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Zyga Technology

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Develop and market innovative, minimally invasive surgical solutions to treat common but underserved painful conditions of the spine

Minnetonka, United StatesFounded 2008Biotech & Life Sciences
Valuation $10–25M Last recorded · 2015
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
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About Zyga Technology

Zyga Technology, Inc., founded in 2008 by Bob Assell, operated as a medical device company focused on developing minimally invasive surgical solutions for underserved spinal conditions. Based in Minnetonka, Minnesota, the company targeted the significant market of patients suffering from chronic low back pain, which is the second most common cause of disability in U.S. adults.

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The company's primary product was the SImmetry® Sacroiliac Joint Fusion System, designed to treat sacroiliac (SI) joint dysfunction, a condition responsible for a substantial percentage of chronic low back pain. The SImmetry system was engineered to facilitate a true SI joint arthrodesis, or fusion, by following established orthopedic principles. Its unique feature was the SImmetry Decorticator, a proprietary instrument that allowed surgeons to prepare the joint by removing cartilage and creating bleeding bone, which is critical for promoting bone growth and achieving a solid fusion. This minimally invasive procedure provided stabilization of the SI joint for conditions like degenerative sacroiliitis and joint disruptions, offering a more permanent solution compared to palliative treatments like steroid injections.

In addition to the SImmetry system, Zyga developed the Glyder® Facet Restoration Device. This non-fusion product was designed to relieve lumbar facet pain while preserving motion, targeting the 31% of chronic low back pain cases originating from the facet joints. The Glyder device received CE Marking in Europe and was undergoing clinical studies in the U.S.

Zyga Technology's business model revolved around the sale of these specialized spinal devices to hospitals and surgical centers. On January 4, 2018, RTI Surgical, Inc. announced its acquisition of Zyga Technology. At the time, Zyga was a private company with approximately $4 million in annual revenue. The acquisition was a strategic move for RTI Surgical to enhance its spine portfolio and accelerate growth in the estimated $100 million U.S. sacroiliac joint fusion market. Subsequently, RTI Surgical's spine business, including the former Zyga assets, underwent further corporate changes, eventually becoming part of Surgalign Holdings, which later sold its biologics and spinal fixation business to Xtant Medical Holdings in 2023 following bankruptcy proceedings.

Source: Dealroom company data

At a glance

Founded
2008
Headquarters
Minnetonka, United States
Sector
Biotech & Life Sciences

Investors

8 investors on the cap table

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

Series B and later8 investors entered at this stage

Team profiled 12 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Minnetonka 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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