Ownmed Innovation

ownmedinnovation.com ↗ ·Madrid ·Seed

Ownmed Innovation is a Madrid-based medtech spin-off developing Ostofix®, an anti-reflux medical device that lets ostomy patients control when and how they evacuate without surgery, as an alternative to conventional ostomy bags. Founded in June 2021 out of a collaboration between Hospital Gregorio Marañón (FIBHGM), the Fundación Jiménez Díaz research institute (FIIS-FJD) and Universidad Carlos III de Madrid, it is pre-revenue and working toward pre-clinical/clinical trials and CE marking under EU MDR 2017/745. It closed a €630,000 seed round in May 2024, is certified as an Innovative SME and has been through the UC3M Science Park incubator and La Nave Madrid's V acceleration programme.

Founded
2021
Founders
3
Total funds raised
€630K
Rounds
1
Investors
3
Last round
May 2024
SectorsMedtech, Medical Devices, Healthtech, Ostomy Care, Deeptech Start-up MapHealthtech & Bio › Medical devices & surgical hardware

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Founders

Ana Ye Zhang
CEO & Founder
Jesús García-Foncillas
Co-Founder & Medical/Scientific Advisor
Manuel Desco
Co-Founder & Scientific Advisor

Global models 3

SafeHeal
SafeHeal is a venture-backed medtech making a colorectal device (Colovac) that is designed to spare patients a diverting ostomy, so it also aims to replace the stoma-and-bag route and needs clinical trials and CE/FDA approval.
$65M+Comparable
OstomyCure
OstomyCure is developing TIMO, an implant that gives ostomy patients a continent stoma they can empty when they choose instead of wearing a permanent bag, which is the same patient-controlled evacuation goal as Ostofix.
$30M+Comparable
11 Health
United Kingdom · www.11health.com ↗
11 Health sells an ostomy device and connected system that aims to improve how patients manage stoma output and complications, selling to the same ostomy patients and health systems.
$10M+Comparable

In the same niche 72 others

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Notes: Most funded first

Investors 3

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Funding rounds 1

DateRoundAmountLead
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