About
Loop Medical is a Swiss healthcare startup founded in 2016, located at the EPFL Innovation Park in Lausanne. The company focuses on improving clinical diagnostics through its innovative blood collection technology. Their main product, the onflow blood collection device, allows for painless and minimally invasive blood extraction from capillaries just below the skin. This device is designed to be user-friendly for patients and simplifies the process for healthcare professionals, aiming to enhance healthcare outcomes through earlier disease detection and more accurate diagnoses. Loop Medical is actively conducting clinical studies to validate the performance of the onflow device and plans to submit for regulatory approvals, including to the FDA, to enter the US market. The company operates with a distributed engineering team across Switzerland, Germany, and France, utilizing cloud-native platforms for efficient product development. With approximately $6.5 million in funding and reported revenues around $278 million, Loop Medical is positioned for significant growth in the healthcare sector.
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Company Information
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Employees 9
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Founded 2017
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Annual Revenue $2000000
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Total Funding $9600000
Location
Route Cantonale, Lausanne, Vaud, Switzerland, 1015
