Fullstim: Stéphane Lavallée’s Holding Company Founded in 2019
Since it was founded, Fullstim has rapidly established itself as a major player in investment and group management for companies in the MedTech sector. At the core of our activities is the Haventure network, the world’s leading start-up incubator dedicated to surgical robotics.
For several years now, Haventure has been recognized as one of the international leaders in its field, with a unique track record of 100% success in its start-ups and developments
… It is to foster innovation and growth by offering first-class financial and strategic services to our partner start-ups and members of the Haventure network.
Fullstim manages and coordinates financial and strategic operations, including mergers & acquisitions (M&A), fundraising, and initial public offerings (IPOs).
By collaborating with start-ups’ executive teams and external advisors (accountants, banks, law firms), we ensure the fast, efficient, and transparent execution of these processes, while meeting investors’ requirements.
Fullstim stands out by offering a unique collaboration model for the start-ups it advises, with remuneration based entirely on success, capped at 1% of the value of the financial transaction executed
In the future, FULLSTIM aims to expand its business and network, and to provide services to other companies in the MedTech sector.
We are determined to play an active role in promoting innovation and excellence in this fast-growing field.
A serial entrepreneur in surgical robotics start-ups, he has spent his career developing innovations, products, and businesses in this booming market.
Remarkably, none of the companies he created have failed. He is proud to have originated around 700 jobs in the surgical robotics sector in the Grenoble area.
Throughout his notable career, he has received several awards for his discoveries.
Explore his LinkedIn profile to learn more, and discover his ISTELAR endowment fund.7
Stéphane’s current network is built around two core companies:
- One provides state-of-the-art technology in computer-assisted surgery.
- The other offers tailored services in Human Resources, QARA, Legal, and IT. These services support the start-ups he creates, allowing them to focus on developing their products and implementing their visions for success.
MinMax Medical
Haventure
These enterprises, along with various other ventures, form the foundation of a highly ambitious network of start-ups in the medical sector, co-founded by Stéphane Lavallée and encompassing
LUKE Robotics (2024)
SCAP Hologram (2024)
MAIA Medical Technologies (2023)
Visit website
KYNISKA Robotics (2022)
ZENTACT Robotics (2022)
SpinEM Robotics (2021)
EXTREMIS Robotics (2021)
MATRIA Health Technologies (2015)
ecential robotics (2009)
UroMems
Background
Co-founder, CEO and President of PRAXIM
In 1998, Stéphane Lavallée became the CEO of Praxim, a navigation and robotic company.
- 1st product : an ENT navigation system (CE and FDA-approved)
- Then: TKA, HTO, ACL, etc.
In total, a few hundred navigation systems were deployed in Europe and the USA. Praxim was acquired by Omni in 2008, a US-based implant company.
Major achievements:
- More than 200 Navigation Systems sold and installed to hospitals and implant companies worldwide
- Set up an international company from scratch
- Portfolio of more than 10 CE and FDA approved products
- Set-up and management of international affiliates and offices (USA, Germany, Swiss, BNL, UK).
- Considered by experts as one of the worldwide leading company in CAMI innovations
- Fund raising of ~20M€ in total
- Annual Revenues of 5M€ in Europe and USA
- Acquisition of Swiss company Medivision from Synthes
- Management of up to 70 employees
- Alliance with Hospital for Special Surgery (New York, ranked n°1 in the USA)
- Alliance with Grenoble University
1991–1998 Researcher at CNRS (National Center for Scientific Research)
At Grenoble Hospital :
- Invention of pre-op CT images registration with intra-operative data surface-based for spine surgery, patented and sold to Medtronic for their Stealth spine navigation system.
Navigated ACL Surgery
Invention of “image free navigation” in 1992.
Solution extended to TKA in the Aesculap BBraun navigation station (Orthopilot product in 1997).
1990–1991 Consultant for Digital Equipment Corporation (Cambridge Research Laboratories)
Development of software in medical image processing, with focus on algorithms for fast registration using octree-spline distance maps and octree-spline deformation grids
- Work under management of Rick Szeliski (Principal Engineer at DEC)
- Scientific relationships/workshops with MIT and Harvard Medical school
1989–1990 PhD researcher at Grenoble University
In the framework of his doctoral thesis in 1989, working with the Pr. Louis Alim Benabid and Pr. Philippe Cinquin, Stéphane Lavallée developed :
- The first robot used in clinical routine worldwide to place electrodes or biopsy needles in the brain, with surgical planning on 2 intra-operative X-ray images registered with the robot space.
- Several hundred neurosurgeries were performed.
- This robot is the ancestor of recent neurosurgery robots.
1986–1989
PhD in Biomedical Engineering
(robot-assisted neurosurgery, Grenoble Univ, Honours)
1985–1986
Master (DEA) in Signal Processing
(Rennes Univ., Top of Class)
1983–1986
Engineer SUP TELECOM Bretagne
(Specialization in Medical Imaging, Brest)
1980–1983
Classes preparatoires Math Sup-Spe
(Lycee Janson de Sailly, Paris)
Since then, several companies, founded by Stéphane Lavallée, have flourished in Grenoble in Computer-assisted orthopedic surgery, for instance:
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. (TRAUMIS)
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. (A2SURGICAL)
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. (BlueOrtho)
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. (IMASCAP)
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. (ORTHOTAXY)
View patents
Read publications
2022
2014
2011
2006
2005
1999
1994
Stéphane LAVALLÉE and his family have founded in 2022 the ISTELLAR FOUNDATION.
Istelar is a philanthropic entity representing donations made directly by Irina and Stéphane Lavallée on the one hand and the ISTELAR “fonds de donation” on the other hand.
Fullstim Team
Marc Gliner, Managing Director
As Fullstim Managing Director, my mission is to support and advise Stéphane Lavallée in the day-to-day management of his operations, working closely with our financial, legal and tax advisors. My role also extends to assisting FULLSTIM-affiliated companies in their growth, particularly when raising funds, carrying out mergers and acquisitions, or setting up strategic partnerships.
Fullstim aims to develop its business so that other companies in the Medtech sector can benefit from its expertise.
Françoise Bermond, Executive assistant
In charge of the administrative and financial management of the FULLSTIM holding company and the ISTELAR FOUNDATION endowment fund.
