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Vitestro: Raises EUR 12M in Series A Financing

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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Vitestro Raises EUR 12M in Series A Financing

  • Vitestro, an Utrecht, Netherlands-based developer of an autonomous blood drawing device, raised EUR12M in Series A funding
  • The round was led by Sonder Capital
  • The company intends to use the funds to accelerate product development, prepare EU market authorization, and initiate production
  • The company is advancing a device that combines AI-based, ultrasound-guided 3D reconstruction with robotic needle insertion, ensuring accurate and secure blood collection
  • A prototype has been tested on more than 1,000 patients
  • Clinical studies will continue in 2023, with European market introduction anticipated in 2024
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