Endostart is a Certaldo (Florence, Tuscany, Italy)-based startup focused on reducing the complexity of endoscopic procedures through ferrofluid- and magnetic-field technologies. Its lead product, Endorail, is an endoscopic magnetic guidewire composed of a balloon guidewire, a ferrofluid prefilled syringe and an external magnet to guide a colonoscope and avoid incomplete colonoscopies. The company says the technology can shorten procedural time, reduce patient pain and discomfort, and lower healthcare-related costs. Endostart raised a €1m seed financing led by Panakès Partners with participation from Estor, A11 Venture and business angels. The funds will be used to develop an entire new family of devices based on ferrofluid and magnetic fields and to advance Endorail. The founding team includes Alessandro Tozzi MD, who left his medical director role to serve as CEO, and Alberto Bruni, president of Special Electronic Design Srl, who brings business administration and finance experience.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Dec 2018