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Phagenesis

Biotech & Life Sciences · Manchester, United Kingdom · Founded 2007

Pharyngeal electrical stimulation therapy restoring neurological swallowing control MoreLess

Phagenesis is a medical technology company that develops treatments for neurogenic dysphagia, or difficulty swallowing due to neurological damage. The company was spun out of the University of Manchester in 2007 by Dr. Conor Mulrooney and Professor Shaheen Hamdy. Professor Hamdy, a neurogastroenterologist, is noted as one of the most cited academics in the dysphagia field, and his research into neuroplasticity and the brain's control of swallowing formed the scientific basis for the company's core product.

Phagenesis's main product is the Phagenyx® Neurostimulation System. This system utilizes pharyngeal electrical stimulation (PES) to treat the root cause of dysphagia by restoring neurological control of the swallow reflex. The therapy involves delivering personalized electrical pulses to the patient's throat (pharynx) for 10 minutes daily over 3-6 days. This is administered via a specialized, nasally-inserted catheter that can also function as a feeding tube, minimizing patient discomfort. The stimulation is designed to promote functional reorganization of the brain's swallow motor cortex, effectively retraining the brain to coordinate the swallowing process.

The company targets patients in hospital and clinical settings, particularly those in critical care who have experienced a stroke, brain injury, or have been on prolonged mechanical ventilation. Its business model revolves around the sale of the Phagenyx system, comprised of a reusable base station and single-use catheters, to healthcare providers. The treatment has been shown to reduce hospital stays and associated healthcare costs. Phagenesis has received significant venture capital funding, including a $42 million Series D round in March 2024 to fuel its commercial expansion. The technology is CE-marked in Europe and received De Novo approval from the U.S. FDA in 2022, opening the market for a targeted launch in the United States.

Keywords: neurogenic dysphagia, swallowing disorders, pharyngeal electrical stimulation, PES, Phagenyx, neurostimulation, medical device, stroke rehabilitation, neurorehabilitation, decannulation, critical care, medical technology, neuroplasticity, dysphagia treatment, airway protection, University of Manchester spin-out, FDA approved, CE marked, hospital-acquired dysphagia, venture capital

Company overview

Phagenesis company information

The essential company record, classifications and operating signals in one place.

Status
Acquired
Founded
2007
Headquarters
Manchester, United Kingdom
Employees
78
Open positions
7
Dealroom signal
92.5
client focusb2csub industryBioTechnologysub industryMedical Devicesbusiness modelManufacturingindustryHealthsectorBiotechnologysectorNeurologysectorSpinoutsectorDT and LSsectoruk is8 life sciencessectorUKSUsectorscience-based

Valuation & funding

Phagenesis funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES DOther financing Aug 2025 $13M $222M Undisclosed
SERIES DOther financing Mar 2024 $43M $170M Aphelion Capital · Northern Gritstone · EQT Life Sciences · Sectoral Asset Management
FundingOther financing Jun 2022 $0 MedTech Innovator
ACQUISITIONOther financing Sep 2016 $0 Nestlé Health Science
SERIES COther financing Sep 2016 Nestlé Health Science
SERIES BOther financing May 2013 INventages Venture Capital
SERIES AOther financing Oct 2011 INventages Venture Capital
SERIES AOther financing Sep 2010 Undisclosed
FundingOther financing Aug 2010 MedTech Incubator
SPINOUTOther financing Sep 2007 The University of Manchester
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Growth signals

Phagenesis website traffic

Latest recorded traffic for Phagenesis is 12K monthly website visits, up 275% over the last three months. Phagenesis's team grew 271.4% over the past year.

Latest monthly visits12K 3-month web change+275% 1-year team growth+271.4%
Monthly website visits106 observations · Jan 2016–Jul 2026
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Comparisons

Phagenesis compared with similar companies

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Talent graph

Phagenesis's talent

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Team profiled 14 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
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.

Investors

10 investors on Phagenesis's cap table

Sourced from Dealroom's funding and investor records.

Series A 1 investor entered at this stage
INventages Venture Capital
Series B+ 6 investors entered at this stage
Nestlé Health Science
EQT Life Sciences
Sectoral Asset Management
Aphelion Capital
Northern Gritstone
British Patient Capital
Other known 3 additional known investors
MedTech Incubator
MedTech Innovator
The University of Manchester

Global footprint

Where Phagenesis has talent and traffic

Workforce by country
5 countries with
team presence
🇺🇸 United States49.2%
🇬🇧 United Kingdom38.1%
🇩🇪 Germany7.9%
🇦🇹 Austria3.2%
🇨🇭 Switzerland1.6%
5 countries shown

In the news

Latest news about Phagenesis

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Market sentiment

What the market is saying about Phagenesis

An AI-synthesized read of the highest-engagement posts about Phagenesis on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

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

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