Powered by

Home SMB's US-based Health-tech investment firm backed by 100+ certified doctors is building the 'Tesla of spine surgery' after raising ₹130 Cr funds

US-based Health-tech investment firm backed by 100+ certified doctors is building the 'Tesla of spine surgery' after raising ₹130 Cr funds

KIC Ventures, founded by Aditya Humad and Dr. Kingsley Chin, empowers physicians to drive innovation in spine care through motion-preserving technologies and mission-led investments.

By Bilal Khan
New Update
kic web

Aditya Humad and Dr. Kingsley Chin, Founders of KIC Venture

Listen to this article
0.75x1x1.5x
00:00/ 00:00

Did you know that over 260 million people suffer from degenerative spine disease every year, making back pain the second most common reason to visit a doctor globally?

Advertisment

While the condition is widespread, the solution we’ve normalized, spinal fusion, might not be solving the problem at all. Instead of relieving patients from pain for good, it often pushes them into a cycle of surgeries, long-term complications, and restricted mobility.

For decades, spinal fusion, where metal screws and rods are inserted to immobilize the spine, has been the default treatment. 

But Aditya Humad, an ex-Wall Street banker, and Dr. Kingsley Chin, a Harvard-trained orthopedic spine surgeon, are creating a new market to lead interventional spine surgery based on their proprietary LESS (Less Exposure Spine Surgery) treatment philosophy, restoring mobility through motion-preserving technologies.

Like Tesla taking on the gas-powered car industry, their portfolio companies are disrupting spine surgery by challenging traditional open spine fusions and building a movement among physicians worldwide to partner with them as owners, not just users.

Through portfolio companies such as NANISX and AxioMed, KIC Ventures is not just investing, it’s building a mission-driven, innovation-powered, doctor-led movement to redefine the future of spine care.

Aditya Humad CoFounder at KIC Ventures desk (1)
Aditya Humad, co-founder at KIC Venture's desk

Also read: “Typing ‘I love you’ never feels the same as saying it" - Meet Hyderabad founder who launches a voice-first app for real human connections (startuppedia.in)

A US-Based Investment Firm Building the Future of Spine Surgery

Launched in 2013, KIC Ventures is the venture arm of KIC (established in 2005) that straddles two powerful models:

It develops and scales innovative spine care technologies through its portfolio companies.

It operates as an investment platform for physicians, family offices, and strategic partners who want to join the movement for better spine care.

Unlike typical venture-backed startups, KIC Ventures reduces investor risk by diversifying across a portfolio of products and companies, funded through revenues and strategic investments rather than institutional venture capital, ensuring stability and scalability.

Founded by Dr. Kingsley Chin and Aditya Humad, the firm is rooted in the belief that the future of healthcare lies in empowering doctors not just to perform surgeries, but to own, lead, and innovate the tools that shape medical outcomes.

With its base in the U.S. and a network of 100+ physicians, distributors, and high-net-worth individuals across 14 countries, KIC Ventures has raised over ₹260 Cr to advance the field with medical technologies that have helped more than 200,000 patients so far.

Group Photo 1
Dr. Kingsley Chin with the KIC Venture team.

Also read: This mechanical engineer quit high-paying job to rescue bees - Now clocks Rs. 65 Lakh annual turnover (startuppedia.in)

What NANISX and AxioMed Offer

At the core of KIC Ventures’ portfolio is the LESS treatment philosophy.

AxioMed (in the final stages of FDA clearance): a viscoelastic disc replacement that mimics the function of a healthy disc. Unlike traditional fusion, which immobilizes the spine, AxioMed restores natural movement without compromising flexibility.

NANISX: pioneering interventional spine surgery as same-day outpatient procedures, with proven technologies on the market backed by peer-reviewed research publications and a robust development pipeline to expand the platform.

Together, these companies contribute to KIC Ventures’ track record of 30+ FDA-cleared spine care products developed over the last 20 years.

The firm is focused on building technology adoption among physicians through training and education via its VET (Visit Education Training) program at its corporate headquarters in Florida, and by establishing a LESS Certification Program.

Their distribution model also stands apart. Instead of flooding the market through layers of distributors, they partner directly with mission-aligned hospitals, doctors, and healthcare leaders.

20 Years of Innovation, Resilience, and Proof

The story of KIC Ventures isn’t just about technology, it’s about consistency and expertise built over two decades.

From launching its first FDA-cleared product in 2008 to building the AxioMed and NANISX platforms today, the journey reflects resilience, ingenuity, and purpose.

Without ever raising institutional venture capital, the founders attracted more than 100 investors, including physicians, distributors, family offices, and high-net-worth individuals globally, who believed in the mission and collectively raised over ₹260 Cr.

“This is a timely opportunity for physicians to join the movement and partner with KIC Ventures as we close out our Series A round and launch the KIC Spine Innovation Fund as a $200M SPV Fund to scale AxioMed and NANISX globally,” Aditya explains.

The firm plans to reserve up to 20% of the KICSIF Fund exclusively for physicians who bring expertise and alignment to the mission. The remaining capital will come from family offices, strategic partners, and healthcare funds.

Office - Lab 2
Spine innovation training session led by our Director of Physician Training, Dr. Gabriel, alongside Dr. Kingsley Chin and key physician partners.

Also read: Gurugram Engineer Starts A Cybersecurity Co. From Home; His Startup Now Serves 800+ Clients Globally & Generated ₹25 Cr+ Rev During Last FY (startuppedia.in)

Entering India and Beyond

India is the next big frontier for KIC Ventures’ vision. With millions suffering from spine-related ailments and cultural hesitation toward surgery due to fear of poor outcomes, the need for interventional spine surgery and motion-preserving solutions is massive.

KIC Ventures plans to scale globally, with India being a key market to establish joint ventures and investment partnerships as part of its long-term growth strategy.

The firm’s goal is to establish Centers of Excellence focused on training and certification around the LESS Exposure Spine Surgery treatment philosophy, and to create a robust ecosystem of mission-aligned physician-owners across the country.

“This is a movement for physicians to wake up and be part of something bigger,” says Aditya, urging Indian doctors to join in.

Join the Movement for Motion

KIC Ventures is not just building medical devices, it’s asking the world to rethink spine surgery.

They’re inviting doctors, investors, hospitals, and partners in India and worldwide to join their mission. Physicians, especially, are being called to lead this change and participate in this timely opportunity to own a piece of the industry’s future.

With a proven track record, world-class leadership, and a mission-driven portfolio, KIC Ventures stands as a beacon for the future of spine care.

Group Photo 2
KIC Venture team

Also read: Meet these two 22-YO engineers who built India’s first AI-powered Robot that burns weeds with lasers instead of pesticides (startuppedia.in)

FAQ

What is KIC Ventures?
A US-based HealthTech investment firm empowering physicians to lead innovation in spine care.
Who are the founders of KIC Ventures?
Dr. Kingsley Chin, Harvard-trained orthopedic spine surgeon, and Aditya Humad, ex-Wall Street banker.
What technologies are in their portfolio?
AxioMed – disc replacement restoring spinal movement; NANISX – same-day outpatient spine surgery. 30+ FDA-cleared products developed over 20 years.
How does KIC Ventures support physicians?
Through the VET Program and LESS Certification, training physicians to adopt motion-preserving spine surgery.
How can physicians or investors join?
Through the KIC Spine Innovation Fund, with 20% reserved for physicians and the rest from strategic partners and family offices.