Lund, Sverige – MedVasc AB, a Swedish medical technology company announces the successful closing of a SEK 10 million financing round. The funding supports the company’s final product development phase and preparation for FDA regulatory approval in the United States.
The primary focus of the investment will be to fund the production and testing of the final design of Solutio™, required for FDA clearance. Regulatory submission is planned for the first half of 2026.
“We are very pleased with the continued confidence from our investors,” says Cathrin Johansson, CEO of MedVasc AB. “This investment gives us the opportunity to take decisive steps towards reaching the US market, which is an important milestone in our growth journey.”
Solutio™ is designed to enable safe and precise local anesthesia during minimally invasive vascular procedures, e.g. varicose veins, (compatible with thermal ablation treatment fibers), offering a new level of control and patient comfort for clinicians treating chronic venous disorders.
The financing round attracted both existing owners and new investors, demonstrating continued strong confidence in MedVasc’s technology and market potential.
In addition, MedVasc will raise an additional round during 2025 for investments in clinical and preclinical activities required for FDA clearance.
MedVasc is participating in SmiLe’s incubator program.
For more information, please contact:
Cathrin Johansson, CEO, MedVasc AB,
cathrin.johansson@medvasc.se, +46 070 854 88 34
www.medvasc.se
SmiLe is a leading venture hub that specializes in advancing life science and foodtech startups from concept to commercialization. We offer comprehensive support through every stage of entrepreneurship, including tailored incubation and acceleration programs, a variety of educational courses, and access to top-tier lab facilities. To date, our flagship incubator program has supported over 110 startups, facilitating their collective acquisition of more than EUR 1.05 billion in venture capital and contributing to 21 successful IPOs. Recognized as one of Europe’s leading startup hubs in 2024 by the Financial Times and Statista, SmiLe continues to be a catalyst for innovation in the life sciences sector. As a non-profit entity based in Lund, Sweden, SmiLe is supported by Region Skåne, Lund Municipality, Lund University, and Medicon Village. We are also backed by our partners Agilent, Sparbanken Skåne, Høiberg, Setterwalls, Zacco, Key2Compliance, Phase Holographic Imaging, ChemoMetec, Samplix, Qiagen, Merck, Bio-Rad, Zeiss, SmartStone Nordics, and AbbVie Scandinavia. For more information: www.smileventurehub.com