Fundraising FoxSparta Biomedical
Madison, US · Founded 2019 · Wyoming corporation · 4 known investors
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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.
Investors · 4
How we know: funding news · Not right? Tell us
Also in the syndicate · 2
Funding
SEC filings, press & company announcements$5.3M disclosed across 1 of 2 rounds · 2021–2023
- Undisclosed amountConvertible Funding RoundSep 2023 · 2 sourcesSource ↗
▶$5.3MraisedJan 2022 · 53 investors · Other Health CareRule 506(b)
- 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
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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In the news
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, Medblue.
- How much funding has Sparta Biomedical raised?
- Sparta Biomedical has disclosed $5.3M raised across 1 of its 2 known rounds.
- Where is Sparta Biomedical headquartered?
- Sparta Biomedical is headquartered in Madison, US.