INSIGHTS / News

University of Bath and Bristol spin-out, Ceryx Medical, a UK-based medtech innovator developing next-generation bioelectronic therapies for heart failure, has announced the successful closure of a new funding round, bringing the company’s total raised to $15 million.

The investment marks a major milestone in Ceryx’s mission to revolutionise cardiac care with intelligent, adaptive pacing technology.

The company’s lead product, a temporary cardiac pacing device, is currently undergoing clinical evaluation. Initial results from the ongoing study are highly encouraging, indicating the potential to significantly improve patient recovery following cardiac surgery.

This new funding will accelerate development of Ceryx’s second product: a permanent, physiologically responsive pacemaker designed to provide long-term support for patients with chronic heart failure. Unlike conventional pacemakers, Ceryx’s technology mimics the body’s natural modulation of the heart to deliver real-time, biomimetic pacing, offering a more natural and effective treatment option.

“This investment is a strong endorsement of our team, technology, and vision,” said Stuart Plant, CEO of Ceryx Medical. “The early clinical data from our temporary device has given us real momentum, and with this funding, we’re excited to advance our permanent pacing platform—an innovation that could redefine how heart failure is treated.”

The round was supported by leading investors, including BGF, Parkwalk Advisors, Development Bank of Wales (DBW), and BBI, all of whom share Ceryx’s vision for a future where heart failure care is enhanced by intelligent bioelectronic systems.

Ceryx previously took part in Innovate UK’s ICURe programme, supported by SETsquared and benefited from early investment through the Regional Angel Investment Accelerator pilot scheme as a member of the Scale-Up Programme.

The company continues to work closely with academic and clinical partners to translate cutting-edge science into life-changing patient outcomes.