The company thus concludes negotiations with Clave Capital, which aroused its interest in 2020, thus confirming of the venture capital commitment to technology transfer projects at national level. This investment has been channelled through the fund Mondragón Fondo de Promoción FCR, in which the Mondragón Corporation is the majority private investor. The corporation constitutes a group of cooperatives and companies, such as Bexen Cardio, a medical company in the cardiology sector and part of the Mondragón Group cooperative, which has also invested in Corify Care. This set of investments will bring high value to Corify Care in the industrial and market access area and will provide the company with essential economic resources for its activity.

This investment complements the funds raised through the Spanish crowdfunding platform Capital Cell, through which Corify Care has been able to raise €1.13 million in two campaigns with the participation of 465 investors, including professionals in the field of cardiology, various family offices and other investors with extensive experience in the health sector. Both campaigns were closed with an incredible speed within their first day of opening, setting one of the records for the speed of fundraising with a crowdfunding model in Spain in the health sector.

Founded in 2019, Corify Care has created ACORYS®, its first device, which is set to transform the process of treating cardiac arrhythmias. ACORYS® is based on the technology developed in collaboration between Hospital General Universitario Gregorio Marañón and Universitat Politècnica de València. This first Corify Care device will allow personalization in treatment of cardiac arrhythmias.

Worldwide, 33.5 million people suffer from cardiac arrhythmia, a figure that is expected to be doubled by 2050. In the EU, 500,000 people die each year due to a cardiac arrhythmia. With an increasingly ageing population, it is estimated that cardiac arrhythmia will affect more than 50 million people by 2050.

In 2021, treatment of patients with cardiac arrhythmias is ineffective and expensive (2% of the European healthcare system budget, accounting for €13.5B per year). Antiarrhythmic drugs only work in 30% of patients, and invasive interventions such as cardiac ablation have a low success rate: more than 50% of patients require re-intervention, which can be offered to only 4% of patients. The main reason for this is that clinicians lack the technology to identify the origin of the arrhythmia and to select the most appropriate treatment for each patient. To address this unmeet need, Corify Care has developed ACORYS®, a non-invasive mapping system that can map any heart rhythm in less than 2 minutes in both the clinical office and operating room.