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§ Private Profile · Gradient™ Denervation Technologies, 5 rue Gardenat Lapostol, 92150 SURESNES, France
Gradient Denervation Technologies is a technology company.
Gradient Denervation Technologies is a medical device company advancing a minimally invasive, ultrasound-based system for the treatment of pulmonary hypertension. The Gradient Denervation System employs therapeutic ultrasound energy to ablate nerves around the pulmonary artery, offering a targeted approach to reduce pressure in the lungs and heart. This novel technology is purpose-built with a catheter platform designed specifically for the pulmonary artery anatomy, leveraging known interventional techniques.
The company was founded by Dr. Swami Gnanashanmugam, building upon intellectual property initially developed at Stanford University. Gradient Denervation Technologies became active around 2020, as evidenced by innovation awards received in that year. The core insight driving the company's formation was the substantial unmet clinical need in patients with Group 2 pulmonary hypertension, especially chronic post-capillary pulmonary hypertension, for whom approved drug or device therapies are currently unavailable.
The Gradient Denervation System is designed to serve patients suffering from pulmonary hypertension, specifically those with Group 2 due to left-sided heart disease. Gradient Denervation Technologies’ overarching mission is to transform the treatment landscape for this patient population by providing an effective, minimally invasive therapeutic solution, ultimately aiming to improve patient outcomes and quality of life where options are currently limited.
Gradient Denervation Technologies has raised $15.0M across 1 funding round.
Gradient Denervation Technologies has raised $15.0M in total across 1 funding round.
Gradient Denervation Technologies has raised $15.0M across 1 funding round. Most recently, it raised $15.0M Series A in September 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2023 | $15M Series A | Asabys Partners | Soffinova Partners, Evan Castiglia | Announced |
Gradient Denervation Technologies is a Paris-based medical device company developing the Gradient™ Denervation System, a minimally invasive, ultrasound-based catheter for pulmonary artery denervation (PADN) to treat pulmonary hypertension (PH), particularly Group 2 PH including CpcPH in heart failure patients.[1][2][3] This technology, derived from Stanford University inventions, targets a large unmet need affecting up to two-thirds of heart failure patients worldwide, where current treatments fail to reduce symptoms, morbidity, or mortality risks.[3] The company serves PH patients with limited options, solving excessive lung and heart pressure via targeted nerve ablation in a percutaneous procedure.[1][3] Growth momentum includes €14m Series A funding led by Sabadell Asabys (total funding ~$15m), three innovation grants (EIT Health Catapult 2020, i-Lab 2020, Innov'up Leader 2023), FDA approval for early feasibility study expansion, first-in-human patient enrollment, and leadership appointments like CEO Martin Grasse.[1][2][4]
Gradient Denervation Technologies emerged from intellectual property developed by Stanford University clinicians, focusing initially on Group 2 PH treatments.[1][2][3] Founded as a privately held startup (exact year not specified, but active by 2020 via grants), it is backed by Sofinnova Partners' MD Start III Fund as a portfolio company.[2][4] Early traction came from innovation awards in 2020 (EIT Health Catapult 3rd place Medtech, i-Lab Laureate) and 2023 (Innov'up Leader), validating its ultrasound PADN therapy.[1] Pivotal moments include closing €14m Series A, enrolling first patients in first-in-human and early feasibility studies, securing FDA approval for study expansion, and appointing industry veteran Martin Grasse as CEO in 2022 to advance toward clinical trials.[2][4] Leadership includes CTO David Amaoua, COO Julie Messer, CFO Greg Mann, and a board with experts like founder/observer Dr. Swami Gnanashanmugam and new director Stanton Rowe.[1]
Gradient rides the wave of device-based interventions for cardiovascular diseases, targeting PH—a complication in two-thirds of heart failure cases with no approved therapies for Group 2, amid rising global heart failure prevalence.[3] Timing aligns with medtech acceleration in minimally invasive nerve modulation (e.g., renal denervation precedents), fueled by FDA's support for early studies and Europe's innovation grants amid aging populations and post-COVID cardiac burdens.[1][2] Market forces favor it: underserved CpcPH patients face high hospitalization/mortality risks, creating demand for targeted PADN; Sofinnova's ecosystem provides global company-building muscle.[2][3] Gradient influences medtech by pioneering ultrasound PADN, potentially expanding to other PH groups and validating Stanford tech transfer in Europe.[1]
Gradient is poised for clinical milestones, with ongoing early feasibility studies likely leading to pivotal trials and CE Mark/FDA pathways, building on first-patient data and design finalization.[2][4] Trends like AI-guided catheters, combo therapies with heart failure drugs, and PH awareness will shape its path, amplified by Sofinnova's medtech network.[2] Its influence may grow as a leader in Group 2 PH if PADN proves durable symptom relief, redefining care for millions and attracting follow-on funding—echoing its breakthrough promise from Stanford roots to Paris innovation hub.[1][3]
Gradient Denervation Technologies has raised $15.0M in total across 1 funding round.
Gradient Denervation Technologies's investors include Asabys Partners, Soffinova Partners, Evan Castiglia.