Bedal’s FlexGRIP catheter device in use on a paediatric patient. Credit: PRNewswire/ Bedal International.

Bedal International has announced the successful closure of an $11m funding round aimed at bolstering the global growth of its FlexGRIP catheter securement devices.

The investment is set to enhance the company’s operations and commercial efforts, particularly in the US market.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

The funding round was spearheaded by Belgian venture capitalist fund White Fund and Belgium’s Sovereign Wealth Fund, SFPIM.

It also saw participation from US-based medtech investors and Bedal’s existing backers, F3Finance and LRM. The Bedal management team also participated in the round.

White Fund official Eric Brandt said: “White Fund and SFPIM are excited to support Bedal’s mission to improve patient care through its innovative devices.”

See Also:

SFPIM CIO Céline Vaessen said: “We believe in Bedal’s potential to become the golden standard for catheter care. We are proud to be part of their promising growth journey and are committed to supporting their product development engine with the ambition of making a profound impact on the lives of patients and caregivers.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Designed to safely secure catheters, FlexGRIP devices are currently utilised in more than 34 countries. They have been instrumental in reducing complications and enhancing patient outcomes.

Bedal has also secured global agreements with several catheter companies.

Bedal International CEO Alexander Van Damme said: “Since we founded Bedal, it has already been an incredible journey from launching the devices to growing into a global footprint.

“This new funding marks the beginning of a next chapter for us, focused on setting a new standard in the market.”

Bedal’s FlexGRIP products are designed to enhance catheter stabilisation while reducing the risk of dislodgement, infection, and kinking.