Arterya Opens Equity to Public Investment to Advance Arterial Blood Sampling Device
French medtech startup Arterya has launched a public equity fundraising campaign, inviting retail investors to participate in its €1.5 million financing round. This move aims to support the final development and market entry of its flagship product: a novel medical device designed to simplify and improve arterial blood sampling.
Arterial blood gas analysis is a critical procedure for monitoring patients with severe respiratory or metabolic conditions. However, the current method—performed manually by a clinician—is technically challenging, painful for patients, and carries risks of complications like hematomas or nerve damage. Arterya’s solution is a compact, single-use, and connected device intended to make the procedure safer, less painful, and accessible to a broader range of healthcare professionals, not just specialized doctors.
The company, founded in 2021 and based in Nantes, has already secured €2.3 million in previous funding rounds from business angels and regional grants. The current €1.5 million campaign, conducted via the crowdfunding platform Sowefund, is structured with a minimum investment threshold of €100. The funds are earmarked for obtaining CE marking (the European regulatory approval), initiating industrial production, and preparing for commercial launch in Europe.
Arterya’s leadership highlights the significant market need. "Thousands of arterial punctures are performed daily in hospitals, but the procedure remains difficult and under-performed due to its complexity," notes the company. The device aims to address this by integrating several functions into one sterile instrument, potentially improving patient comfort and clinical efficiency.
If successful, the capital raise will position Arterya to enter a substantial market, with the global arterial blood sampling sector valued at approximately $3 billion. The public investment window is open until July 18, 2024.