Galway medtech firm raises close to €4m

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EnteraSense gains investment from Cook Medical and fund linked to University of Tokyo

The founder of EnteraSense Donal Devery. He says the partnership with Cook Medical 'gives us immediate access to hospitals and physicians across the USA'EnteraSense, a Galway-based medtech company founded by Donal Devery, has raised €3.8 million in fresh funding, new company documents show.

Another investor included Eabha Investments, a vehicle linked to Joan Fitzpatrick, the chief executive of Kite Medical, another Galway-based medtech firm. Eabha bought €166,660. Eabha had previously invested more than €300,000 in prior rounds.EnteraSense recently struck a distribution deal with Cook Medical in relation to a new blood-sensing technology it has developed.

The Irish Times contacted Mr Devery, who was in the US for the Digestive Disease Week conference, which is an annual meeting of professionals working in gastroenterology, hepatology and related fields. He said the partnership with Cook Medical “gives us immediate access to hospitals and physicians across the USA”

 

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