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
University College Dublin Engineering Spin-out Secures €6 Million to Accelerate Development of Groundbreaking Blood Flow Tech
LaNua Medical, an Irish medtech device start-up and a spin-out of University College Dublin (UCD), today announced it has raised €6 million in seed funding. The company is developing a groundbreaking technology that makes it easy, safe, and cheaper for doctors to treat internal bleeding, vascular malformations and many benign and malignant tumours.
The funding round was co-led by Elkstone and Atlantic Bridge, with participation from Enterprise Ireland and Furthr VC. The funding will be used to accelerate product development and market access.