Creo Medical

Company

Investment-firm

Last deal

$34.33M
Local Amount - GBP 28.5M

Amount

Post-IPO Equity

Stage

17.02.2023

Date

3

all rounds

$114.65M

Total amount

Financing round

General

About Company
Creo Medical is a medical device manufacturer that develops electrosurgical devices.

Industry

Sector :

Subsector :

Keywords :

Also Known As

MicroOncology

founded date

01.01.2003

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

Based in Chepstow, South Wales, Creo Medical develops and commercializes innovative medical device technologies, with a focus on surgical endoscopy. The company's platform, called CROMA, delivers microwave and bipolar radiofrequency through a single accessory port, enabling precise tissue effects to be created with a range of clinically relevant instruments. The initial range of instruments focuses on treating various complications within the gastrointestinal tract via a flexible endoscope, but the CROMA platform and product range will expand to other areas of treatment such as laparoscopic surgery and certain cancerous lesions.
Contacts
Legal Names

Legal name

Creo Medical Limited
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Financials

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3

Number of Funding Rounds

$114.65M

Money Raised

Their latest funding was raised on 17.02.2023. Their latest round Post-IPO Equity

Date 
Funding Round 
Investors 
Money Raised 
Lead 
17.02.2023
$34.33M
Local Amount - GBP 28.5M
13.07.2018
$64.18M
Local Amount - GBP 48.5M
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Cardiff, UK

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name 
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Yes
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Investors
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Venture - Series Unknown
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People

Founders
2
Steve Morris
Steve Morris

Steve Morris

current job

IET India
IET India

organization founded

1

Steve Morris

Chris Hancock
Chris Hancock

Chris Hancock

Chris has over fifteen years experience creating and developing new medical device IP focused on the use of microwave and RF energy for therapeutic applications. In 2002 he founded MicroOncology Ltd (renamed Creo Medical Ltd in 2009) to develop his ideas relating to new cancer treatment systems using state of the art semiconductor device technology to generate high frequency microwave and millimetre wave energy, and novel energy delivery and measurement techniques to identify and controllably ablate cancerous tissue. He is currently the CTO and founder of Creo Medical Ltd and holds a personal Chair in the Medical Microwave Systems Research Group at Bangor University. Chris is a Fellow of the Institute of Physics, a Chartered Physicist , Fellow of the Institute of Engineering and Technology, a Chartered Engineer and a Senior Member of the IEEE. He is a named inventor and lead author on over 100 patents/patent applications and journal publications.

current job

Creo Medical
Creo Medical

organization founded

1

Chris Hancock

Employee Profiles
10
Luis Ignacio Collantes

Luis Ignacio Collantes

President EMEA

Ian Fladoos

Director, market development

Richard Thurbin

Advanced energy platform director

Andrew Bell

Global head of professional education

Charles Spicer

Charles Spicer

Chairman

Keith Penny

Director of qa and ra

Chris Hancock

Chris Hancock

CTO & Founder

Craig Gulliford

Craig Gulliford

CEO

Activity

Recent News
1