Pedra Technology

About:

Pedra Technology has developed the world’s first intra-operative monitor for real-time blood perfusion assessment.

Website: http://pedratech.com/

Top Investors: Cedars-Sinai Accelerator, MedTech Innovator, Seeds Capital, M&L Healthcare Investments

Description:

Pedra Technology has developed the world’s first intra-operative monitor for real-time blood perfusion assessment which addresses a critical need in the peripheral vascular disease (PVD) market. PVD affects over 20 million people in the US, over 80 million people in China, and represents a multi-billion dollar opportunity. Without proper care PVD can lead to limb ischemia and amputations. Chronic wounds or ulcers on the feet (unable to heal after 8 weeks due to poor blood flow) are treated with balloon angioplasty to re-open blocked blood vessels in the legs. During such procedures, the Pedra device gives the physician intra-operative instantaneous feedback on blood perfusion of foot tissue. It is this blood perfusion at the tissue level that is critical for wound healing. This is the first time that physicians, using the Pedra device, are able to achieve an accurate objective and quantitative measure of blood perfusion while the patient is still in the operating theater. No other technology does this, as X-ray angiograms only image macrovascular blood flow, which can lead to misleading conclusions, resulting in adverse outcomes or repeat procedures.

Total Funding Amount:

$4.7M

Estimated Revenue Range:

$1M to $10M

Headquarters Location:

Singapore, Central Region, Singapore

Founded Date:

2013-01-01

Founders:

Kareen Looi, Lye Kei

Number of Employees:

1-10

Last Funding Date:

2024-05-01

IPO Status:

Private

Industries:

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