Ascend Capital Partners leads NanoFlex Robotics’ series A investment round

Niederer Kraft Frey advised Ascend Capital Partners on its series A investment in NanoFlex Robotics.

Founded by Monita Mo, founding partner and a serial entrepreneur, Ascend takes a distinctive approach as a lead investor in startups, actively advising and guiding investments at the board level and operationally. Since 2002, Ascend has generated hundreds of millions of USD in returns from successful investments across Asia and Europe.

Nanoflex is developing a robotic system that allows the precise movement of specially made catheters using electromagnetic controls. The electromagnetic technology, which has been developed for decades out of the ETH in Zurich, enables surgeons to quickly and accurately navigate catheters with extreme precision throughout the vascular system. Nanoflex’s first market entry into the stroke space proves its ability to tackle the most complex vessel systems in the brain.

The NKF team was led by Corporate partners Philip Spoerlé and Andrea Giger, working with associate Benedikt Hadorn (Corporate) and counsel Janine Reudt-Demont (Life Sciences, Intellectual Property).