What Velvet Innovative Technologies does

Velvet Innovative Technologies (V.I.T.) is a privately-held medical-surgical service company founded on 2 September 2008 in Nancy, France, operating around two axes: hands-on training for veterinary surgery and research and development of innovative medical devices. The training portfolio spans robotic surgery (Da Vinci system), arthroscopy, laparoscopy, thoracoscopy, ophthalmology, endoscopy, and specialized veterinary assistant programs, delivered in person at the Ecole de Chirurgie de Nancy / Hôpital Virtuel de Lorraine and through a joint catalog with AFVAC. Per-course pricing ranges from roughly €1,200 (resident) to €5,400 (robotic surgery non-resident), with separate non-resident rates, indicating a professional-services revenue model distributed via direct registration and partner networks.

The R&D product line includes the EX VIVO SYSTEM (perfused explanted heart for research and training), HEART MOTION ASSISTANCE / HEMA (mechanical-compression cardiac support device), B.E.S.T. (endoscopy training device), SIMCARD (portable pericardiocentesis simulator co-developed with an interventional cardiologist), the INNOVET mixed-reality veterinary training platform, and custom 3D printing/CAD services using PLA, nylon, silicone and resin with finite element simulation. The company holds a granted patent on an external cardiac compression assistance method filed with Professor Nguyen TRAN, and has assembled a multidisciplinary team spanning biomedical engineering, mechanical engineering, veterinary medicine, and innovation management.

The business model combines professional services (paid training courses), device/prototype sales and consulting (3D printing, CAD, custom simulators), and what is described as licensing/royalty revenue from R&D outputs. Go-to-market is event-driven: published course calendar, direct registration, partnership distribution through AFVAC, ESAVS, and academic partners in Argentina, and earned media coverage in French regional press. The operating footprint is anchored in Grand Est, France, with early international demand evidenced by a 2022 inaugural US-led robotic surgery cohort.

Name

Velvet Innovative Technologies

Legal name

VELVET INNOVATIVE TECHNOLOGIES

Website

https://velvet-innovative-technologies.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

1–10 employees

Short description

Velvet Innovative Technologies is a Nancy-based medical-surgical service company providing hands-on veterinary surgery training and developing proprietary medical devices, simulators, and 3D printing services for veterinary and cardiology professionals.

Ownership category

akta.pro rank

Product category

Veterinary Surgical Training & Medical Devices

NAICS

Surgical and Medical Instrument Manufacturing (339112), Scientific Research and Development Services (5417), Veterinary Services (541940)

SIC

Surgical & Medical Instruments & Apparatus (3841), Services-Commercial Physical & Biological Research (8731)

akta.pro primary industry

Surgical & Procedural Instruments (Scalpels, Forceps, Retractors) (HLAMAFAA)

akta.pro secondary industries

Anesthesia, Ventilation & Patient Monitoring (Machines, Vaporizers, Monitors) (HLAMAFAB), Open & Minimally Invasive Surgical Instruments (Handheld, Laparoscopic, MIS) (HLAHADAA)

Keywords

• Veterinary surgery training
• Medical device R&D
• Surgical simulation devices
• Continuing veterinary education
• Medical 3D printing services

Headquarters

HQ city

Nancy

HQ country

France

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain

Revenue model

1. Veterinary Training Courses: Professional training services for veterinarians including robotic surgery, arthroscopy, laparoscopy, thoracoscopy, anesthesia, and specialized veterinary assistant training. Courses offered in partnership with AFVAC and as standalone VIT catalog courses.
2. Medical Device R&D: Research and development of innovative medical devices including cardiac assistance systems, ex vivo perfusion systems, simulators, and training equipment for veterinary and medical applications.
3. 3D Printing & Prototyping Services: Custom 3D printing and CAD modeling services for medical research, veterinary professionals, and researchers using various biomedical materials.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Velvet Innovative Technologies is a medical-surgical service company that provides advanced veterinary surgery training (robotic, arthroscopy, laparoscopy, thoracoscopy, endoscopy, ophthalmology, anesthesia) and conducts research and development of innovative medical devices and simulators, including cardiac assistance systems, ex vivo perfusion systems, pericardiocentesis simulators, and mixed-reality training tools. It also offers custom 3D printing and CAD prototyping services for healthcare professionals, veterinarians, and researchers.

