Vitestro: Raises EUR 12M in Series A Financing

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
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.

You May Also Like

Nium Launches Dual-Network Stablecoin Card Issuance Platform

New platform aims to streamline stablecoin card issuance and enhance user experience.Highlights: Nium unveils a new platform for...

Wise Launches UK Current Accounts, Expanding Financial Services

The new accounts aim to simplify banking for UK customers.Highlights: Wise introduces current accounts to UK market.The new...

Lloyds Bank Strengthens Research on AI Impact in Software Engineering

The collaboration aims to explore the future of technology in banking.Highlights: Lloyds Bank partners with the University of...

Valt Bank Secures De Novo Bank Charter, Expanding Banking Options

New bank charter enables Valt Bank to offer innovative financial services.Highlights: Valt Bank has been granted its de...