ScubaTx - About the company
ScubaTx is a seed company based in Newcastle Upon Tyne (United Kingdom), founded in 2020 by Toby Clark, Toby Clark and William Scott. It operates as a Developer of organ preservation technology for transport and medical transplantation. ScubaTx has raised $3.71M in funding from Praetura Ventures. The company has 34 active competitors, including 11 funded and 6 that have exited. Its top competitors include companies like OrganOx, TransMedics and Bridge to Life.
Company Details
Developer of organ preservation technology for transport and medical transplantation. This system utilizes advanced temperature control and oxygenation to maintain organ viability. The technology includes reusable base units and organ-specific disposable cassettes designed for heart, kidney, liver, lung, and pancreas preservation. By employing persufflation, the platform delivers oxygen to organs during storage to minimize cellular damage and mitigate inflammation. This method replaces traditional cold storage techniques to extend the duration of tissue viability before surgical procedures.
- Website
- www.scubatx.com/
- Registered Address
- LAKEHOUSE,MARKET HILL,ROYSTON,ENGLAND,SG8 9JN
Key Metrics
Founded Year
2020
Location
Newcastle Upon Tyne, United Kingdom
Stage
Seed
Total Funding
$3.71M in 3 rounds
Latest Funding Round
Investors
Ranked
10th among 34 active competitors
Employee Count
7 as on Feb 28, 2025
Legal entities associated with ScubaTx
ScubaTx is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SCUBATX LIMITED CIN: 12447525 , United Kingdom, Active | Feb 05, 2020 | - | 7 (As on Feb 28, 2025) |
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ScubaTx's funding and investors
ScubaTx has raised a total funding of $3.71M over 3 rounds. Its first funding round was on May 15, 2023. Its latest funding round was a Seed round on Sep 03, 2024 for $*****. 1 investor participated in its latest round. ScubaTx has 4 institutional investors.
Here is the list of recent funding rounds of ScubaTx:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 03, 2024 | 8065956 | Seed | 8837130 | 1889057 | 7537062 | 7627006 |
May 15, 2023 | 5509419 | Seed | 9004781 | 5470332 | 3712870 | 3986111 |
May 15, 2023 | 4209204 | Grant (prize money) | 3515306 | 1236181 | 7605942 |
View details of ScubaTx's funding rounds and investors
ScubaTx's founders and board of directors
Founder? Claim ProfileHere are the details of ScubaTx's key team members:
- Toby Clark: Chief Financial Officer / Co-Founder of ScubaTx and founder of 1 other company.
- Toby Clark: Chief Financial Officer / Co-Founder of ScubaTx and founder of 1 other company.
- William Scott: Founder of ScubaTx.
- Phil Andrews: Co-Founder of ScubaTx.
View details of ScubaTx's Founder profiles and Board Members
ScubaTx's employee count trend
ScubaTx has 7 employees as of Feb 25. Here is ScubaTx's employee count trend over the years:
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ScubaTx's Competitors and alternates
Top competitors of ScubaTx include OrganOx, TransMedics and Bridge to Life. Here is the list of Top 10 competitors of ScubaTx, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | OrganOx 2008, Oxford (United Kingdom), Acquired | Provider of a storage and transport system for harvested organs | $45.4M | 75/100 | |
2nd | TransMedics 1998, Andover (United States), Public | Developer of organ transplantation technology | $266M | 67/100 | |
3rd | Bridge to Life 2012, Duluth (United States), Series C | Provider of cold storage solutions for the preservation of organ transplants | $167M | 58/100 | |
4th | Paragonix Technologies 2010, Boston (United States), Acquired | Organ preservation technology improving transplant outcomes with digital tracking and clinical support | $25.1M | 57/100 | |
5th | Vascular Perfusion 2016, San Antonio (United States), Series D | Developer of a device for organ preservation | $152M | 53/100 | |
6th | Until Labs 2021, San Francisco (United States), Series A | Developer of reversible cryopreservation systems for human organs and tissues | $100M | 45/100 | |
7th | Provider of organ preservation technologies and services. It offers machine perfusion technologies for kidneys, livers, and lungs, and a solution for cold static storage of lungs. The company also provides organ recovery and perfusion services. These technologies aim to increase organ utilization, extend preservation time, enable organ assessment, and improve transplant outcomes. A platform for sharing knowledge and experiences related to organ perfusion is also offered. | - | 45/100 | ||
8th | Provider of multi-organ support systems | $23.8M | 43/100 | ||
9th | Organ Recovery Systems 1998, Itasca (United States), Funding Raised | Organ preservation products and services improving transplant outcomes for patients | - | 38/100 | |
10th | ScubaTx 2020, Newcastle Upon Tyne (United Kingdom), Seed | Developer of organ preservation technology for transport and medical transplantation | $3.71M | 36/100 |
Looking for more details on ScubaTx's competitors? Click here to see the top ones
ScubaTx's Investments and acquisitions
ScubaTx has made no investments or acquisitions yet.
Reports related to ScubaTx
Here is the latest report on ScubaTx's sector:
News related to ScubaTx
•
Organ transplant tech pioneer lands £1.4m new fundingProlific North•Sep 03, 2024•ScubaTx, Praetura Ventures, The GM&C Life Sciences Fund
•
Pretura Ventures' Investment in ScubaTxGlobal Legal Chronicle•May 18, 2023•Praetura Ventures, ScubaTx, Irwin Mitchell
•
Healthcare Start-up Raises £1.5m to “revolutionise” Organ TransplantationInsider Media•May 15, 2023•Praetura Ventures, Ukri, ScubaTx, Hexis Lab and 1 other
•
Newcastle healthcare startup targets worldwide growth via seven-figure fundingBdaily•May 15, 2023•ScubaTx, Catapult Ventures, Praetura Ventures
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