Product overview

Velvet Innovative Technologies is a medical-surgical service company operating around two major axes: veterinary surgery training and research and development of innovative devices. The product portfolio includes medical devices (EX VIVO SYSTEM for explanted heart perfusion, HEART MOTION ASSISTANCE for cardiac support, B.E.S.T. for endoscopy training, and SIMCARD for pericardiocentesis simulation), 3D printing and CAD services for custom prosthetics, INNOVET for mixed reality veterinary training, and comprehensive veterinary surgical training programs (robotic surgery, laparoscopy, arthroscopy, endoscopy). The company also offers live streaming services for training sessions through Velvet Live rooms.

Differentiator

Problem solved

Functional benefit

Brands

• SIMCARD: Un simulateur de péricardiosynthèse pour le monde de la cardiologie interventionnelle. Developed in collaboration with Dr. Charles-Henry MAIGRAT, cardiologue interventionnel.
• INNOVET
• EX VIVO SYSTEM
• HEART MOTION ASSISTANCE
• B.E.S.T.

Products and services

• EX VIVO SYSTEM Innovative device for perfusing explanted hearts, designed for research and training purposes in cardiac procedures. Targeted at cardiac researchers and veterinary/medical training programs.
• HEART MOTION ASSISTANCE (HEMA) Cardiac assistance device using mechanical compression technology for heart support, designed as an alternative method for treating terminal heart failure. Targeted at cardiac care researchers and medical device partners.
• B.E.S.T. (Endoscopy Training Device) Learning device for endoscopy training, providing hands-on practice for endoscopic procedures. Targeted at veterinary and medical professionals learning endoscopy.
• 3D Printing & CAD Services Custom 3D printing and CAD modeling services for health professionals, veterinarians, and researchers using materials including PLA, nylon, and silicone. Includes finite element simulation (Abaqus), tissue/organ behavior studies, and custom prosthetics. Targeted at healthcare professionals, veterinarians, and medical researchers.
• SIMCARD Pericardiocentesis simulator designed to help practitioners improve their technique and confidence. Features realistic silicone skin for training on needle insertion and cardiac tamponade reduction. Portable with modern transport case. Co-developed with Dr. Charles-Henry MAIGRAT. Targeted at cardiologists and interventional cardiology trainees.
• INNOVET Innovative training platform using mixed reality technology for veterinary operating rooms. Targeted at veterinary professionals seeking immersive OR training.
• Robotic Surgery Training Program Training program for robotic surgery fundamentals using the Da Vinci robot, covering operative knowledge, OR organization, and handling techniques. Targeted at veterinary surgeons and specialists.
• VIT Training Catalogue Innovative training catalogue covering advanced veterinary surgical practices, offered as the standalone VIT catalog of training courses. Targeted at veterinary professionals seeking advanced continuing education.
• VIT/AFVAC Training Partnership Program Training courses offered in partnership with AFVAC, covering ophthalmology, arthroscopy, coelioscopy, endoscopy, urology, and modular surgery. Targeted at French veterinary professionals via the AFVAC network.
• Advanced Arthroscopy Training Advanced arthroscopy training covering elbow, shoulder, and stifle joint exploration and treatment, conducted on canine cadavers with refresh simulator sessions. Targeted at veterinary surgeons seeking advanced arthroscopic skills.
• Advanced Laparoscopy and Thoracoscopy Training Advanced training in abdominal laparoscopy and thoracoscopy techniques including suturing, hernia repair, and organ removal, with hands-on sessions on simulators and canine cadavers. Targeted at veterinary surgeons seeking advanced minimally invasive skills.
• Velvet Live Streaming Live streaming platform for veterinary training sessions with two dedicated rooms (Room 1 and Room 2). Targeted at remote veterinary professionals and trainees who cannot attend in-person.

Named customers1 record

Segments1 record

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Ten partnerships are on record, tiered core, major, moderate and minor.

