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CellAegies was a private medical device company based in Toronto, Canada. The company developed the autoRIC Device, an automated, non-invasive technology designed to deliver Remote Ischemic Condition (RIC) therapy. The therapy aimed to protect the heart and other organs from ischemia and reperfusion injury.

Specialty

Limb ischemia

Fund name

CTI LSF II

Position

Lead

Board

Director

Investment Date

February 10, 2017

Exit Detail

Liquidated in 2019

Initial Series Round

Series C

Investment Thesis

CellAegis obtained Health Canada authorization and CE mark approval in Europe, and obtaining FDA approval would significant increase the company value

Related News

March 14, 2017

CellAegis Devices Announces US$9.5 Million Financing to Support Clinical and Regulatory Advancement of its autoRIC® Device

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