Arete Medical Technologies

Precision medicine for asthma and COPD

Business Model:

Revenue: $0

Employees: 1-10

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Detailed Arete Medical Technologies Information

Geographic Data

Arete Medical Technologies headquarters map

Address:

City: Cambridge

State: Cambridgeshire

Zip:

Country: United Kingdom

Financial Info

Stage:

grant

Raised Last:

$138k

Raised Total:

$2M

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0Website Monthly Traffic

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Description

Arete Medical Technologies is a startup creating medical devices and software for precision approaches to chronic diseases, starting with asthma and COPD. We are developing the Respicorder. It gives outputs clinicians recognize, but with improved usability and significantly lower costs through the way that we combine the measuring functions. This allows the Respicorder to be deployed directly to the patient, for daily monitoring that can provide real-time feedback on care decisions. While no single test provides a gold standard, using a collection of different devices is uneconomical and impractical. Our solution combines together the key breathing-based tests of lung function and inflammation, to get the whole picture of the lungs. Each additional test module costs a fraction of an additional device and is far more compact. The different tests we do (spirometry, FeNO, and impulse oscillometry) have very different operating principles and flow requirements. Our re-configurable device can address this technical challenge. To meet the cost and usability requirements of a remote monitoring device, we have several patent-pending innovations. Essentially, we package a room-sized pulmonary function lab into a handheld device. Combined, the innovations reduce the net cost of testing by approximately 5-10x. This enables access to blue-ocean markets, where current equipment isn’t viable today.

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Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
5/2020 Grant 1 $233.5k Innovate UK
Innovate UK
6/2020 Grant 1 $138.3k Innovate UK
Innovate UK
11/2022 Grant 1 $558.5k Central London Community Healthcare NHS Trust
Central London Community Healthcare NHS Trust
5/2020 Grant 1 $1.8M Eureka Network
Eureka Network
2/2018 Grant 1 $245.6k Innovate UK
Innovate UK
Announced Date Name Price

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