STENTIT: RAISES EUR 1.8M IN SEED FUNDING

STENTiT Raises EUR 1.8M in Seed Funding

• STENTIT An Eindhoven A Netherlands-based MedTech company has raised EUR1.8m in seed funds
• This round was led through NextGen Ventures, Brabant Development Agency (BOM), and Ten Cate Investment Company. Ten Cate Investment Company
• The company plans to make use of the funds to fund the development of further preclinical studies and production in batches of a regenerative stent to treat peripheral indications.
• This company operates as a manufacturer of medical devices introducing a brand new type of regenerative endovascular implant for treating cardiovascular disorders.
• Utilizing a catheter-based method, they provide the possibility of repairing arterial arteries without an in-depth surgical procedure.
• The goal is to repair the blood vessel damage from the inside to give a long-lasting treatment.

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