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HEALTHCARE | Medical Devices & Equipment / Other Medical Devices
vesteck.com

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Founded Year

2019

Stage

Series A | Alive

Total Raised

$4.3M

Last Raised

$4.3M | 2 mos ago

About Vesteck

Vesteck is an early-stage medical device company focused on bringing its proprietary technology to the aortic repair, structural heart, and GI markets. Its first product, the “Suture-Tight” nitinol suture delivery catheter, will bring a technology to endovascular aortic repair market solving a significant global challenge for physicians and patients.

Vesteck Headquarter Location

1373 Zephyr Hill at Troon Lane

West Chester, Pennsylvania, 19380,

United States

Latest Vesteck News

Medtech Startup Vesteck Inc. raises $4.3 mln in Series A Led by New World Angels

Aug 27, 2021

By Nicholas Say Nicholas Say has been verified by Muck Rack's editorial team Vesteck Inc., an early-stage MedTech startup, has raised $4.3 million in Series A funding to bring its proprietary technology to the aortic repair, GI, and structural heart markets. The funding round was led with $1.1 million by New World Angels and counted with participation from DeepWork Capital and Ocean Azul Partners. Other investors who also […] / share Published on August 27, 2021 Vesteck Inc., an early-stage MedTech startup, has raised $4.3 million in Series A funding to bring its proprietary technology to the aortic repair, GI, and structural heart markets. The funding round was led with $1.1 million by New World Angels and counted with participation from DeepWork Capital and Ocean Azul Partners. Other investors who also participated in the round include Robin Hood Ventures, Ben Franklin Technology Partners, and Delaware Crossing Investor Group. Vesteck will use this new funding to improve product manufacturing, preclinical testing, and completing human trials for FDA approval. A platform technology consisting of 6 integrated devices that insert nitinol sutures into the catheter was developed by Vesteck to provide accurate clinical outcomes for patients with endovascular aortic aneurysms. Vesteck’s first product, the Suture-Tight, is a nitinol suture delivery catheter that is intended to be time-saving, easier to use, and safer for both the surgeon and the patient. Vesteck’s CEO Joe Rafferty said he felt honored about some of the most distinguished investors in the world deciding to participate in the round, especially New World Angels. He also said the startup will make extra efforts to meet the significant demands of the market in order to prove the investors’ trust. By 2028, the aortic repair market is expected to hit a significant revenue milestone of $4.5 billion, which Vesteck is aiming to capitalize on. New World Angels President, Steve O’Hara, referred to the firm’s participation in the round by saying: “We are delighted to support Joe Rafferty and his team at Vesteck as they seek to improve patient outcomes for a number of less invasive surgeries, starting with endovascular aortic repair procedures.” The flagship product developed by the MedTech startup is expected to bring a new solution to the endovascular aortic repair industry, becoming a standard of care and a solution to major challenges the global healthcare sector has experienced over the years. Tags

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Expert Collections containing Vesteck

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Vesteck is included in 1 Expert Collection, including Medical Devices.

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Medical Devices

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Companies developing medical devices (per the IMDRF's definition of "medical device"). Includes software, lab-developed tests (LDTs), and combination products. *Columns updated as regularly as possible.

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