Palliare

Palliare

Galway, Ireland· Est.
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Private Company

Total funding raised: $18.5M

Overview

Palliare is a privately held, commercial-stage medical device company with dual headquarters in Galway, Ireland, and Oceanside, California. The company specializes in innovative insufflation and smoke evacuation systems for minimally invasive surgeries, targeting the growing markets for laparoscopic, endoscopic, and robotic procedures. With a seasoned leadership team and a spin-out heritage from a Medtronic-acquired entity, Palliare is positioned to capture market share by addressing unmet needs for stable surgical fields and improved operating room safety. The company has begun commercializing its EVA15 system and was recognized as the 2025 Emerging Medtech Company of the Year at the Irish Medtech Awards.

Gastrointestinal SurgeryMinimally Invasive Surgery

Technology Platform

Advanced insufflation and integrated smoke evacuation technologies for maintaining constant pressure and clear visualization in laparoscopic, endoscopic, and robotic surgical procedures.

Funding History

2
Total raised:$18.5M
Series A$15M
Seed$3.5M

Opportunities

The global shift towards minimally invasive and robotic surgery drives demand for high-performance, stable insufflation systems.
Growing awareness of surgical plume hazards expands the market for integrated smoke evacuation solutions.
The company's Medtronic-connected leadership provides strategic insight and potential partnership avenues in the large GI device market.

Risk Factors

Facing intense competition from large, entrenched medical device companies with broader portfolios and established sales channels.
Commercial success depends on overcoming surgeon habit and lengthy hospital procurement cycles for capital equipment.
As a private company, it carries execution risk in scaling its sales and marketing operations effectively.

Competitive Landscape

Palliare competes in the insufflation device market against major players like Stryker (Karl Storz), Olympus, Medtronic, and Richard Wolf. Its differentiation is based on claims of superior, hands-free constant pressure control. In smoke evacuation, it faces competitors like Stryker, Conmed, and Buffalo Filter. The integrated approach to pressure management and smoke clearance is a key competitive angle.