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Versono Medical

Wednesday, 04 May 2022

ByrneWallace LLP is delighted to have acted for Versono Medical, Galway-based medtech start-up, on its recent €6.7 million fundraising to help bring its intravascular medical device to market.

The Fastwire device helps reduce the need for invasive surgical procedures to treat Critical Limb Ischemia (CLI), an advanced form of peripheral vascular disease that is thought to affect more than 230 million people worldwide.

The funds were raised from a mix of existing investors, including DHKN, BVP and private investors from the medical device sector, as well as State agencies such as Western Development Commission and Enterprise Ireland.

The ByrneWallace LLP team who advised on this includes Catherine Dowling (Partner, Corporate), Aisling Brennan (Senior Associate, Corporate), John O'Connor (Solicitor, Corporate) and Julie Herlihy (Consultant, Tax).

For further details, see the press coverage below.

The Irish Times

RTÉ