Gelmetix
Company

Last deal

$3.8M
Local Amount - GBP 5M

Amount

Series C

Stage

14.05.2021

Date

4

all rounds

$12.2M

Total amount

General

About Company
Gelmetix develops affordable non-invasive alternatives to surgery for conditions like Chronic Lower Back pain and Osteoarthritis.

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Sector :

Subsector :

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Also Known As

Gelexir Healthcare

founded date

01.01.2012

Number of employees

Company Type

For Profit

Last funding type

Series C

IPO status

Private

Description

Gelmetix is a UK-based therapeutic biomaterials company with offices in London, Paris, and Manchester. Their bio-inductive gels are designed to treat patients suffering from chronic lower back pain and osteoarthritis. Their lead product is an injectable gel that targets chronic lower back pain caused by the intervertebral disc. It rehydrates and stabilizes the nucleus pulposus of the disc, restoring its load-bearing properties and movement. Gelmetix's patented polymer gel technology has the potential to be adapted and extended for other uses. In December 2020, Gelmetix was named "one of the most promising biotech start-ups in Europe" by EIT Health Catapult.
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