Fundraising Fox

Sparta Biomedical

Madison, US · Founded 2019 · Wyoming corporation · 1 known investors

Sparta Biomedical develops chemically engineered cartilage implants built on its Hyalos hydrogel platform, including Karthyx, an MTP hemiarthroplasty device that combines the cartilage-mimicking hydrogel with a titanium fixation technology. The company targets treatment of joint cartilage degeneration and osteoarthritis through cartilage-like implants for joints such as the great toe.

Founders & leadership

Sparta Biomedical was founded in 2019 by Dushyanth Surakanti.

DSDushyanth Surakanti
Dushyanth SurakantiinFounder
KGKen Gall
Ken GallNamed on SEC filing
DADimitrios Angelis
Dimitrios AngelisNamed on SEC filing
SFSean Fontenot
Sean FontenotNamed on SEC filing

Investors · 1

Reported raises · per SEC filings

Form D private placements

$5.3M disclosed across 1 round · 2021

$5.3MraisedJan 2022 · 53 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Ken GallDirector
  • Dushyanth SurakantiExecutive Officer, Director
  • Dimitrios AngelisExecutive Officer, Director
  • Sean FontenotDirector
Offering amount
$5.4M
Amount sold
$5.3M
First sale
Dec 2021
Incorporated
Corporation, Wyoming, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 2

by search overlap

Companies competing with Sparta Biomedical for the same Google search keywords, organic and paid, via search-intersection analysis.

Frequently asked questions

What does Sparta Biomedical do?
Sparta Biomedical develops chemically engineered cartilage implants built on its Hyalos hydrogel platform, including Karthyx, an MTP hemiarthroplasty device that combines the cartilage-mimicking hydrogel with a titanium fixation technology. The company targets treatment of joint cartilage degeneration and osteoarthritis through cartilage-like implants for joints such as the great toe.
Who founded Sparta Biomedical?
Sparta Biomedical was founded by Dushyanth Surakanti in 2019.
Who are Sparta Biomedical's investors?
Sparta Biomedical's investors include Duke Capital Partners.
How much funding has Sparta Biomedical raised?
Sparta Biomedical has disclosed $5.3M raised across 1 round.
Where is Sparta Biomedical headquartered?
Sparta Biomedical is headquartered in Madison, US.