, /PRNewswire/ -- Bedal International, a Belgian based medical device company delivering next generation catheter securement solutions, today announces the successful closing of a funding round. The investment will be used to support the company's ongoing global growth. Bedal has offices in (EU) and in The funding round was led by White Fund, a Belgian MedTech venture capital fund, and SFPIM, the sovereign wealth fund of .
The round also saw participation from U.S.-based MedTech investors, as well as Bedal's leading existing investors, F3Finance and LRM.
The management team of Bedal also contributed to this funding round. "Since we founded Bedal, it has already been an incredible journey from launching the devices to growing into a global footprint." said , CEO of Bedal International.
"This new funding marks the beginning of a next chapter for us, focused on setting a new standard in the market." Bedal markets the FlexGRIP catheter securement devices, which help patients safely secure their catheters, reducing the risk of complications and improving overall patient outcomes. The FlexGRIP devices are in use in more then 34 countries globally, and Bedal succesfully closed global deals with market leading catheter companies.
The additional funding will allow Bedal to expand its operations and commercial efforts, with a strong focus on further growing in the US market. "White Fund and SFPIM are excited to support Bedal's mission to improve patient care through its innovative devi.