Stairway Medical, a pioneering Swedish medicotechnical startup founded in 2020, proudly announces a successful funding round with an impressive raise of 48,000,000 SEK. This significant investment marks a milestone for the company, which was established by a dynamic team of medical and dental research innovators collaborating closely with the Innovation and Holding units at Lund University. Stairway Medical is at the forefront of revolutionizing procedural sedation safety by developing advanced medicotechnical solutions tailored to secure upper airway patency. Their flagship invention, STAIRWAY, stands as the only practical device designed to maintain mechanical airway patency during procedural sedation, ensuring patient safety, comfort, and procedural efficacy.
The newly secured funds will primarily be directed toward extensive clinical validation, technological refinement, and market expansion efforts. With millions of procedural sedations being performed annually across Europe—and with numbers steadily increasing worldwide, particularly by non-anaesthesia professionals in non-hospital settings—the demand for reliable and effective airway management solutions is more critical than ever. Recent research conducted across three healthcare regions in southern Sweden, involving nearly one hundred anaesthetists, underscored the commonality of airway and respiratory complications during sedation. These insights fortify Stairway Medical’s mission to provide a solution that minimizes discomfort, prevents procedural interruptions, and reduces the risks associated with airway occlusion during sedation.
This funding round not only validates the innovative approach of Stairway Medical but also accelerates their commitment to enhancing procedural sedation safety globally. The company envisions that, with the new capital injection, its cutting-edge STAIRWAY device will soon transform the standard of care, delivering predictable, efficient, and credible sedation outcomes that benefit both healthcare professionals and patients alike.
