Healionics Secures $5.5 Million to Finalize Human Trial Of Synthetic Blood Vessel for Dialysis Patients

Healionics, a Seattle-based medical technology startup, has raised an additional $5.5 million in funding, representing a major advancement in the field of dialysis treatment for kidney failure patients.

Keiretsu Capital led the most recent $5.5 million fundraising round, indicating a strong commitment to advancing a current human trial and expediting the regulatory approval procedure for Healionics’ ground-breaking vascular graft, called STARgraft. This significant investment demonstrates Keiretsu Capital’s belief in Healionics’ revolutionary technology’s ability to meet the vital needs of dialysis patients. With this financial support, Healionics will be able to move more quickly to get regulatory permission and eventually commercialise STARgraft, which will be a big step forward in the company’s quest to transform dialysis care.

Founded in 2007, Healionics, led by CEO Mike Connolly, has dedicated significant effort to refining its STARgraft vascular graft. With over 550,000 dialysis patients in the US alone, providing reliable vascular access is a major concern addressed by our revolutionary technique. Dialysis is a life-saving treatment for kidney failure patients, but it often requires frequent bloodstream access, which can be challenging with current approaches.

In the realm of vascular grafts, STARgraft stands out thanks to its distinctive and innovative design, based on proprietary synthetic biomaterial technology. Unlike traditional counterparts prone to issues like infections and blockages, STARgraft offers a robust and reliable solution. Healionics’ mission is to significantly improve the safety and reliability of dialysis treatments while reducing common obstacles to greatly benefit patients receiving the treatment. With STARgraft, Healionics aims to take a significant step forward in the field of medical innovation, marking a dialysis treatment characterized by improved patient outcomes and fewer complications.

The significance of this investment goes beyond its financial consequences; it marks a turning point in the advancement of Healionics’ human trial and opens the door for STARgraft to be widely available to those in need. Prior fundraising rounds for Healionics totaled $4.5 million in 2019 and $4.7 million in 2021. The company has continuously attracted substantial backing for its innovative products. This most recent investment demonstrates the increasing awareness of STARgraft’s potential to transform dialysis care and enhance patient outcomes. With this fresh funding infusion, Healionics is pushing forward with its human study with renewed vigor, and it’s looking more and more likely that STARgraft will soon be easily accessible to individuals who need it.

A new chapter in the development of dialysis therapy could begin with the conclusion of the ongoing human trials and the ensuing regulatory approval. STARgraft is a significant breakthrough for Healionics and has the potential to revolutionize the healthcare industry. This remarkable instrument may lessen the load on both patients and medical professionals by addressing the urgent demand for dependable vascular access in dialysis.

Healionics is demonstrating the vital role that health technology business owners play in bringing forward beneficial improvements in patient care as it advances with its aim to bring STARgraft to market. With the prevalence of kidney failure on the rise and the increasing demand for dialysis treatment, innovations like STARgraft offer hope for a brighter future for patients worldwide.

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