Gelmetix logo — We focus on the treatment of chronic lower back pain caused...

Gelmetix

We focus on the treatment of chronic lower back pain caused by the degeneration of intervertebral discs

Founded 2012 United Kingdom London, United Kingdom 9 employees Series C Total: $10.25M Biotechnology, Health Care +1

General Information

Company Name Gelmetix
Founded Year 2012
Location United Kingdom London, United Kingdom
Founders / Decision Makers
Team member
Employees 9
Industries Biotechnology, Health Care, Medical Devices
Funding Stage Series C
Social

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About Gelmetix

Gelmetix is a biotech startup based in the United Kingdom, focusing on the treatment of chronic lower back pain caused by the degeneration of intervertebral discs. Founded in 2012 as a spin-off from the University of Manchester, Gelmetix has gained recognition for its innovative approach. The company's patented polymer gel technology offers an efficient, cost-effective, and drug-free solution for preventing pain and restoring functionality and movement in patients. This technology, which has been highlighted as a promising innovation in the biotech industry, works by rehydrating and stabilizing intervertebral discs, thereby restoring their natural integrity. Gelmetix's recent achievement was securing a noteworthy £5.00M Series C investment on 14 May 2021, with participation from Wealth Club, Jonathan Milner, and Seneca Partners. This investment signifies the confidence that notable investors have in Gelmetix's potential to address a critical medical need and create impactful solutions in the field of biotechnology and healthcare.

Business keywords: Chronic Lower Back Pain Treatment, Intervertebral Disc Degeneration, Polymer Gel Technology, Non-Drug Therapy, Patented Medical Technology, Spin-off from University of Manchester, Biotech Start-up, EIT Health Catapult, Degenerative Disc Disease, Pain Management, Functional Restoration, Medical Innovation

Funding Rounds & Investors (4)

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Funding Stage Amount Investors Lead Investors Date
Series C £5.00M 3
Seneca Partners, Wealth Club +1
14 May 2021
Series B £1.20M 3
University of Manchester, Jonathan Milner +1
01 Sep 2018
Series A £3.10M 1
The North West Fund
01 Jan 2016
Venture Round £950.00K 2
The North West Fund, University of Manchester
01 Jan 2014

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FAQ About Gelmetix

We focus on the treatment of chronic lower back pain caused by the degeneration of intervertebral discs
Gelmetix was founded in 2012.
Gelmetix is headquartered in London, United Kingdom.
Gelmetix operates in Biotechnology, Health Care and Medical Devices. Its work centres on Chronic Lower Back Pain Treatment, Intervertebral Disc Degeneration, Polymer Gel Technology and Non-Drug Therapy.
Gelmetix has approximately 9 employees.
Gelmetix has completed 4 funding rounds, raising a total of $10.25M. The latest funding stage is Series C.
Top alternatives and competitors to Gelmetix include Notogen Inc., AVACEN Medical, NIQS Tech. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Gelmetix and Notogen Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Gelmetix, https://bouncewatch.com/company/gelmetix, updated 25 November 2024. When citing, please name BounceWatch and link this page.

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