Dutch medical robotics company Vitestro has raised Series A financing worth €12m to launch what it claims to be the world’s first autonomous blood drawing device in the European market.

Existing investors and new private investors contributed to the US-based Sonder Capital-led funding round.

Vitestro plans to use the proceeds to expedite product development, prepare EU market authorisation and initiate production.

Vitestro CEO and co-founder Toon Overbeeke said: “This financing round marks a new phase of growth for Vitestro, which brings the company closer to its mission of improving the venipuncture procedure for hundreds of millions of patients per year.

“We look forward to growing the business and transforming patient care with Sonder Capital, leveraging their expertise in successfully commercialising medical robotic technologies.”

Vitestro’s autonomous blood drawing device combines artificial intelligence (AI) and ultrasound-guided 3D reconstruction with robotic needle insertion to ensure a precise and secure collection of blood.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Vitestro co-founder and commercial director Brian Joseph said: “Sonder Capital has a track record of creating lasting value for patients and hospitals. Vitestro’s long-term commitment to its customers will be supported by this partnership.”

Said to be intuitive to use, the blood drawing device empowers patients to be self-efficacious during the complete blood collection procedure.

The device is designed to fully perform blood drawing procedures automatically, from tourniquet to bandage application.

Vitestro has tested the device prototype on more than 1,000 patients and clinical studies are planned to be continued this year. The product is planned to be launched in the European market next year.