Nextern
Private Company
Total funding raised: $65M
Overview
Nextern operates as a full-service Contract Development and Manufacturing Organization (CDMO) in the medical device sector, providing end-to-end solutions from initial design through global manufacturing. It leverages a vertically integrated model with strategic facilities in Minnesota, Costa Rica, and Asia to offer flexibility, speed-to-market, and scalable production. The company targets innovators and device partners, aligning incentives to handle complex engineering and manufacturing while clients focus on commercial strategy. Its expertise spans high-growth areas like neuromodulation, single-use devices, and connected digital health platforms.
Technology Platform
Vertically integrated medical device design, development, and manufacturing service platform. Core competencies include minimally invasive device engineering, bio-simulation, connected care software (Nextern Liink), and specialized manufacturing for Class III active implantable leads and bioelectronics.
Funding History
2Opportunities
Risk Factors
Competitive Landscape
Nextern competes with large, global medical device contract manufacturers (e.g., Jabil, Flex, Sanmina) and specialized design-focused firms. Its differentiation lies in vertical integration of high-complexity design with manufacturing, a partnership-aligned model, and niche expertise in active implantables and connected care software, setting it apart from pure-play manufacturers.