HomeBelgiumBedal International Raises $11M in Funding

Bedal International Raises $11M in Funding

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The FlexGRIP catheter securement device in use on a pediatric patient

Bedal International, a Diepenbeek, Belgium-based medical device company delivering next generation catheter securement solutions, closed an $11m funding round.

The round was led by White Fund, and SFPIM, the sovereign wealth fund of Belgium, with participation from F3Finance and LRM. The management team of Bedal also contributed to this funding round.

The company intends to use the funds to expand its operations and commercial efforts, with a focus on further growing in the US market.

Led by Alexander Van Damme, CEO, Bedal International markets the FlexGRIP catheter securement devices, which help patients safely secure their catheters, reducing the risk of complications and improving overall patient outcomes. The FlexGRIP devices are used hospital wide in applications such as cancer treatment, post operative care and the Intensive care unit. Recently, the company also launched a pediatric range of products, tailored to the needs of young patients. The FlexGRIP devices are in use in more then 34 countries globally.

Bedal has offices in Belgium (EU) and in Anaheim, CA.

FinSMEs

15/07/2024

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