Last updated 2026-06-18
- Raised $700k funding round, Jan 2019
- Raised $800k funding round, Jun 2017
Total raised
$1.5M
Last: 2019-01
Stage
Seed
Founded
2016
Headcount
5
HQ
Nazareth, Israel
Sector
Health Tech & Life Sciences
About
EIO Biomedical is a biotechnology company developing a medical device for the prevention of postsurgical adhesions. The device is designed to issue a sprayable adhesion barrier capable of alleviating problems associated with surgical sewing. The company's proprietary device and bioprocess can convert a single unit of blood plasma for infusion, generating a unique enzymatic combination that actively reduces the adhesion-formation process. A disposable kit is provided with the device to ensure that each patient receives a safe and sterile product. The company has recently initiated a first-in-human clinical trial of their FuseX system for the prevention of surgical adhesions on schedule EIO Biomedical is an NGT3 VC portfolio company.
Funding history · 2 rounds · $1.5M total
2019-01
2017-06
Q&A
- What is the current status of EIO Biomedical?
- EIO Biomedical is currently inactive, having ceased operations in January 2023.
- What was EIO Biomedical's primary focus?
- EIO Biomedical focused on developing a medical device for the prevention of postsurgical adhesions, designed to issue a sprayable adhesion barrier.
- When was EIO Biomedical founded?
- EIO Biomedical was founded in November 2016.
- Where is EIO Biomedical headquartered?
- EIO Biomedical is headquartered in Nazareth, North District, Israel.
- How many employees did EIO Biomedical have?
- EIO Biomedical had 1-10 employees.
- What was the total amount raised by EIO Biomedical?
- EIO Biomedical raised a total of $1,500,000 USD.
- When did EIO Biomedical complete its last funding round?
- EIO Biomedical completed its last funding round in January 2019, raising $700,000 USD from NGT3 and Israel Innovation Authority.
- Which investors participated in EIO Biomedical's June 2017 funding round?
- In June 2017, EIO Biomedical received funding from Israel Innovation Authority and NGT3.
Team · 1
Sectors & technology
Primary sector
Health Tech & Life Sciences
Sub-sectors
Health Tech & Life SciencesMedical DevicesMedical Treatment & Therapeutics
Technologies
Biologicals
Target customers
Healthcare & Life SciencesHealthcareProviders
Business model
B2B
Highlights
1 Patents
Tags
operating-roomssurgery-toolsmedical-technologieshealthcare-providerssurgeryadhesivessurgical-instrumentsmedical-deviceshospitals
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| linkedin.com/company/18372599 |
Identifiers & details
| Founded | 2016-11 |
|---|---|
| Employees (exact) | 5 |
| Status reason | Non Active, Jan 2023 ceased to operate |