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Advanced Medical Technology Business Investment Opportunity in Lyon, France

Company developing varicose vein treatment equipment using ultrasound seeks funding to commercialize.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Advanced Medical Technology
Locations  Lyon
Local Time 6:50 PM Africa / Accra
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 640 thousand for 25.0% stake (Native Currency: EUR 600,000)
Reason: Unique method to treat veins without surgery or drugs. It will become the gold standard of vein trea... View More
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

25 % of the population is having varicose veins. We provide a simple method using ultrasound to treat the veins in a doctor's office without surgery.

We have developed a prototype and we are looking for additional funds to commercialize it.

Our product will be ready to be sold in the market by next year.

We are not generating any revenue, we are still in the R&D phase.

Products & Services Overview

Equipment to treat varicose veins with ultrasound.

Assets Overview

2 licence of granted patents.

1 working prototype.

A strong team.

Facilities Overview

We have a rented space of 150 sq mt.

Capitalization Overview

We are 12 shareholders, and 5 are active.

We have raised 600k€ of capital including 200k of debt.

The 3 founders are holding 80% of the shares of the company.

Recent Activity
  • Earlier than 15 days
    Director, Bangkok, Financial Consultant connected with the Business
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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