Cresco is proud to have assisted Materialise NV, a global leader in 3D printing software and services, in the strategic acquisition of FEops, a developer of AI-driven simulation technology to improve procedure efficiency and clinical outcomes for structural heart interventions. This transaction will allow Materialise to expand its cardiovascular solutions with predictive simulation capabilities, advancing the personalized treatment of patients with heart diseases.
Materialise incorporates more than three decades of 3D printing experience into a range of software solutions and 3D printing services that empower sustainable 3D printing applications enabling flexible industrial manufacturing and mass personalization in various industries — including healthcare, automotive, aerospace, eyewear, art and design, wearables, and consumer goods. Headquartered in Belgium and with branches worldwide, Materialise combines the largest group of software developers in the industry with one of the world’s largest and most complete 3D printing facilities.
FEops combines predictive simulation technology and artificial intelligence, allowing clinicians to more accurately predict how transcatheter structural heart devices will interact with a patient’s anatomy. With the integration of FEops, Materialise’s Mimics Planner will offer a comprehensive solution for anatomy-based 3D planning and AI-based simulation, allowing clinicians to simulate the interaction between a medical device, such as a heart valve, and a patient’s unique anatomy. This advancement is set to transform patient care for structural heart diseases by offering a more interactive and AI-based solution for preparing heart procedures.
The Cresco deal team was composed of Glenn L’hoëst and Dominik Verbist.
Congrats and kudos to both teams: Brigitte de Vet-Veithen, Carla Van Steenberge, Peter Mortier, Matthieu De Beule, PMV, Capricorn ICT Arkiv NV, EIC Fund, Valiance Life Sciences Growth Investment SICAV-SIF and all others involved.
Check out De Tijd or Materialise’s press release for a more extensive read about this deal.
In case of any further questions, please contact Glenn L’hoëst or David Dessers.
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2018 Antwerp
Kempische Steenweg 293/16
3500 Hasselt
Foreestelaan 1
9000 Gent
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