a year ago
Cryogenx Raises £800,000 for Portable Body Cooling Device
London-based healthtech startup Cryogenx has secured £800,000 in funding, including a £150,000 investment from the British Design Fund
The company has developed a portable body cooling device called CGX1, which is designed to enable rapid, life-saving cooling in any scenario
The funding will support Cryogenx as it looks to initiate and ramp up its commercial activities, including completing its first formal production run
The company is also undertaking several preclinical studies, including with Brunel University and a study in the US with a leading academic in exercise and environmental physiology.
ProblemHealthcare
"Heatstroke is a serious condition that can be fatal, especially in remote locations where access to medical care is limited. Current methods of cooling, such as ice baths, are often impractical or unavailable in these situations."
Solution
"Cryogenx has developed a portable body cooling device that can be used to rapidly cool a patient suffering from heatstroke. The device is easy to use and transport, and it does not require any special storage or preparation. "