• Université de Médecine de NancycoreStrategic or Co-development Partner · 1 July 2022Hosted first international robotic veterinary surgery training at the University of Medicine of Nancy, where US veterinary specialists trained on Da Vinci robotic surgery system.
• Professor Nguyen TRANcoreStrategic or Co-development Partner · 1 January 2021Key collaborator who co-filed the first patent on external cardiac compression assistance. Partner in Veterinary Innovative Practices Training Center (VIP-TC) project at Château de Pixerécourt.
• AFVAC (Association Française Vétérinaire des Animaux de Compagnie)coreStrategic or Co-development PartnerPartnership for joint training catalog - VIT and AFVAC offer combined training programs for veterinary professionals in various specialties including ophthalmology, arthroscopy, coelioscopy, endoscopy, and modular surgery.
• Domaine de PixerécourtmajorStrategic or Co-development PartnerProject partnership for veterinary excellence training center at Château de Pixerécourt, involving Professor Nguyen TRAN and VIP-TC (Veterinary Innovative Practices Training Center).
• ESAVS (European School of Advanced Veterinary Studies)moderateStrategic or Co-development PartnerListed as partner in company ecosystem for veterinary training and education collaboration.
• FCVUNLP (Universidad Nacional de La Plata)minorStrategic or Co-development PartnerAcademic partner institution collaboration in veterinary education and research.
• Dr. Eric MonnetcoreStrategic or Co-development PartnerKey training instructor - Diplomate ACVS-ECVS, Professor at Colorado State University. Expert trainer for advanced laparoscopy and thoracoscopy courses.
• Dr. Federico MassaricoreStrategic or Co-development PartnerKey training instructor - Diplomate ECVS, President of SCIVAC and SICMIV (Italian Society of Mininvasive Surgery). Expert trainer for laparoscopy courses.
• Dr. Jean-Guillaume GRANDcoreStrategic or Co-development PartnerKey training instructor - ECVS diplomate since 2012, specialist in orthopedics, traumatology, minimally invasive surgery, and 3D printing for bone deformity correction.
• Dr. Charles-Henry MAIGRATcoreStrategic or Co-development PartnerInterventional cardiologist who co-developed the SIMCARD™ pericardiocentesis simulator.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Surgical Science Sweden AB: Surgical Science develops virtual-reality simulators and educational software for medical and veterinary surgery training. Directly comparable in offering surgical simulators and training solutions to clinicians, including veterinary markets.
• Improve International: Improve International provides continuing education and hands-on training for veterinary professionals across Europe, including surgical specializations. Comparable as a direct competitor for advanced veterinary surgical training courses.
• ESAVS (European School of Advanced Veterinary Studies): ESAVS is a long-established provider of advanced veterinary training courses across Europe with a similar postgraduate, specialist-targeted course catalog. Velvet lists ESAVS as a partner but it is also a competing advanced-vet-training platform.

Broad incumbents

• Laerdal Medical: Laerdal Medical is a global incumbent in medical simulation and resuscitation training equipment. Comparable as a broader medical simulation incumbent that addresses many of the same categories of hands-on training that Velvet's veterinary and cardiology simulators address.
• CAE Healthcare: CAE Healthcare is a broad medical simulation incumbent with patient simulators and ultrasound training. Comparable as a larger, established player in healthcare simulation training that competes for institutional simulation budgets.
• 3D Systems (Simbionix): 3D Systems (via Simbionix) is an established provider of virtual reality surgical simulation and 3D-printed anatomical models. Comparable as a broader incumbent in surgical simulation and 3D-printed medical models — adjacent to Velvet's B.E.S.T. and 3D printing offerings.

Emerging players

• Osso VR: Osso VR provides VR-based surgical training for surgeons and surgical teams. Comparable as an emerging immersive surgical training peer whose technology direction mirrors Velvet's INNOVET mixed-reality veterinary training.
• FundamentalVR: FundamentalVR builds haptics-enabled VR surgical simulation and training, overlapping with Velvet's INNOVET mixed-reality veterinary training ambitions. Comparable as an emerging player in immersive surgical training technology.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/V.I.T.GRAND.EST
• LinkedInlinkedin.com/company/transviemedical
• Instagraminstagram.com/velvet_innovative_technologies

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Velvet Innovative Technologies