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§ Private Profile · Hayward, CA, USA
Moximed is a technology company.
Moximed has raised $184.0M across 4 funding rounds.
Key people at Moximed.
Moximed has raised $184.0M in total across 4 funding rounds.
Moximed develops implantable shock absorbers, notably the MISHA Knee System, designed to address painful knee osteoarthritis. This innovative medical device works by managing load within the knee joint, providing a cushioning effect that helps reduce stress and impact. The company's technology offers a biomechanical solution for patients seeking to preserve their natural knee joint and improve function, representing an advanced approach to OA treatment.
The company was founded in 2008 by Anton Clifford, Ph.D., who served as the visionary behind the implantable shock absorber concept. Clifford identified the significant clinical need for effective load management in osteoarthritis treatment and conceived an implantable solution. His experience in medical device development laid the groundwork for Moximed’s focused endeavor to bring this novel therapy to market.
Moximed primarily serves patients suffering from moderate to severe knee osteoarthritis, particularly those looking for alternatives to traditional surgical interventions or who wish to delay more invasive procedures. The company’s overarching mission is to pioneer a new beginning for individuals with osteoarthritis, enabling them to maintain mobility and enhance their quality of life by preserving their knee joints. Moximed continues to advance its therapeutic solutions for this patient population.
Moximed is a medical device company developing the MISHA Knee System, an implantable shock absorber (ISA) for treating medial compartment knee osteoarthritis (OA) in active patients who have not found relief from non-surgical or surgical options.[1][2][8] The device reduces peak knee forces by over 30% with every walking step, easing pain, preserving joint function, and potentially delaying total knee replacement, serving patients with mild to moderate OA who want to maintain active lifestyles.[1][2][4][9] Founded in 2008 and based in Fremont, California, Moximed has raised over $150 million in funding, including a $91 million Series D, achieved FDA clearance, and begun commercial treatments in the US as of 2023, with strong surgeon and patient interest driving growth.[1][2][4]
Moximed was founded in 2008 by Anton Clifford, Ph.D., who serves as CEO, recognizing the unmet need for load management in early knee OA treatment—an opportunity others overlooked.[2][6] The company emerged from insights into joint unloading's benefits, initially developing systems like the Atlas™ (available in Europe), and evolved through over a decade of clinical research, surgeon collaboration, and persistence to create the polymer-based MISHA Knee System by 2014.[5][6] Pivotal moments include superior primary endpoint results in a 2022 pivotal study presented at the Orthopaedic Summit, FDA clearance, and the first US commercial implants in September 2023, marking a shift from R&D to commercialization.[1][2]
Moximed rides the trend of joint-preserving therapies in orthopedics, addressing the growing knee OA market affecting millions, where traditional options like total knee replacement are invasive and unsuitable for younger, active patients.[1][2][4] Timing aligns with aging populations, rising OA prevalence, and demand for non-replacement alternatives, amplified by clinical validation and FDA clearance amid a shift toward personalized, minimally invasive medtech.[1][2] Favorable market forces include surgeon education focus, commercial momentum post-2023 launches, and investor confidence via major financings, positioning Moximed to influence standards of care by expanding access and potentially reducing healthcare costs through delayed surgeries.[2][4]
Moximed is set for scaled commercialization, leveraging $91M Series D to build infrastructure, educate surgeons, and meet surging demand from US academic and private practices.[2][4] Trends like value-based care, active aging demographics, and advances in biomaterials will propel growth, with MISHA potentially becoming standard for medial OA before arthroplasty.[1][2] Its influence may evolve by pioneering ISA platforms beyond knees, redefining OA management and enabling healthier, longer active lives for millions—transforming chronic pain from a joint-ending sentence to a manageable step.
Moximed has raised $184.0M across 4 funding rounds. Most recently, it raised $61.0M Series D in August 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 1, 2024 | $61M Series D | Elevage Medical Technologies | Advent Life Sciences, SR ONE | Announced |
| Aug 16, 2022 | $40M Series C | Advent Life Sciences | SR ONE | Announced |
| Mar 1, 2017 | $50M Series C | — | Advent Life Sciences, SR ONE | Announced |
| May 7, 2015 | $33M Venture Round | — | — | Announced |
Key people at Moximed.
Moximed has raised $184.0M in total across 4 funding rounds.
Moximed's investors include Elevage Medical Technologies, Advent Life Sciences, SR One.