years to come,” says Emmanuel de Watteville, General Partner and Co-Founder of BlueOcean Ventures ll. “There is a significant need for state-of-the-art technology that provides sufficient, long-lasting results, and we’re looking forward to the tools Volumina will produce that will contribute to the medtech industry for the better.”
Tokenized VC the future?
SInce 2017, a new wave of VC have entered the market, tokenized VC Firms. These VC firms raise money through crowd sale of their tokens and then invest in promising startups. These VC funds remove the hassle of raising money through crowd sale and have an added advantage of a trust factor. The returns from their investments are then distributed among their crowd sale partners.
These new VCs have been instrumental in raising Pre-sale for ICOs. Many ICOs in 2018 are preferring to reach out to Tokenized VC firms to raise money through pre-sale.
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