FLUME catheter successfully raises £2.1m Angel II funding round

The Flume Catheter Company has successfully completed its second Angel funding round, that was oversubscribed at £2.1m ($2.8m). This will be used to initiate a controlled market release in the US in 2022 and to build the platform for a wider commercial launch in 2023. As a key part of this, Duke Clinical Research Institute have been commissioned to design and oversee the gathering of comparative patient data for FLUME vs Foley in the US. This is in addition to the NIHR funded ‘Research for Patient Benefit’ evaluation that is underway in Bristol in the UK.