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Cryogenx raises £800K in a seed funding round led by the British Design Fund to develop a life-saving portable body cooling device

PRIVATEJun 28, 2024

Amount Raised

£800,000

Round Type

Seed

LondonManufacturingHealth CareMedical Device

Investors

Us Based FundBritish Design Fund

Description

London-based startup Cryogenx, offering a portable body cooling device for heat-related illness, has secured £800K in a seed funding round. The investment includes £150K from the British Design Fund and participation from angel investors and a US-based fund. The funding will support the company in initiating and ramping up its commercial activities, completing its first formal production run, and undertaking preclinical studies with several institutions.

Quick answer

Cryogenx raised £800,000 in a Seed round, dated June 28, 2024. Investors: Us Based Fund and British Design Fund. Cryogenx is based in London, England, United Kingdom.

How much did Cryogenx raise?
Cryogenx raised £800,000 in a Seed round on June 28, 2024.
Who invested in Cryogenx?
Us Based Fund and British Design Fund are named as investors in this round.
What does Cryogenx do?
Cryogenx is a London-based healthtech startup that offers a portable body cooling device for heat-related illness.
Where is Cryogenx based and how big is it?
Cryogenx is based in London, England, United Kingdom.
Who are the decision-makers at Cryogenx?
Fundz holds 1 contact at Cryogenx. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Medical Device and Manufacturing around the same time

Companies in the same sectors as Cryogenx that raised within 45 days of this round, from Fundz verified event records.

  • Aevice Health raised $7M (Seed) on August 12, 2024.
  • Xtant Medical Holdings raised $5M on August 9, 2024.
  • AmorSui raised $3.5M (Seed) on August 8, 2024.
  • 4D Medicine raised $4.4M (Series A) on July 26, 2024.
  • Bedal International raised $11M (Funding Round) on July 12, 2024.
  • Endoron Medical raised $10M (Series A) on July 9, 2024.

Who to call at Cryogenx, and when

A new round usually means Cryogenx is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Cryogenx

Location

London, England, United Kingdom

About

Cryogenx is a London-based healthtech startup that offers a portable body cooling device for heat-related illness. Their patent-pending technology features a powerful coolant stored within compact cylinders that is injected into an adhesive, thermally conductive pad placed on the patient’s torso, providing immediate and on-demand solution for heat-related illnesses.

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Cryogenx raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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