# QT Vascular

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/qt-vascular

- Industry: Medical Devices & Equipment
- Headquarters: Singapore, Singapore
- Website: www.qtvascular.com
- Latest round: Series B (Jun 12, 2011)
- Investors on record: 1

## About

QT Vascular Ltd. is a medical technology company specializing in innovative vascular devices aimed at improving patient outcomes in interventional cardiology and peripheral vascular procedures.Founded in 2005 and headquartered in Singapore, QT Vascular Ltd. focuses on developing advanced medical devices. The company has undergone significant changes, including the sale of its Chocolate PTA device products to Medtronic, Inc., and its Chocolate coronary PTCA products to Teleflex Inc. for SGD 98.4 million in May 2018. The firm has completed a total of 5 deals, with the most recent funding event being a TRADE SALE on April 29, 2014, where it raised SGD 55 million through an IPO. Teleflex Inc. was a notable investor in this latest funding round. The founder's history is not specified.QT Vascular Ltd. designs and manufactures a range of vascular devices, particularly targeting the needs of interventional cardiology and peripheral vascular disease. Their offerings emphasize innovative technology aimed at enhancing procedural outcomes and patient safety across various healthcare settings.In the most recent financial year of 2022, the company's revenue was recorded at SGD 0, with an EBITDA of SGD -1,483,813, indicating challenges in operational profitability during that period.QT Vascular Ltd. is focused on expanding its product offerings and geographic reach. While specific upcoming products are not detailed, the company is strategizing to enhance its presence in the Asian markets. The funding from the recent TRADE SALE will be utilized to bolster R&D efforts and operational capacities, supporting these growth initiatives effectively.

## Funding rounds

- Series B, Jun 12, 2011 — Luminor Capital
- Series A, Oct 12, 2010 — Luminor Capital

## Investors

- Luminor Capital (https://capitalatlas.ai/funds/luminor-capital) — Series A, Series B