Brazil-based medical technology firm Invel has announced plans to move its global headquarters to Lake Nona’s Medical City of the Orlando, Florida region. The firm, which creates biocearmic and far infrared apparel to help with blood flow, chronic muscle pain and cell repair, will open in its new space on Feb. 18. Invel will start operations at its Lake Nona headquarters with 10 employees and expects to add more jobs in later 2019.
Invel’s global headquarters will be located at the GuideWell Innovation Center of Lake Nona’s Medical City. Invel chose the Lake Nona Medical City, a 650-acre health and life sciences park, for its high concentration of medical professionals and status as the premiere global location for health and wellness innovation. The firm will join Lake Nona Medical City’s community that includes the University of Central Florida Health Sciences Campus, VA Medical Center, the Johnson & Johnson Human Performance Institute and more.
The Lake Nona district also currently has more than $1 billion worth of projects planned for the next several years. This includes KPMG’s state-of-the-art $430 million new training facility. Amazon is also joining with a planned $120 million, 2.3 million-square-foot fulfillment center and a 3.8-million-square-foot Town Center is underway in partnership with shopping center pioneer Steiner + Associates and Alphabet’s Intersection, who partnered with Lake Nona to create a tech-forward plan to transform traditional brick-and-mortar retail.