# The Electrospinning Company

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/the-electrospinning-company

- Industry: Medical Devices & Equipment
- Headquarters: Didcot, UK
- Website: www.electrospinning.co.uk
- Total disclosed funding: $2.3M
- Latest round: Series A (Apr 5, 2019)
- Investors on record: 4

## About

The Electrospinning Company Ltd. specializes in the design and manufacture of advanced nanofibrous biomaterials and coatings aimed at enhancing the performance of medical devices.Founded in 2010 in Didcot, UK, The Electrospinning Company Ltd. focuses on creating innovative solutions for the medical device industry. The company has undergone strategic advancements to improve its operational capabilities. The current CEO is Ann Kramer, who has overseen the company’s growth since its inception. As of March 31, 2021, The Electrospinning Company raised GBP 4.30 million in a funding round led by Confluent Medical Technologies, which has brought the total amount raised to GBP 4.30 million. The company’s valuation is currently GBP 17.775 million.The Electrospinning Company specializes in the development of advanced biomaterials for medical applications, including proprietary technologies like Mimetix®, Kalyptix®, Symatix®, and Caladrix®. Their product range includes resorbable and non-resorbable membranes for tissue regeneration and long-term implantation, as well as biosynthetic membranes that improve biocompatibility. The company services a diverse clientele, including medical device manufacturers and R&D departments across North America, Europe, and parts of Asia, aiming to enhance patient outcomes through innovative materials.In the most recent year of 2022, The Electrospinning Company reported a revenue of GBP 1,533,192.50 and an EBITDA of GBP -1,461,743.90. Their revenue generation primarily comes from B2B transactions with medical device manufacturers, involving tailored electrospun materials and multi-year contracts for proprietary products such as Mimetix® and Caladrix®.Following the funding raised on March 31, 2021, The Electrospinning Company plans to invest in enhancing its capabilities through semi-automation and improved materials processing systems. The company is targeting expansion into new geographic markets, focusing on further penetration in North America and Europe within the next two years. These initiatives aim to strengthen operational efficiency and broaden market reach, leveraging the recent funding to support these strategic goals.

## Funding rounds

- Series A, Apr 5, 2019, $1.9M — Future Planet Capital Regional, Newable, STFC Innovations, Downing
- Angel, Jan 26, 2011, $0.4M — Newable

## Investors

- Newable (https://capitalatlas.ai/funds/newable) — Angel, Series A
- Future Planet Capital Regional (https://capitalatlas.ai/funds/future-planet-capital-regional) — Series A
- STFC Innovations — Series A
- Downing (https://capitalatlas.ai/funds/downing) — Series A