United Kingdom · Medical devices startup

Phagenesis

Phagenesis Ltd. is a UK-based medical technology company founded in 2007, focused on developing non-surgical neurostimulation therapies for neurogenic dysphagia, particularly in pa

Funding reportedLast round: Series D

Medical devicesManchester, United Kingdom

About Phagenesis

Phagenesis Ltd. is a UK-based medical technology company founded in 2007, focused on developing non-surgical neurostimulation therapies for neurogenic dysphagia, particularly in pa

tients recovering from stroke or neurological injuries. The company is headquartered in Manchester and operates as a subsidiary of Nestlé Health Science. Led by CEO Reinhard Krickl, Phagenesis employs around 47 people and is dedicated to improving patient recovery and reducing healthcare burdens. The core product, the Phagenyx® Neurostimulation System, is the first therapy to deliver targeted pharyngeal electrical stimulation to restore safe swallowing. This non-invasive device stimulates nerves in the pharynx, leveraging the brain's neuroplasticity to regain control of swallowing functions. Supported by over 20 years of research and extensive clinical evidence, the system enhances swallowing safety and efficiency, accelerates recovery from dysphagia, and integrates into care protocols for stroke rehabilitation and neurocritical care. Phagenesis primarily serves healthcare providers, including stroke rehabilitation centers and speech-language pathology clinics, aiming to improve outcomes for patients with swallowing impairments.

What company datasets say Phagenesis raised

Funding, as reported

Reported in all71.4Min the source's currency
Rounds5
Last roundSeries D
Last round size12.7M
Last round dateMar 2024
Investors listed7

Funding filed with regulators

Phagenesis filed 3 raises, $39M in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Apr 2026$12MUK share allotment
  2. Aug 2025$13MUK share allotment
  3. Aug 2024$14MUK share allotment

Founders and team

From Phagenesis's own website: 2 founders, 19 on the team.

Conor MulrooneyCo-Founder & Chief Operating Officer
Shaheen HamdyCo-Founder & Chief Scientific Officer
  • Andre NelChief Financial Officer
  • Marc KorenbergChief Financial Officer
  • Anil KeniVP Global Marketing
  • Buck WellerVP Sales, US
  • Cari ManypennyHead of Global Education
  • Maddy SadiqHead of Human Resources
  • Nick WoodcockVP Sales, Europe
  • Scott GrantVP US Therapy Development
  • Stephen HalsteadHead of QA/RA
  • Boris DeutschmannDirector European Sales
  • Chad HoskinsDirector
  • Drew BurdonDirector
  • Fred EdeniusDirector
  • Independent AdvisorDirector
  • James GibbonsDirector
  • Michael SjöströmDirector
  • Michel GardetDirector
  • Oern StugeChairperson, Director

And 1 more on the team.

On 2 portfolio pages

Investors who name them

Each firm lists Phagenesis on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

cortical reorganizationnon-surgical therapybrain injury recoveryhealth caresensorimotor cortexmedical device regulationneurostimulationdistributionmanufacturinglong-term cortex reorganizationreal-world datadysphagia therapypersonalized therapyneuroplasticitypharyngeal electrical stimulationneurostimulation in icu

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Sector
Medical devices
Industry code
NAICS 33911, 334510, SIC 3844, 3841
Region
England
Part of
Nestlé Health Science
Revenue
4.3M a year, as listed
Full record
Every detail in the company directory

Medical devices in United Kingdom

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