Chief Technology Officer (Medical Devices)

Chief Technology Officer (CTO) - MedTech

Company: MedTech Start-up (Series B)

Location: Locally preferred but can be flexible, or remote for an ideal candidate.

About the Company: Our client is a dynamic, fast-growing multinational MedTech start-up currently with Series B funding. They are dedicated to revolutionizing healthcare through innovative embedded electronic medical technologies that improve patient outcomes and enhance healthcare delivery. With a diverse and talented team spread across multiple geographies, they are on a mission to bring cutting-edge solutions to market and create a lasting impact in the healthcare industry. With some products already out to market, they are seeking to expand on this success in the US.

Position Overview: Our client is seeking an experienced and visionary Chief Technology Officer (CTO) to lead and expand their R&D division, which currently comprises around 40 highly skilled professionals, internationally with the plan to double this in San Francisco. The ideal candidate will have a proven track record of taking start-ups from early-stage development through to successful exit and be comfortable engaging with investors and stakeholders to secure further funding rounds. This is a unique opportunity for a strategic leader with a deep technical background and a passion for MedTech innovation to drive the next phase of our client’s growth.

Key Responsibilities:

Technical Leadership:

• Define and execute the company’s technology strategy in alignment with business goals.
• Lead, mentor, and manage a diverse R&D team of around 30 electronics, mechanical and embedded electronics engineers, scientists, and developers across various locations.
• Oversee all aspects of product development, from ideation to commercialization, ensuring that products meet regulatory standards and market needs.
• Stay at the forefront of industry trends and technological advancements to guide innovation and maintain a competitive edge.

Strategic Growth:

• Collaborate closely with the CEO and executive team to shape the company’s strategic direction and roadmap.
• Play a key role in scaling the company’s technology capabilities to support growth and global expansion.
• Drive operational excellence within the R&D team, optimizing processes for efficiency, quality, and innovation.

Funding and Investor Relations:

• Actively participate in securing further funding rounds by presenting the company’s technological vision and roadmap to investors and stakeholders.
• Develop and maintain strong relationships with current and prospective investors, ensuring transparency and alignment with the company’s long-term goals.
• Provide technical due diligence support during fundraising and M&A activities.

Product and Market Development:

• Guide the development of innovative products that meet clinical needs, regulatory requirements, and market demands.
• Collaborate with the commercial team to align product development with market strategies and customer feedback.
• Ensure robust intellectual property strategies to protect innovations and enhance the company’s competitive position.

1. Regulatory Compliance:

• Ensure all products meet necessary regulatory standards and work closely with the quality assurance and regulatory teams.
• Lead efforts to achieve and maintain certifications and approvals from relevant regulatory bodies.

Qualifications:

• Experience: Minimum 10-15 years of experience in technology leadership roles, with at least 5 years in the MedTech sector. Proven track record of taking start-ups from early-stage to exit, ideally through IPO or acquisition.
• Education: Advanced degree in Engineering, Computer Science, Biomedical Engineering, or a related field; MBA or equivalent business experience is a plus.
• Technical Expertise: Deep understanding of MedTech product development, including hardware, software, and AI-driven solutions. Familiarity with regulatory environments such as FDA and CE mark is essential.
• Leadership: Demonstrated ability to lead, manage, and grow R&D teams in a fast-paced, dynamic environment. Experience with multinational teams and remote management is a plus.
• Fundraising Experience: Proven experience in participating in or leading fundraising efforts, including presenting to investors and managing due diligence processes.
• Soft Skills: Excellent communication, negotiation, and stakeholder management skills. Ability to inspire and motivate teams, with a hands-on approach when needed.
• Global Perspective: Experience working in a multinational environment, with an understanding of the challenges and opportunities of global markets.

What is Offered:

• A competitive salary and equity package commensurate with experience (around 7.5%)
• The opportunity to work in a high-impact, fast-paced environment with a global team of passionate professionals.
• The chance to lead the technological vision of a cutting-edge MedTech company with a clear path to market and potential exit.
• Flexible working arrangements, including remote work and international travel opportunities

Our client is an equal opportunity employer. They celebrate diversity and are committed to creating an inclusive environment for all employees.