Digital medical technology producer Brainlab has paid an undisclosed amount to buy US-based medical video game developer Level Ex, allowing care provider OSF Healthcare to exit, it revealed yesterday.
Founded in 2015, Level Ex creates mobile, virtual and augmented reality games designed to help a user base of about 600,000 physicians and surgeons enhance their skills and learn new techniques.
The deal follows about $15m in funding for the company, which most recently secured $2m from OSF’s corporate venturing subsidiary, OSF Ventures, in April 2018. Its earlier investors include 4490 Ventures, Jazz Venture Partners and Pritzker Group Venture Capital.
Level Ex founder and CEO Sam Glassenberg said: “Our mission is to advance the practice of medicine through play: unleashing video game technology and design to improve skill and accelerate the adoption curve of new techniques and technologies in healthcare.
“I cannot imagine a better place to fulfil that mission than Brainlab – a company that has fiercely advanced the cutting edge of medicine for decades and continues to build platforms that service broad ecosystems in healthcare.”
Image courtesy of Level Ex.
