New device helps medical start-up bag €1.1m

Declan Quinn, lead angel for HBAN’s MedTech Syndicate, Sarah Cagney, Communications & Relationship Manager, HBAN, and Kevin Kelleher, chief executive, OstoForm

Medical device start-up Ostoform has raised €1.1 million in Series A funding from sources including SOSV, Sean O’Sullivan’s accelerator-based venture capital firm, and the Halo Business Angel Network’s MedTech Syndicate.

Ostoform has developed a medical device to help protect against the peristomal skin complications that can sometimes arise following ileostomies.

Performed on people suffering from inflammatory bowel conditions such as Crohn’s disease and ulcerative colitis, these surgeries involve the creation of an opening ...