3 years ago
IQ Endoscopes Secures £5.2 Million to Advance Single-Use Endoscope Technology
South Wales-based medtech startup IQ Endoscopes has raised £5.2 million in a Series A funding round led by BGF
The investment will support the development and launch of the company's single-use endoscope, designed to improve patient safety and early detection of gastrointestinal diseases
The round also saw participation from existing investor Development Bank of Wales and other investors.
ProblemHealthcare
"Cross-contamination and limited access to endoscopes hinder the early detection and treatment of gastrointestinal conditions."
Solution
"IQ Endoscopes offers a single-use endoscope that eliminates cross-contamination risk, improves patient safety, and increases access to critical diagnostic procedures."