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Spanish MedTech scale-up Aortyx spins spider-inspired tech to mend torn aortas – raising €13.8 million
- Aortyx, a Barcelona-based MedTech scale-up, raises €13.8 million in a Series A funding round to bring their bioresorbable patch for treating aortic tears closer to market.
- The funding round is led by Ship2B Ventures and Clave Capital, among others, with participation from various investors and angel investors.
- The patch developed by Aortyx is a minimally invasive solution for aortic dissections, utilizing a steerable catheter to deploy a circular patch that plugs the tear in the aortic wall.
- The team consists of four Co-founders, with expertise in various domains, and they have created a bioresorbable patch using an electrospinning technique inspired by spider silk.
- Aortyx aims at reducing mortality and morbidity rates associated with aortic dissections, a condition affecting more than 50,000 Europeans annually, by providing a less invasive treatment option.
- The technology has shown successful outcomes in animal and cadaver tests, with plans to begin first-in-human testing within two years, targeting vascular and cardiothoracic surgeons as key users.
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