Syntach Ab Announces €17.5M In Blended Funding, Names Patrick Nj Schnegelsberg As New Ceo, And Appoints Cansel Isikli As Vp Of Ra/Q
Amount Raised
€17.5 Million
Round Type
Funding Round
SwedenBiotechnologyHealth CareMedical DeviceInvestors
Description
Swedish medtech startup Syntach AB has been awarded up to €15 million in equity financing by European Innovation Council (EIC) for the development of the Syntach Cardiac Support System, a breakthrough device for patients with heart failure. This approval follows the award of a €2.5 million grant from the EIC announced by Syntach AB in December 2021 and constitutes the equity portion of the up to €17.5 million of blended finance under the EIC Accelerator program. the Company also appointed Patrick N.J. Schnegelsberg as Chief Executive Officer to accelerate the development of Syntach's innovative minimally invasive support system for heart failure patients.
Quick answer
Syntach AB raised €17.5 Million in a Funding Round round, dated January 30, 2023. Investors: Eic and European Innovation Council. Syntach AB is based in Sweden.
- How much did Syntach AB raise?
- Syntach AB raised €17.5 Million in a Funding Round round on January 30, 2023.
- Who invested in Syntach AB?
- Eic and European Innovation Council are named as investors in this round.
- What does Syntach AB do?
- Syntach AB is innovation-driven company based in Lund, Sweden.
- Where is Syntach AB based and how big is it?
- Syntach AB is based in Sweden.
Source: Fundz verified event record.
Who else raised in Medical Device and Biotechnology around the same time
Companies in the same sectors as Syntach AB that raised within 45 days of this round, from Fundz verified event records.
- Evergreen Theragnostics raised $15M (Series B) on March 13, 2023.
- NuVision Biotherapies raised $1.3M (Seed) on March 9, 2023.
- Autonomix Medical raised $675K (Seed) on March 6, 2023.
- SigTuple raised $4.5M (Seed) on March 1, 2023.
- Rhaeos raised $11M (Series A) on February 16, 2023.
- Rhaeos raised $6.2M on February 15, 2023.
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