About
AventaMed is a medical technology company based in Cork, Ireland, founded in 2013 as a spin-out from Cork Institute of Technology. The company specializes in developing innovative devices for ear, nose, and throat (ENT) surgery, with a focus on pediatric ear surgery. AventaMed aims to enhance ear tube surgery by offering safer and less invasive alternatives to traditional methods that typically require general anesthesia. The flagship product, the Solo Tympanostomy Tube Device (Solo TTD or V-Tube), is a disposable handheld device that allows for the rapid insertion of pre-loaded grommets into the eardrum in under 10 milliseconds. This procedure can be performed in an office setting by a single ENT surgeon using local anesthesia, which streamlines the process and reduces costs for hospitals. AventaMed has developed a total of three products and targets a significant global market, with approximately 2 million pediatric ear tube procedures performed annually. In 2023, AventaMed was acquired by KARL STORZ, enhancing its market reach and product development capabilities.
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Company Information
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Employees 13
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Founded 2013
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Annual Revenue $2000000
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Total Funding $3577244
Location
12 Rossa Avenue, Cork, County Cork, Ireland, T12 N2T5