Lauxera Capital Partners took a majority stake in Matrix Requirementsa MedTech quality management software provider based in Berlin, Germany, for 10 million euros.
The company intends to use the funds for active business development efforts alongside a product development roadmap.
Founded in 2014 by Wolfgang Huber (former VP R&D at Advanced Medical Diagnostics and co-founder of NeoMed Software) and Yves Berquin (former Program Manager at Advanced Medical Diagnostics and CTO at SleepOnWeb), Matrix Requirements has become a quality leader in the MedTech space management system software with two solutions:
MatrixALM, flexible software for managing technical files of medical devices in order to accelerate regulatory approvals (CE marking, FDA approval, etc.) and reduce the risk of non-compliance
· MatrixQMS, a quality management system solution enabling MedTech companies to develop and maintain their own quality systems reflecting the specific needs of their products in accordance with ISO and FDA standards.
More than 180 medical technology companies use the MatrixALM and MatrixQMS applications.