CartiHeal

Cell-free Cartilage Regeneration

Health Tech & Life Sciences
Acquired by Smith & Nephew
Acquired Kefar Sava Founded 2009
Total raised
$74.0M
Last: Series G 2020-07
Stage
Acquired
Founded
2009
Headcount
18
HQ
Kefar Sava
Sector
Health Tech & Life Sciences

About

CartiHeal develops proprietary implants for the treatment of cartilage and osteochondral defects in traumatic and osteoarthritic joints. CartiHeal's cell-free, off-the-shelf implant, Agili-C, is CE marked for use in cartilage and osteochondral defects. Agili-C is a rigid, biphasic, biodegradable implant. The bone phase of the implant is composed of calcium carbonate in aragonite crystalline form, a well-known biomaterial that enhances bone formation. The cartilage phase is a composite of modified aragonite and hyaluronic acid. Agili-C has been implanted in over 400 patients with cartilage lesions in the knee, ankle, and big toe in a series of trials conducted in leading centers in Europe and Israel. In these trials, the implant was used to treat a broad spectrum of cartilage lesions, from single focal lesions to multiple and large defects in patients suffering from osteoarthritis. In October 2020, the the Agili-C implant was granted breakthrough device designation by the US FDA.

Funding history · 7 rounds · $74.0M total

2020-07
Series G $15.0M
2017-05
Series F $21.0M
2016-01
Series E $15.0M
2015-02
Series D $3.0M
2013-10
Series C $5.0M
2012-07
Series B $10.0M
2012-02
Series A $5.0M

Sectors & technology

Primary sector
Health Tech & Life Sciences
Sub-sectors
Health Tech & Life SciencesMedical DevicesMedical Treatment & Therapeutics
Technologies
Materials & SubstancesImplants
Target customers
Healthcare & Life SciencesHealthcareProviders
Business model
B2B

Highlights

1 Patents

Tags

rehabilitationbiodegradableminimally-invasivemedical-technologiesosteoarthritisregenerative-medicineorthopedics