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Spine Next

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Manufactures and markets orthopedic spinal implant devices for spinal fusion surgeries

Sainte-Savine, FranceFounded 1999Health Tech & Medtech
Valuation $50–100M Last recorded · 2004
Revenue $1–10M Latest reported FY
Total funding $10–50M Disclosed equity funding
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About Spine Next

Spine Next, S.A. was a privately held French medical technology company established in 1999. Based in Bordeaux, France, the firm specialized in the manufacturing of orthopedic spinal implant devices. Spine Next focused on developing solutions for degenerative spinal diseases, marketing a range of products for traditional spinal fusion surgeries alongside more advanced non-fusion technologies.

The company's key product was the Wallis system, a dynamic stabilization implant designed to treat early-stage degenerative disc disease. Unlike spinal fusion, which immobilizes vertebrae, the Wallis system provided stability and support to the spine while preserving motion for the patient. This approach offered a less invasive treatment option, potentially targeting the disease earlier in its progression than artificial discs. The Wallis system gained regulatory approval and was marketed throughout Europe and other international markets, with most of the company's sales occurring outside of the United States.

From its inception, Spine Next was supported by several venture capital and private equity firms, including 3i, Auriga Partners, and Edmond de Rothschild Investment Partners. This backing facilitated the company's research and development efforts and its expansion into global markets. In October 2004, the company was acquired by Abbott Laboratories for approximately $60 million in cash, with potential for additional milestone-based payments. The acquisition was part of Abbott's strategy to enhance its spinal product line with non-fusion technology and to expand its global distribution network.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1999
Headquarters
Sainte-Savine, France
Open positions
None listed
Dealroom signal
18.0/100
Industry
Health
Sub-industry
Medical Devices
Sector
Health Tech & Medtech, Spinal Disease, Hard Tech
Business model
Manufacturing
Client focus
b2b
Links
Website

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Oct 2004 $81M $81M Abbott —
SERIES D✓Equity / VC Mar 2004 $2M $8M Viscogliosi Brothers —
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Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

Spine Next website traffic

Latest recorded traffic for Spine Next is 0 monthly website visits.

Latest monthly visits0
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Similar companies

Closest operating peers by Dealroom taxonomy

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CompanyHeadquartersStatusEmployeesTotal fundingValuation
ZygoFixZygoFix has re-imagined spinal fusion leveraging our natural bone structure and replacing invasive screw technology Misgav, Israel Operational 7 $6.1M —
ReSymmetryReSymmetry is the developer of Healy, a smart exoskeleton robotic wheelchair technology designed to reduce the risk of medical conditions and discomfort resulting from prolonged motionless sitting Israel Operational
InvuityA medical technology company focused on pioneering the use of advanced photonics to provide surgeons with improved direct visualization of surgical cavities during open minimally invasive and minimal access procedures San Francisco, United States Acquired
BaxanoDevelops minimally-invasive tools to restore spine function and preserve healthy tissues San Jose, United States Acquired
Spinal SimplicitySpinal Simplicity develops and distributes percutaneously-inserted inter-laminar fusion devices for the treatment of spinal problems Overland Park, United States Operational
Spine WaveLeverage our proprietary technology to provide spine surgeons with a broad, differentiated portfolio of expandable and other less invasive, more efficient solutions for real surgical challenges Shelton, United States Operational
Carevature MedicalTHE FIRST-EVER ROBOTIC-ASSISTED SPINE SURGERY PLATFORM DESIGNED TO ENHANCE THE ART OF SPINAL DECOMPRESSION Rehovot, Israel Operational
NLT SPINEDevelops and markets medical devices (implants and instruments) intended for the surgical treatment of back pain Kfar Saba, Israel Acquired
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • Auriga Partners

Series B and later1 investor entered at this stage

  • Viscogliosi Brothers

Other known investors2 additional known investors

  • Abbott
  • Auriga Partners (Paris)
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Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇫🇷 France · Sainte-Savine HQ
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Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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