Cresilon

Cresilon

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Private Company

Total funding raised: $35M

Overview

Cresilon is a commercial-stage medical device company addressing the critical global challenge of uncontrolled bleeding through its innovative, plant-based hydrogel technology. Its flagship products, TRAUMAGEL (FDA-cleared for human trauma) and VETIGEL (for veterinary use), are designed to achieve rapid hemostasis across diverse wound geometries. The company has gained significant recognition, including being named the #1 most innovative company in medical devices by Fast Company in 2026, and is focused on expanding the adoption of its life-saving technology across pre-hospital, hospital, and veterinary care settings.

TraumaHemorrhage ControlSurgical Bleeding

Technology Platform

Proprietary, plant-based hydrogel polymer technology that forms a flowable gel to accelerate natural clotting and achieve rapid hemostasis in seconds, conforming to complex wound geometries without requiring manual pressure.

Funding History

2
Total raised:$35M
Series B$25M
Series A$10M

Opportunities

The massive, unmet need in trauma care, where bleeding is a leading cause of death, presents a multi-billion dollar global market.
Expansion into the even larger elective and emergency surgical hemostasis market represents a significant adjacent opportunity.
Strategic partnerships with large medtech distributors or government agencies (e.g., DoD) could rapidly accelerate scale.

Risk Factors

Key risks include challenges in driving adoption and changing clinical protocols in cost-sensitive healthcare systems, competition from established hemostat manufacturers, and the operational complexities of scaling manufacturing for a biomaterial product.
Product liability is also a concern for a life-critical device.

Competitive Landscape

Cresilon competes in the global hemostats market against large, established players like Baxter (CELOX, FLOSEAL), Johnson & Johnson (SURGICEL), and Z-Medica (QuikClot). Its primary differentiation is its rapid, flowable, plant-based gel format that works without pressure, unlike many powder, sponge, or gauze-based competitors. It also competes with other advanced hemostats like fibrin sealants.