Protembis Closes $10M Series A Funding

protembisProtembis GmbH, an Aachen, Germany-based medical technology startup, closed a $10m Series A financing.

Backers included:
– Abiomed Inc.,
– Seed Fonds III for the region of Aachen and Mönchengladbach GmbH & Co. KG,
– coparion GmbH & Co.

The company intends to use the funds to conduct further clinical studies in renowned heart centers in Europe and the U.S.A. and bring its product to market maturity.

Co-founded by Karl von Mangoldt and Conrad Rasmus, and also led by Oliver Schumacher, Chief Technology Officer, Protembis develops a catheter-based filter system to protect patients undergoing interventional heart procedures from stroke and other neurological injuries.
The “ProtEmbo Cerebral Protection System” – also called the “ProtEmbo” – aims to minimize the risk of stroke and other neurological injury in heart valve interventions.

Protembis has already demonstrated the initial safety and feasibility of the ProtEmbo in a first-in-human clinical study – the effectiveness of the technology was also shown. The company now plans to conduct further clinical studies in renowned heart centers in Europe and the U.S.A.

FinSMEs

26/10/2018

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