Oxford Endovascular Raises GBP8m for OXIFLOW Medical Device
Oxford Endovascular, a medtech startup based in Oxford, UK, recently announced the closure of an GBP8m Series A+ funding round. The funding was led by Parkwalk Advisors and included participation from Norcliffe Capital, Oxford Science Enterprises (OSE), Vulpes, and the University of Oxford. The company's primary goal with this funding is to bring its medical device, OXIFLOW, closer to a First-In-Human clinical study and to further scale up its operations.
Founded by Mike Karim, CEO, Oxford Endovascular is a spin-out company from Oxford University.
The company's main focus is on preventing brain hemorrhage by treating brain aneurysms, a condition that affects 1 in 50 people. Oxford Endovascular is currently developing OxiFlow™️, an innovative flow-diverter that redirects blood flow away from intracranial aneurysms at risk of rupture. This innovative device offers improved accuracy and safety compared to existing treatments, ultimately reducing the risk of complications while providing a better fit for blood vessels, making it suitable for a larger number of patients.
With the support of investors such as Parkwalk Advisors and partnerships with institutions like Oxford Science Enterprises and the University of Oxford, Oxford Endovascular is well-positioned to advance its groundbreaking technology. The successful funding round will enable the company to conduct crucial clinical trials and reach a significant milestone in bringing its life-saving device to market. Oxford Endovascular's dedication to innovation and commitment to improving outcomes for patients with brain aneurysms highlight its potential to make a meaningful impact in the field of neurovascular medicine.
They've invested in Oxford Endovascular
Get to know these Healthtech investors
| Investor | Sector | Stage | Activity | Team | Connect |
|---|---|---|---|---|---|
 Parkwalk Advisors | 21 investments investments | 8 contacts contacts | |||
 Norcliffe Capital | 2 investments investments | more info | |||
 Oxford Science Enterprises | 28 investments investments | 1 contact contact | |||
 Vulpes | 2 investments investments | more info | |||
 University of Oxford | 9 investments investments | more info |
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