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OneProjects announces $17 million in new financing to advance development of 4D cardiac imaging technology

Press releases may be edited for formatting or style | October 14, 2021 Artificial Intelligence Business Affairs Cardiology

He continued, “We are delighted to have the continued backing of our highly regarded existing investors, LSP and Atlantic Bridge, and to welcome our two new investors, Belgium-based imec.xpand and the European Innovation Council Fund. As a European company with offices in Dublin and Munich, we appreciate having exposure and access to these top-tier investors who will enable us to bring VERAFEYE™ to market and to develop the next generations of our platform technology. In addition to hitting key company milestones, we will use this funding to continue to build on the world-class team we have across Dublin and Munich.”

Frank Bulens, partner at imec.xpand, commented, “A wide range of therapeutic modalities are available today for the treatment of atrial fibrillation, with more to come. We made the investment in OneProjects as its superior VERAFEYE™ imaging technology will serve all of these treatment options, a win for both the patient and the hospital. Accurate real-time imaging is also a prerequisite to allow part of this intervention to eventually become automated, which will be the next level of innovation.”

Laura González-Estéfani, member of the EIC Fund Investment Committee, added: “We are glad to back this cutting-edge technology aimed at improving the treatment of cardiac arrhythmias. The EIC Fund support will help OneProjects to bring its technology, VERAFEYE™, to the market, which we believe will increase procedural safety for patients and reduce cost to the healthcare system.”

In a separate announcement, OneProjects has added Steven Girouard as an independent board director. Steven is the former President and CEO of Securus Medical Group, which was acquired by Boston Scientific. He is a veteran of the medical device industry and has held executive management positions at Johnson & Johnson, Guidant Corporation, Cleveland Clinic, and Oakwood Medical Investors. He has extensive experience in early-stage research and development, preclinical and clinical research, business development, and venture capital.


ABOUT ONEPROJECTS
OneProjects is a privately held, venture-backed medical device company based in Dublin, Ireland and Munich, Germany. The company designs and develops an innovative 4D imaging platform for cardiac applications that operates at the intersection of hardware, software, and data science. Originating from Bioinnovate Ireland and spun out of Trinity College Dublin, OneProjects was founded by CEO Fionn Lahart and CTO Christoph Hennersperger in 2017.

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