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ONWARD
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ONWARD

https://www.onwd.com/
Last activity: 12.02.2026
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Categories: BodyHealthTechITLifeLivingMedTechResearchScienceTechnologyWebsite
ONWARD is a medical technology company creating innovative therapies to restore movement, independence, and health in people with spinal cord injuries. ONWARD’s work builds on more than a decade of basic science and preclinical research conducted at the world’s leading neuroscience laboratories. ONWARD’s ARC Therapy, which can be delivered by implantable (ARC-IM) or external (ARC-EX) systems, is designed to deliver targeted, programmed spinal cord stimulation to restore movement and other functions in people with spinal cord injury, ultimately improving their quality of life. ONWARD has received five Breakthrough Device Designations from the U.S. FDA encompassing both ARC-IM and ARC-EX. ARC-EX is an external, non-invasive platform consisting of a wearable stimulator and wireless programmer. Positive top-line data were reported in September 2022 from the company’s first pivotal study, called Up-LIFT, evaluating the ability of transcutaneous ARC Therapy to improve upper extremity strength and function. The company is now preparing marketing approval submissions for the U.S. and Europe. ARC-IM consists of an implantable pulse generator and lead placed near the spinal cord. The company completed its first-in-human use of the ARC-IM neurostimulator in May 2022. ONWARD is headquartered in Eindhoven, the Netherlands. It maintains a Science and Engineering Center in Lausanne, Switzerland, and has a growing U.S. presence in Boston, Massachusetts. The company has an academic partnership with .NeuroRestore, a collaboration between the Swiss Federal Institute of Technology (EPFL) and Lausanne University Hospital (CHUV).
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Location: Netherlands, North Brabant, Eindhoven
Employees: 51-200
Total raised: $266.8M
Founded date: 2014

Investors 8

Funding Rounds 6

DateSeriesAmountInvestors
24.10.2024-$54.06M-
04.09.2024Grant$1.1M-
03.07.2024-$56.6M-
25.03.2024-$21.83M-
21.10.2021IPO$101.22M-
22.04.2021-$32M-

Mentions in press and media 59

DateTitleDescription
12.02.2026From trials to market: medtechs advance clinical programs Founded in the Canton of Vaud in 2015, Aspivix developed carevix, a soft-suction cervical device designed as a modern, gentler alternative to the cervical tenaculum. The company has announced the publication of a multicentre post-marketing...
26.01.2026New leadership for ICT and Life Sciences Swiss startups Timo Müller, Co-founder and former VP Product at Voliro, has been promoted to the posision of CEO, succeeding Florian Gutzwiller, who will transition into a strategic role as member of the Board of Directors. The leadership transition refl...
18.11.2025Swiss Medtech startups reach key development milestones Dedicated to improving surgical care, LEM Surgical from Bern developed intelligent robotic systems that enhance precision, efficiency, and clinical value in hard tissue surgery. The company has completed the first clinical procedures in th...
27.10.2025Capital increase to fuel ONWARD Medical's commercialization efforts The fresh investment in ONWARD Medical was raised by way of an accelerated bookbuild offering through a private placement with institutional investors of 11.3 million new ordinary shares (the Private Placement) via the Joint Bookrunners. T...
15.09.2025Two digital health companies obtain market approvals CustomSurg’s innovative digital platform, OrthoPlanner (picture above), has been cleared from the U.S. Food and Drug Administration (FDA) as a medical device product. The software tool empowers orthopedic trauma surgeons with advanced preo...
06.03.2025Green Innovations: The New Wave of Sustainable SolutionsIn a world grappling with climate change, innovation is the lifeline. Two recent stories highlight how businesses are stepping up to the plate. They are not just aiming for profit; they are aiming for a sustainable future. The focus is on a...
05.03.2025Swiss startups transforming healthcare and Societies on the winners’ podium Three startups that are tackling global societal and environmental challenges have been recognised in this year’s IC Award, organized by Swiss Agency for Development and Cooperation to recognise and celebrate Swiss organisations, SMEs, and...
04.03.2025Medtech startups make positive clinical progress Bios Medical is developing innovative technology to improve mobility and quality of life for hip fracture patients. Their flagship product, HipBeacon, is the world's first implantable hip mobility sensor designed to collect personalized pa...
22.01.2025Tech Tour Growth Top 50 showcases Swiss deeptech companies The 2025 edition of the Tech Tour Growth50 Listing features companies selected by over 70 investors that are envisioned to as Europe’s future unicorns. Six Swiss companies secured a spot on the listing, reflecting their strong track record...
10.01.2025ONWARD Medical wins first commercial customers in the US ONWARD Medical develops innovative spinal cord stimulation therapies to restore movement, function, and independence in people with spinal cord injury (SCI) and other movement disabilities. ARC-EX System delivers programmed electrical stim...
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