A Birkenhead-based medical technology firm, Jones AV, is poised for significant growth following a substantial six-figure investment.
The investment, managed by River Capital through the North West Business Growth Loan Fund, is aimed at enhancing the company’s pioneering work in integrated operating theatre technology.
Strategic Investment for Growth
The six-figure investment in Jones AV has been orchestrated by River Capital. The funding comes from the North West Business Growth Loan Fund, which was initially supported by MSIF and further bolstered by TDC. The project also received enabling assistance from The Liverpool City Region Combined Authority’s Flexible Growth Fund. River Capital is at the helm of managing all these financial resources. This strategic infusion is aimed at propelling Jones AV’s growth and fostering innovation within the medical technology sector.
Jones AV’s Accomplishments and Industry Impact
Founded in 2008 by Ingo Aicher, Jones AV has established itself as a leader in medical audio-visual integration. The company has completed over 600 operating theatre integrations across 13 countries, showcasing its extensive reach and expertise. Recently, Jones AV was honoured with the Best Healthcare Integration award at the 2024 Innovation Awards in Barcelona for its ‘Integrated Operating Theatre of Things’ system.
This recognition underscores Jones AV’s commitment to advancing medical technology. The company’s innovative solutions are designed to improve efficiency and outcomes in healthcare settings.
Job Creation and Economic Impact
The investment package is not only poised to stimulate growth but also to create employment opportunities. Over the next year, Jones AV plans to add six new jobs in the Liverpool City Region. This move is expected to bolster the local economy and support regional development.
By expanding its workforce, Jones AV aims to meet the growing demand for its innovative technology solutions. This expansion will enable the company to enhance its service delivery and operational capabilities.
Focus on Software Enhancement
Part of the investment will be allocated to the enhancement of Jones AV’s proprietary operating theatre control software. This initiative is expected to significantly improve the company’s competitive edge and profitability in the medical technology market. The advanced software solutions developed by Jones AV are anticipated to set new standards in operating theatre integration.
According to Jim Moore, Investment Manager at River Capital, ‘Jones AV exemplifies the kind of innovative, high growth potential company we aim to support. Their track record of delivering cutting-edge solutions in healthcare technology aligns perfectly with our investment strategy.’
Statements from Key Figures
In a statement, Ingo Aicher, Founder and Director of Jones AV, expressed his enthusiasm about the investment. He highlighted that this support from River Capital comes at a crucial juncture for the company. ‘It will enable us to capitalise on our robust order book, accelerate our software development, and continue pushing the boundaries of what’s possible in operating theatre integration,’ he said.
Aicher emphasized the potential this investment creates not only for Jones AV but also for advancing patient care through technology. The infusion of capital is seen as a pivotal moment for the company’s future prospects.
Regional Healthcare Technology Hub
The investment in Jones AV is part of a broader strategy to enhance the Liverpool City Region’s reputation as a hub for medical innovation. By supporting high-growth potential companies like Jones AV, the region aims to attract more investment and foster a thriving ecosystem for healthcare technology firms.
This strategic focus is expected to yield long-term benefits for the region’s economy and healthcare infrastructure. With increased support for innovation, the Liverpool City Region is poised to become a leader in the medical technology sector.
Future Prospects and Vision
Looking ahead, Jones AV is optimistic about its future prospects. The company plans to leverage the investment to drive further innovation and expand its market presence. The focus will be on developing cutting-edge solutions that meet the evolving needs of the healthcare industry.
The firm’s vision includes setting new benchmarks in operating theatre integration and enhancing patient care through advanced technology. By staying at the forefront of innovation, Jones AV aims to solidify its position as a leader in the medical technology field.
The substantial investment in Jones AV marks a significant milestone for the company, paving the way for growth and innovation.
With the planned job creation and software enhancements, Jones AV is well-positioned to enhance its competitive edge and drive advancements in healthcare technology.