Biotech
Dipneo Opens a Round through Capital Cell to Raise 300,000 Euros
Valued at €2.4 million, Dipneo will use funds to finalize its commercial prototype and begin regulatory procedures. The autonomous, hands-free device inflates air into patients and aims for market entry in 2026, with projected sales of €2.5 million in 2027. Dipneo targets complementing defibrillators in various emergency and cardioprotected environments to improve resuscitation outcomes.
The start-up Dipneo, created by the Eurecat technology centre and Mobile World Capital Barcelona, has launched an investment campaign through the crowdfunding platform specialising in biotechnology and health, Capital Cell. The capital increase aims to raise 300,000 euros to speed up the development of an innovative medical device in the field of cardiorespiratory resuscitation .
Valued at 2.4 million euros, Dipneo will use the funds raised during the campaign to finalise the commercial prototype and initiate regulatory procedures in order to bring the new device to market, which differs from the airbag-based insufflators currently available in that it operates autonomously and hands-free.
The new Dipneo device is based on a system patented by Eurecat that allows air to be inflated into the patient autonomously, a feature that makes it optimal for non-expert users, as well as professionals. According to Dipneo CEO Xavier Castells, “Dipneo’s goal is to bring the first version of the medical device to market in 2026,” with sales forecast to reach 2.5 million euros in 2027 .
Dipneo aims to position itself as a complement in the defibrillator market
The company’s goal is “to be the perfect complement to defibrillators, known as AEDs, with a market potential of 4.2 billion euros and expected growth of 8.8 percent per year ” said Dipneo’s technology director, biomedical engineer Julio Díaz.
Dipneo “will have an impact in extra-hospital environments such as medical emergencies, in-hospital environments such as primary care centres, emergencies and traffic rescues, but also in cardioprotected areas, such as retirement homes, companies, sports facilities and municipal facilities, among others,” explained the company’s co-founder and head of the valorisation of industrial technologies at Eurecat, Ferran Soldevila.
Out-of-hospital cardiopulmonary arrests are estimated to occur at 700,000 per year in Europe and represent a serious health problem , given that the survival rate is 10%. According to Dipneo’s CEO, “improving this survival rate to 45% only requires being able to perform cardiopulmonary resuscitation satisfactorily as quickly as possible.”
Based in Barcelona, Dipneo is formed by Xavier Castells, CEO, with senior experience as CFO and advisor in several companies and start-ups , as well as investor in start-ups in the health sector; and Julio Díaz, CTO, biomedical engineer with experience in resuscitation devices. It also has a committee of experts and the participation of Dr. Marc Bausili, specialist in anesthesiology and resuscitation and entrepreneur in this field, and David Osorio, director of the medical emergencies area of the Red Cross in Catalonia.
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(Featured image by yourschantz via Pixabay)
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First published in PlantaDoce. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
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