1 The EIC Accelerator Project
EIC Accelerator Program Overview
The EIC Accelerator program, part of the European Innovation Council (EIC), is designed to support small and medium-sized enterprises (SMEs) and startups in Europe, particularly those engaged in deep technology innovations. The program provides blended finance options, combining grants and equity investments, to help companies develop and scale their innovative solutions in various sectors.
Funding Structure
Under the EIC Accelerator, companies can receive funding in two main forms:
Purpose of EIC Accelerator
The primary purpose of the EIC Accelerator is to foster innovation and entrepreneurship within the European startup ecosystem. By providing financial support and resources, the program aims to:
- Facilitate the commercial viability of innovative projects: The EIC Accelerator helps startups and SMEs to transition from research and development to commercialization, addressing the funding gap that many innovative companies face.
- Encourage collaboration with private investors: By offering blended finance, the EIC Accelerator acts as a catalyst for attracting private sector investments, thereby enabling companies to secure the necessary funding to scale their solutions effectively.
- Promote deep technology innovations: The program emphasizes supporting projects that leverage advanced technologies, such as biotechnology, artificial intelligence, and advanced manufacturing, which are crucial for addressing significant societal challenges.
Role in Scaling Companies
The EIC Accelerator plays a pivotal role in assisting companies to scale by providing not only financial support but also strategic guidance. This includes:
- Business coaching and mentoring: Companies participating in the EIC Accelerator gain access to a network of mentors and experts who can provide insights into market entry strategies, business development, and scaling operations.
- Networking opportunities: The program connects startups with potential investors, partners, and other relevant stakeholders, fostering collaborations that can enhance growth and market reach.
- Access to additional resources: Companies can tap into further resources such as market intelligence, regulatory advice, and innovation management support, which are crucial for navigating the complexities of scaling.
EIC Accelerator Winner: PREDISURGE
Project Acronym: Confident
Country: France
Submission Date: March 23, 2022
Project Overview
PREDISURGE, a French company, has developed an innovative digital simulation platform named Confident®, which aims to revolutionize cardiovascular interventions. This project is at the forefront of transforming how medical professionals approach cardiovascular procedures, enabling more precise and effective interventions.
Technology Basics and Background
The Confident® platform leverages advanced computational modeling and simulation techniques to provide healthcare professionals with critical insights during cardiovascular interventions. The technology is grounded in the following key components:
Impact on Cardiovascular Interventions
The potential impact of the Confident® platform is significant. By enhancing decision-making processes and enabling personalized treatment strategies, PREDISURGE aims to improve the safety and efficacy of cardiovascular interventions. This innovation not only holds promise for better patient outcomes but also contributes to the overall efficiency of healthcare systems, reducing costs associated with complications and repeat procedures.
In summary, the EIC Accelerator program serves as a vital resource for innovative companies like PREDISURGE, empowering them to transform groundbreaking ideas into scalable solutions that can significantly impact the healthcare sector and beyond.
2 The Funding Rounds
PrediSurge: Financing and Funding Overview Since EIC Accelerator Success
PrediSurge, a French digital health company specializing in cardiovascular digital twin technology, has experienced significant growth and investment activity since their successful EIC Accelerator application in March 2022.
Financing Raised
- Total Disclosed Funding: At least €9 million since March 2022.
- €2.5 million grant from the European Innovation Council (EIC) in March 2022.
- €6.5 million Series A round closed in September 2023.
Funding Rounds: Timing, Amounts & Investors
Date | Round | Amount | Investors |
---|---|---|---|
Mar 2022 | Grant | €2.5 million | European Innovation Council (EIC) |
Sep/Oct 2023 | Series A | €6.5 million (€4M capital) | LIFTT S.p.a (lead), EIC Fund, Saint Victor Capital, UI Investissement – Metropoles Innovations, Crédit Agricole LHL Capital Innovation |
</em> The Series A included both capital raise and other forms of support; press releases cite a total of €6.5M with €4M as direct equity investment.
Additional Historical Notes
Investor Details
Series A Lead Investors
- LIFTT S.p.a: An Italian venture capital firm with a focus on innovation.
- European Innovation Council Fund: EU-backed equity investor supporting high-potential startups.
- Saint Victor Capital: Early supporter with continued involvement.
- UI Investissement – Metropoles Innovations
- Crédit Agricole LHL Capital Innovation
These investors highlighted PrediSurge’s leadership position in the cardiovascular digital twin sector and its potential for transforming medical interventions.
Company Valuation
Estimates place PrediSurge’s enterprise value between $29–43 million (approx. €26–39 million) as of October 2023. This valuation reflects its recent funding success and increasing market traction.
Exit Events (IPO/Buyout/Acquisition)
As of April 24, 2025:
- There are no public records or announcements regarding an IPO, buyout, or acquisition event for PrediSurge.
- The company remains privately held by its founders and investors.
Summary Table
Metric | Detail |
---|---|
Total funding raised | ~€9 million |
Major rounds | Grant (€2.5m), Series A (€6.5m incl. equity & support) |
Key investors | LIFTT S.p.a (lead), EIC Fund, Saint Victor Capital |
Latest estimated value | $29–43m (€26–39m), Oct 2023 |
Employees | Estimated at between 11–50 |
Exit events | None reported |
Sources
- PrediSurge Achieves €6.5 Million in Series A Funding
- Predisurge company information – Dealroom.co
- Predisurge company information – EIT Health
- PrediSurge - Products, Competitors, Financials – CB Insights
- Predisurge company information – PanoramicaPR
- Predisurge company information – BRNOregion
3 The Press Releases
Overview of PrediSurge
PrediSurge, a French medtech company, was founded in May 2017 in Saint-Étienne. It specializes in developing digital twin technology to enhance cardiovascular care. This innovative approach involves creating patient-specific digital models from pre-operative imaging to simulate the biomechanical behavior of arteries and valves, thereby aiding in planning and optimizing cardiovascular interventions.
Technology and Advancements
PrediSurge's flagship software, PlanOpTM, uses numerical simulation to generate these digital twins. This technology allows physicians to virtually test different intervention strategies and helps medical device companies design more effective products. The company is at the forefront of integrating digital twins into cardiovascular care, aiming to improve procedure safety and efficacy.
Partnerships
PrediSurge has established strong partnerships with major medical device manufacturers for the application of its digital twin technology. For instance, it collaborates with companies like Medtronic to enhance the precision of endovascular procedures using AI-powered digital twins.
Funding and Milestones
In 2023, PrediSurge secured a €6.5 million Series A funding round, bringing its total funding to €10.5 million. This financial backing has been crucial in supporting the development and deployment of its technology. The company also obtained the CE certificate, marking a significant step in ensuring compliance and safety for its products in the European market.
Patents and Intellectual Property
PrediSurge holds multiple patents related to its software designed for standard endovascular aneurysm repair, further solidifying its position in the cardiovascular digital twin space.
Recent Developments and Press Releases
PrediSurge has been actively involved in conferences and workshops, such as the Paris Vascular Insights Course, where it highlighted the impact of its digital twin technology on precision vascular care. The company continues to innovate with features like the Distance Colour Map, an AI-driven enhancement to its digital twin solutions.
Team and Operations
PrediSurge operates with a diverse and motivated team, focusing on improving cardiovascular disease management. It encourages a flexible work environment, allowing employees to work effectively both in-office and remotely.
Press Releases and Updates
While specific press releases from PrediSurge's website or social media are not detailed in the available information, the company's updates often focus on advancements in digital twin technology, partnerships, and the impact of these innovations on cardiovascular care.
Sources
- About Predisurge
- Predisurge - Digital Predictive Solutions
- Predisurge company information
- PrediSurge: pictures, videos and careers
- Predisurge - LIFTT
- Digital Predictive Solutions for Endovascular Interventions
- Meet the French company pioneering digital twins for cardiovascular procedures
- PrediSurge Information
4 The Technology Advancements
Current Capabilities of PrediSurge
PrediSurge, a French startup founded in 2017, is at the forefront of developing digital twin technologies for cardiovascular care. The company specializes in creating patient-specific digital twins that simulate the biomechanical behavior of arteries and cardiac valves, using pre-operative imaging data. This technology, particularly their flagship software PlanOpTM, helps physicians plan and optimize cardiovascular procedures, reducing complications and improving intervention effectiveness.
Advancements Since EIC Accelerator Funding
Following the EIC Accelerator funding in March 2022, PrediSurge has made significant advancements:
- Funding and Certifications: In 2023, PrediSurge secured €6.5 million in a Series A round, bringing its total funding to €10.5 million. It also obtained the CE certificate, ensuring compliance with European regulations, and secured the EU Quality Management System Certificate (MDR).
- Technology Improvements: The company continues to enhance its digital twin technology, integrating AI capabilities for more precise simulations. Innovations like the "Distance Colour Map" feature have been introduced, enhancing the predictive simulation capabilities.
- Market Engagement: PrediSurge's technology has been demonstrated across various medical centers, benefiting over 500 patients in more than 50 centers. Collaborations with major medical device manufacturers like Medtronic have been announced, aiming to improve risk assessment and planning for cardiovascular procedures.
- Clinical Trials and Studies: PrediSurge has conducted clinical studies validating its technology's accuracy and effectiveness. For instance, the EnduSim studies have focused on predicting complications in endovascular aneurysm repair (EVAR).
New Features and Demonstrations
PrediSurge has presented several new features and demonstrations, including:
- PlanOp 3DSim: This is a collaboration with 3Deus Dynamics, creating an ultra-realistic simulation tool for training and teaching aortic interventions.
- Collaboration with Medtronic: PrediSurge has collaborated with Medtronic to integrate its AI-powered digital twin technology with Medtronic's EndurantTM stent graft, enhancing EVAR planning.
Patents, Scientific Studies, and Clinical Trials
While specific details on new patents are not available, PrediSurge has been actively involved in clinical studies and trials, such as the FESIM I and II studies, which have validated its technology's performance. The company continues to publish its research and findings in scientific forums and conferences, contributing to advancements in cardiovascular care.
Sources
- Predisurge - Digital Predictive Solutions for Endovascular Interventions
- About Predisurge
- Meet the French company pioneering digital twins for cardiovascular procedures
- Predisurge - LIFTT
- News about Cardiovascular Intervention Technologies - PrediSurge
- Confident®, the digital simulation platform
5 The Partnerships and Customers
PrediSurge: An Overview and Progress Since EIC Accelerator Funding
PrediSurge, a French medtech company, received the EIC Accelerator funding in March 2022. Since then, PrediSurge has continued to make significant strides in the cardiovascular medical device industry, leveraging its innovative digital twin technology.
Partnerships and Collaborations
PrediSurge has established notable partnerships with major players in the industry. One of the key collaborations is with Medtronic, where PrediSurge's AI-powered digital twin technology is integrated with Medtronic's EndurantTM stent graft. This partnership aims to enhance risk assessment and improve planning for endovascular aortic repair (EVAR) procedures. Additionally, PrediSurge participated in the Paris Vascular Insights Course (PVI), showcasing its technology's impact on vascular care.
Customers and Market Positioning
PrediSurge's customer base includes clinical centers and major medical device manufacturers. Its technology is used to create patient-specific digital twins, enhancing precision and personalized care in cardiovascular interventions. By offering advanced predictive simulations, PrediSurge positions itself as a leader in precision medicine, helping to reduce complications in endovascular procedures.
New Relationships and Market Impact
Recent collaborations and funding have positioned PrediSurge to further develop its digital twin technology. The €6.5 million Series A funding received in September 2023 has been crucial in propelling its cutting-edge technology across the cardiovascular landscape. This investment has enabled PrediSurge to scale its operations, enhance its software solutions, and expand its reach in Europe and beyond.
Technology Advancements and Scaling
PrediSurge's focus on R&D has been instrumental in advancing its digital twin technology. By integrating AI and numerical simulations, the company enhances the safety and efficacy of minimally invasive cardiovascular procedures. The technology allows for detailed simulations of device implantation strategies, which can significantly reduce the risk of complications during procedures. As PrediSurge continues to scale, it is poised to play a critical role in revolutionizing cardiovascular care through precision medicine.
Future Prospects
In the future, PrediSurge is likely to continue its growth by expanding its partnerships and customer base. The company's participation in prestigious events like the European Society for Vascular Surgery (ESVS) Annual Meeting further underscores its commitment to innovation and collaboration in the vascular community. With ongoing advancements in digital twin technology, PrediSurge is set to make significant contributions to the field of cardiovascular medicine.
Sources: - Predisurge - Digital Predictive Solutions for Endovascular
- Press Archives - PrediSurge
- News about Cardiovascular Intervention Technologies - PrediSurge
- PVI 2024 Partners
- Meet the French company pioneering digital twins for cardiovascular procedures
- About PrediSurge
- Digital Predictive Solutions for Endovascular Interventions
6 The Hiring and Company Growth
PrediSurge, a French medtech company specializing in digital twin technology for cardiovascular interventions, has shown steady team growth and organizational development since receiving EIC Accelerator funding after submitting their Step 2 proposal on March 23, 2022.Current Team Size and Headcount
As of the latest available data from late 2023 to early 2025, PrediSurge employs between 26 and 50 people. Dealroom estimates place the employee count within this range (11-50), with RocketReach specifically reporting around 26 to 29 employees. The team is composed of multidisciplinary professionals including IT developers, R&D engineers specialized in biomechanics and image processing, production engineers, as well as cross-functional roles in quality assurance, regulatory affairs, project management, business development, and clinical affairs.
Hiring Status and Growth
PrediSurge maintains an open stance towards hiring talented candidates who are motivated to contribute to healthcare innovation. Although there are no current job openings posted at the moment according to their career platforms, they encourage spontaneous applications from individuals willing to join their dynamic start-up environment focused on cardiovascular disease management. This suggests readiness for future expansion or replacement hires but no immediate large-scale recruitment drive is underway publicly.
Since its founding in May 2017 with initial technical challenges overcome through the development of aortic treatment products, PrediSurge has expanded its technology scope toward the entire cardiovascular spectrum supported by patient-specific digital twins. The company has grown both technically and organizationally by structuring itself into three agile "squads" focused on solution delivery, application support/clinical validation production teams, and innovation research. This indicates measured growth aligning with strategic product development milestones rather than rapid scaling.
Key Positions Recently Hired or Present
Key personnel include product managers like Raphaël Doustaly (joined in 2021), R&D engineers such as Solenne Mondesert (since at least 2018) taking Scrum Master roles managing critical projects like the aortic division, along with Florian Cotte overseeing cardiac imaging AI developments. These hires reflect strategic focus areas: product management for market orientation; engineering leadership for core technological innovation; agile project execution ensuring efficient delivery; all essential as PrediSurge scales its solutions.
No specific announcements regarding major changes in top management or founding team members have been found post-2022 EIC funding. The founding framework appears stable with enhancements through experienced hires contributing domain expertise.
Implications of Team Growth for Future Scaling The addition of skilled product managers alongside PhD-level R&D engineers supporting AI-driven simulation technologies signals PrediSurge’s intent to firmly establish itself as a leader in precision cardiovascular care using digital twins. Their multidisciplinary squads structured under Agile methodologies enable flexibility needed for iterative medical device software improvements while meeting regulatory requirements.
New team members strengthen their capacity not only to enhance existing offerings but also accelerate expansion into broader cardiovascular applications beyond initial aortic products. This positions them well for scaling commercial operations internationally while maintaining close collaboration with clinical centers and industry partners such as Medtronic.
In summary:
- Headcount: Approximately mid-to-high twenties (~26–29 employees) up to possibly near fifty.
- Hiring: No active public job openings currently but open call for talent submissions suggests ongoing selective recruitment.
- Growth: Steady since foundation; organized into three functional squads focusing on solution delivery/product enhancement/innovation.
- Recent key hires: Product manager (Raphaël Doustaly), multiple R&D engineers handling biomechanics & AI imaging projects.
- Future outlook: Enhanced capabilities via new hires underpin plans to scale product portfolio across wider vascular indications improving safety & efficacy of interventions globally.
- Management changes: None publicly reported post-EIC award indicating stable leadership continuity.
This measured yet purposeful growth trajectory aligns well with their ambition fostered by EIC Accelerator support—to revolutionize endovascular procedures using advanced predictive simulations powered by patient-specific digital twins developed through cutting-edge AI technologies.
Sources:
- Predisurge Official Website - About Us
- Dealroom.co Company Profile
- RocketReach - Predisurge Info
- Welcome To The Jungle - Careers at Predisurge
7 The Media Features and Publications
Media Coverage and Industry Presence of PrediSurgePrediSurge, a French medtech company specializing in AI-driven digital twin technology for cardiovascular care, has gained notable media attention and industry recognition since securing EIC Accelerator funding in 2022. Below is an overview of their public engagements, publications, and event participation:
Media Features & Publications
- Tech.eu Spotlight: A February 2024 feature highlighted PrediSurge’s mission to replace traditional CT-based planning with patient-specific digital twins, citing their €6.5M Series A round and CE certification milestones.
- Deciphering Digital Health Podcast: The company was featured in a four-part podcast series by emlyon Business School students, discussing its role in advancing digital twins for cardiovascular interventions.
Podcasts & Interviews
- CEO Collaboration Insights: Jean-Noël Albertini (co-founder) and Simona Zannetti discussed PrediSurge’s partnership with Medtronic to integrate the Endurant™ stent graft with its digital twin technology for EVAR planning.
- Leadership Vision: CEO Bruno Virieux emphasized the challenges of scaling simulations from hundreds to thousands annually during interviews about post-EIC growth.
Conference Participation & Presentations
- Paris Vascular Insights (PVI) Course: The team demonstrated how digital twins refine precision in carotid artery stenting and aortic aneurysm treatments.
- Clinical Study Dissemination: Presented results from FENSIM I/II studies validating their simulation accuracy at academic conferences (2019–2020).
Recent Events & Milestones
- CE Certification (2023): Obtained EU Medical Device Regulation compliance, enabling broader European deployment.
- FDA Clearance Efforts: Currently pursuing U.S. market entry while expanding collaborations with global medtech firms.
Sources Used:
- Meet the French company pioneering digital twins for cardiovascular procedures
- Podcast project "Deciphering Digital Health" | emlyon
- Jean##Noël Albertini interview on Medtronic collaboration (Note: Exact interview link inferred from domain; specific page may not exist)
- PrediSurge at PVI conference (Note: PVI mention sourced indirectly; specific page not available)
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