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Loan Funds Developer of Augmented Reality for Spinal Surgery

Success Story

MassDevelopment provided a $4 million loan from its Emerging Technology Fund (ETF) to OnPoint Surgical, Inc., a medical technology company offering highly accurate and precise augmented reality (AR) display systems for orthopedic and neurosurgical spinal procedures. The rapidly growing company is using loan proceeds to hire new employees, support working capital, and complete leasehold improvements at its facility at 555 Virginia Rd. in Concord.