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Celtro

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Leading provider of innovative backhaul optimization solutions for all mobile networks

Mexico City, MexicoFounded 2001Telecom
Valuation $0–100M Latest valuation · 2011
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Celtro

Founded in Dresden, Germany, on November 18, 2019, Celtro GmbH is a medical technology company focused on creating autonomous medical implants that are powered by the body itself. The company was established by a team combining expertise from the semiconductor and medical fields, including Dr.-Ing. Gerd Teepe, a 30-year veteran of the semiconductor industry, alongside finance leader Jarek Budny, and clinical advisors Dr. med. Thomas Gaspar and Dr. med. Judith Piorkowski. Teepe's extensive background in designing extremely low-power circuits at companies like Motorola and AMD provides the technical foundation for the company's direction.

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Celtro's business centers on the development and commercialization of medical devices that harvest electrical energy directly from living biological cells, thereby eliminating the need for batteries. This approach aims to solve significant issues associated with current implantable electronics, such as limited battery life, the necessity for replacement surgeries, and the physical constraints and risks of leads and wires. The company's revenue model will be based on the sale of these advanced medical products. The core of its intellectual property is a portfolio of patents related to nanowatt electronics and the principle of collecting nano-watt range energy from the action potential cycle of living cells.

The company's first product under development is a leadless, battery-free pacemaker. This device will use a proprietary semiconductor chip, the "NanoPower-BioChip," designed to operate in the nano-watt range, powered by the surrounding cardiac tissue. To achieve the miniaturized and complex form factor required for catheter-based deployment, Celtro has partnered with Nano Dimension, utilizing their Additively Manufactured Electronics (AME) technology for rapid prototyping and production. Following a successful seed financing round in December 2021, supported by private investors and the state of Saxony, the company is advancing its proof-of-concept and moving towards the certification phase.

Source: Dealroom company data

At a glance

Founded
2001
Headquarters
Mexico City, Mexico
Sector
Telecom

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Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A4 investors entered at this stage

Series B and later2 investors entered at this stage

  • Rho Capital Partners
  • Kreos Capital
Team profiled 10 named & role-tagged
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Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

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1 countries with
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🇮🇱 Israel100%
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Market sentiment

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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