Gradient Denervation Technologies is a technology company.
Gradient Denervation Technologies has raised $15.0M across 1 funding round.
Gradient Denervation Technologies has raised $15.0M in total across 1 funding round.
Gradient Denervation Technologies has raised $15.0M in total across 1 funding round.
Gradient Denervation Technologies's investors include Asabys Partners, Soffinova Partners.
Gradient Denervation Technologies is a Paris-based medical device company developing the Gradient™ Denervation System, a minimally invasive, ultrasound-based catheter for pulmonary artery denervation (PADN) to treat pulmonary hypertension (PH), particularly Group 2 PH including CpcPH in heart failure patients.[1][2][3] This technology, derived from Stanford University inventions, targets a large unmet need affecting up to two-thirds of heart failure patients worldwide, where current treatments fail to reduce symptoms, morbidity, or mortality risks.[3] The company serves PH patients with limited options, solving excessive lung and heart pressure via targeted nerve ablation in a percutaneous procedure.[1][3] Growth momentum includes €14m Series A funding led by Sabadell Asabys (total funding ~$15m), three innovation grants (EIT Health Catapult 2020, i-Lab 2020, Innov'up Leader 2023), FDA approval for early feasibility study expansion, first-in-human patient enrollment, and leadership appointments like CEO Martin Grasse.[1][2][4]
Gradient Denervation Technologies emerged from intellectual property developed by Stanford University clinicians, focusing initially on Group 2 PH treatments.[1][2][3] Founded as a privately held startup (exact year not specified, but active by 2020 via grants), it is backed by Sofinnova Partners' MD Start III Fund as a portfolio company.[2][4] Early traction came from innovation awards in 2020 (EIT Health Catapult 3rd place Medtech, i-Lab Laureate) and 2023 (Innov'up Leader), validating its ultrasound PADN therapy.[1] Pivotal moments include closing €14m Series A, enrolling first patients in first-in-human and early feasibility studies, securing FDA approval for study expansion, and appointing industry veteran Martin Grasse as CEO in 2022 to advance toward clinical trials.[2][4] Leadership includes CTO David Amaoua, COO Julie Messer, CFO Greg Mann, and a board with experts like founder/observer Dr. Swami Gnanashanmugam and new director Stanton Rowe.[1]
Gradient rides the wave of device-based interventions for cardiovascular diseases, targeting PH—a complication in two-thirds of heart failure cases with no approved therapies for Group 2, amid rising global heart failure prevalence.[3] Timing aligns with medtech acceleration in minimally invasive nerve modulation (e.g., renal denervation precedents), fueled by FDA's support for early studies and Europe's innovation grants amid aging populations and post-COVID cardiac burdens.[1][2] Market forces favor it: underserved CpcPH patients face high hospitalization/mortality risks, creating demand for targeted PADN; Sofinnova's ecosystem provides global company-building muscle.[2][3] Gradient influences medtech by pioneering ultrasound PADN, potentially expanding to other PH groups and validating Stanford tech transfer in Europe.[1]
Gradient is poised for clinical milestones, with ongoing early feasibility studies likely leading to pivotal trials and CE Mark/FDA pathways, building on first-patient data and design finalization.[2][4] Trends like AI-guided catheters, combo therapies with heart failure drugs, and PH awareness will shape its path, amplified by Sofinnova's medtech network.[2] Its influence may grow as a leader in Group 2 PH if PADN proves durable symptom relief, redefining care for millions and attracting follow-on funding—echoing its breakthrough promise from Stanford roots to Paris innovation hub.[1][3]
Gradient Denervation Technologies has raised $15.0M across 1 funding round. Most recently, it raised $15.0M Series A in September 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2023 | $15.0M Series A | Asabys Partners, Soffinova Partners |