Perfuze

Perfuze

Galway, Ireland· Est.
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Private Company

Total funding raised: $24.2M

Overview

Perfuze is a private, clinical-stage medical device company targeting the significant unmet need in acute ischemic stroke treatment. Its core technology is the Millipede 088, a next-generation 'superbore' aspiration catheter engineered to achieve higher rates of complete clot ingestion and first-pass reperfusion compared to current stent retriever and small-bore aspiration methods. With its pivotal MARRS IDE trial data presented in 2025, the company is advancing toward regulatory approval and commercialization, aiming to improve patient outcomes in a large and growing global market.

CardiovascularNeurovascular

Technology Platform

Superbore aspiration catheter technology designed for efficient vessel access and complete clot ingestion in mechanical thrombectomy for acute ischemic stroke.

Funding History

2
Total raised:$24.2M
Series A$20M
Seed$4.2M

Opportunities

The global stroke thrombectomy device market is large and growing, driven by an aging population and expanding treatment windows.
A technology that demonstrably improves First Pass Effect rates could see rapid adoption, as it directly correlates with better patient outcomes and potentially lower procedural costs.
Perfuze's focused innovation in catheter design addresses a clear gap left by current stent retriever and aspiration technologies.

Risk Factors

The company faces intense competition from large, established medical device corporations with dominant market share and extensive clinical support.
Regulatory approval is not guaranteed, and commercializing a single-product medical device requires significant capital and execution capability to build sales, distribution, and market education efforts.

Competitive Landscape

The competitive landscape is dominated by large medtech players like Medtronic, Stryker, Johnson & Johnson, and Penumbra, who offer integrated thrombectomy systems including stent retrievers and aspiration catheters. Perfuze's Millipede 088 competes directly in the aspiration catheter segment, aiming to differentiate on catheter size (superbore), ease of access, and first-pass efficacy. Its success hinges on proving clinical superiority over existing small-bore aspiration and stent retriever combinations.