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Julier Medical Raises €3 Million In Seed Financing From Sofinnova Partners To Treat Patients With Acute Ischemic Stroke

Jan 23, 2023almost 3 years ago

Amount Raised

€3 Million

Round Type

seed

ParisMedical DeviceMedicalBiotechnologyHealth Care

Investors

SofinnovaSofinnova Partners

Description

PARIS, FRANCE / January 23, 2023 / Julier Medical ("Julier"), a Paris-based medical device company developing an innovative solution for the removal of blood clots and post-stroke revascularization, today announced a successful €3 million seed financing from Sofinnova Partners, a leading European life sciences venture capital firm based in Paris, London and Milan. The funds will support the development of Julier's mechanical thrombectomy device to treat patients with Acute Ischemic Stroke (AIS) until its first clinical study. This is the fifth investment by Sofinnova's medtech acceleration fund, Sofinnova MD Start III.

Company Information

Company

Julier Medical

Location

Paris, Ile De France, France

About

Julier is developing a next generation mechanical thrombectomy solution for the removal of thrombus and revascularization of patients experiencing Acute Ischemic Strokes. The core technology is derived from the work of two serial medtech entrepreneurs, Laurent Grandidier and Niall Behan.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers