Stimatix GI Ltd.

www.stimatix-gi.com

Formerly Colongate

High-Tech Company

Acquired by B.Braun

Graduated from: Trendlines Incubators

TECH VERTICALS

Healthtech, Life Sciences, Medical Devices, MedTech

General Data

Sector	Medical Devices
Company Stage:	Initial Revenues
Established	2009
Number of Employees	5
Reg. Number:	abCDe

DESCRIPTION

Stimatix GI develops and commercializes innovative stomal management solutions. Stimatix aims to develop next generation breakthrough products that will become the new standard of ostomy care.

TECHNOLOGY

Stimatix GI has developed the Artificial Ostomy Sphincter (AOS) product line with its AOS-1000™ and AOS-C2000™ products, unique colostomy devices that provide voluntary bowel evacuation. Aesthetically designed and easy to use, the AOS products seal the stoma and eliminate the problems inherent in wearing traditional adhesive bags. These proprietary low- profile colostomy appliances allow people with stoma to decide, at their convenience, when and where to evacuate. With the AOS products, evacuation routine is easier, quicker, and cleaner than ever. And, as the stoma is hermetically sealed, skin irritation and folliculitis are eliminated.

Products and Phases

Product	Phase
AOS-C2000	CE Approved
The AOS-C2000 offers an elegant, non-surgical and simple to use solution for continence and control. It is a bi-component system and includes a CapsuleCap™ and a CapHolder™. Whenever bowel evacuation is desired, the user deploys a concealed collection bag out of the CapsuleCap which then begins to fill. After evacuation, the used CapsuleCap is disposed of and replaced with a new one. The AOS-C2000 is suitable for all colostomates and allows individuals to discretely manage their colostomy without the need to wear a traditional ostomy pouch.

ESTIMATED ANNUAL SALES

	TARGET MARKETS
	Stoma Patients, Hospitals, Surgeons.

	BUSINESS MODEL
	B2C

COMPETITORS

American Medical Systems Inc.

SERVICE PROVIDERS

Company Name	Type
abC Defghij	Law Firm

CONTACT INFO

Expand / Collapse All

Main Address: Misgav, Israel

Address	17 Sky St., Misgav Business Park
City	Misgav
Country	Israel
Zip	2161401

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Dr. Eric Weiss	Medical Advisor
Dr. Ron Greenberg	Medical Advisor
Mr. Shai Greenberg	Co-Founder
Mr. Meir Or	Co-Founder	Escala Medical (Head of R&D)

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Chairman	Director , Misgav
abC Defghij	Board Member	CEO, Misgav Venture Accelerator
abC Defghij	Board Member	Senior surgeon, Tel Aviv Soraski Medical Center
abC Defghij	Board Member	N\A

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Acquired

Dec. 21, 2014

Initial Revenues

abCDe

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

Second Round

Mar. 07, 2012

R&D

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe

First Round

Mar. 08, 2011

R&D

abCDe

Seed

Jun. 01, 2009

Seed

abCDe

	R&D Grants

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Round

Date

Stage

Amount

Remarks

R&D Grant

Jun. 01, 2009

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe

Last Updated:	abCDe
IVC Number:	abCDe