GAEU Ventures invests in hemorrhoids treatment

Swedish medtech company Developeration AB is the latest addition to GAEU Venture's portfolio. Founded in 2016, the company has developed an innovative surgical method for the common condition of haemorrhoids.

Using the PexyEazy® instrument, haemorrhoids can be treated without anaesthesia and with significantly less pain and discomfort after surgery. The cost of treatment using PexyEazy® is estimated to be up to 70% lower compared to traditional methods.

GAEU Ventures believes that Developeration is a company with very strong potential that fits well into our portfolio of innovative early-stage deep tech companies.

"I look forward to a long cooperation with GAEU Ventures as an investor in Developeration AB, as they have already shown a strong commitment, innovation and forward thinking at an early stage", comments Developeration's founder and CEO Johan Ungerstedt.

More information

Roland Vilhelmsson, CEO GAEU Ventures, 070-205 87 29, roland.vilhelmsson@gaeu.se

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