Kanfit3D, experts in the 3D printing from aluminum and titanium alloys, announced today that it has entered into a partnership with Anthill Ventures, a speed scaling ecosystem that invests in and scales early-stage to penetrate into the India market. Anthill will assist Kanfit3D to enter the market in India, providing Kanfit3D with access to numerous healthcare providers, introduce them to local 3D printing manufacturing companies, and help establish a manufacturing unit that will enable Kanfit3D to manufacture custom-made medical implants in India.
This partnership is aimed to revolutionize the custom medical implants industry in India. Medical implants in India are usually imported from overseas destinations such as Germany, which are expensive and have a higher gestation rate to reach India. The medical implants made in India are also not customized for each patient which does not allow patients to absorb and build bone quickly thus posing a higher risk of infections and are likely to delay post-op recovery.
“Non-customized medical implants do not offer design flexibility and also pose a higher risk of stress shielding,” explained Zachy Shtamler, founder and COO of Kanfit3D. “Kanfit3D has had tremendous success in Israel working with doctors and hospitals to provide patients with custom medical implants. We are excited about the opportunity to provide India with the best quality medical implants, manufactured under high standard and health regulation, and that are competitive in price and available in short supply time.”
“Anthill is well-positioned to help Kanfit3D scale in the India market – borne out of our huge network of healthcare providers and specialists in the field. Setting up a manufacturing presence in India will help them address the specialized needs of the local market with ease and speed,” said Sailesh Sigatapu, partner at Anthill Ventures.
- Located in the high-tech industrial zone in Nof Hagalil, Northern Israel, Kanfit3D uses printers for the most advanced metals in the world.
- The company’s expertise in 3D printing with aluminum and titanium alloys enables the production of parts that cannot be manufactured with other technology.
- 3D printed implants offer a perfect fit for the patient as they are designed precisely as per the patient’s anatomy – “tailor-made” implants.
- The company has already won accolades in India during the last 24 months with almost 70 successful cases across the country.
Anthill Ventures, founded in 2015 by Prasad Vanga, is a speed scaling ecosystem that invests in and scales early-stage startups from the MediaTech, Urban Tech and Health Tech sectors. Headquartered in Hyderabad, India with offices in Singapore and Israel, Anthill is an ecosystem that enables disruptive start-ups to #ScalewithSpeed. Within five years, Anthill has built a global portfolio of 45 companies across India, US, Europe, Israel and SE Asia that have grown by 4X in portfolio value.