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Vascudyne

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Biologically engineered, regenerative tissues for cardiovascular repair

Saint Paul, United StatesFounded 2014Health Tech & Medtech
Valuation $50–100M Last recorded · 2021
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Vascudyne

Vascudyne is a biotechnology company focused on developing and manufacturing regenerative biomaterials for soft tissue repair and replacement, particularly for cardiovascular applications. The company was officially launched in 2018, as a spin-out from the University of Minnesota, though it was founded in 2014 by Jeff Franco and Kem Schankereli. It is headquartered in Minnesota's Medical Alley.

The company’s core technology, TRUE™ Tissue, was co-invented and developed over decades by Dr. Robert Tranquillo, a Distinguished McKnight University Professor at the University of Minnesota, and his research colleague, Dr. Zeeshan Syedain, who now serves as Vascudyne's CEO. Dr. Tranquillo is a leading figure in cardiovascular tissue engineering, with a background in chemical and biomedical engineering. The technology was licensed from the university in 2017. This platform produces completely biological, acellular, off-the-shelf tissues from cells grown in a lab, without using any synthetic materials. This approach avoids the potential adverse immune responses associated with synthetic polymer-based scaffolds.

Vascudyne's products are designed to be fully integrated into the body, allowing them to regenerate, grow with the patient, and self-repair. This is a significant advantage over existing artificial tissues, which are rigid, cannot heal, and often require multiple replacement surgeries, especially in pediatric patients with congenital heart defects. Key applications include coronary artery bypass grafts, heart valve replacements, and vascular grafts for hemodialysis access. In July 2021, the company announced the successful first-in-human use of its TRUE™ Vascular Graft for hemodialysis patients. A recent grant from the Department of Defense will advance the development of a heart valve that can grow with children, potentially reducing the need for repeated open-heart surgeries.

The company's business model involves manufacturing and commercializing these engineered tissues for medical device and therapeutic use. Vascudyne operates from a 15,000 sq. ft. facility that includes ISO 7 cleanroom manufacturing space to support clinical trials and initial commercialization. The firm has raised significant capital, including a $10 million Series A round in 2021, to fund clinical trials, expand manufacturing capabilities, and develop new products from its platform technology.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2014
Headquarters
Saint Paul, United States
Employees
13
Open positions
None listed
Dealroom signal
66.8/100
Industry
Health
Sub-industry
Medical Devices
Sector
Health Tech & Medtech, medical implants, Spinout, Hard Tech, DT and LS, science-based
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GRANT✓Other financing Jun 2025 $4M — Congressionally Directed Medical Research Programs ↗
GRANTOther financing May 2022 — — Regenerative Medicine Minnesota ↗
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Growth signals

Vascudyne website traffic

Latest recorded traffic for Vascudyne is 680 monthly website visits, down 57.5% over the last three months. Vascudyne's team grew 0% over the past year.

Latest monthly visits680 3-month web change-57.5% 1-year team growth0%
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

3 investors on the cap table

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

Seed2 investors entered at this stage

  • Regenerative Medicine Minnesota
  • Congressionally Directed Medical Research Programs

Other known investors1 additional known investor

  • University of Minnesota Twin Cities
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 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.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States90%
🏳️ Monaco10%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Vascudyne on X, ranked by likes and reposts, corporate channels excluded.

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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