Cryogenx funding news – Healthtech Startup Cryogenx Secures £150k in Funding

The business created the CGX1, a body cooling tool that is portable and resembles a 'ice bath in a backpack'. It is made to allow for quick, life-saving cooling in any situation.

With Cryogenx's patent-pending technology, a strong coolant housed in small cylinders is pumped into a thermally conductive adhesive pad that is applied to the patient's chest. This provides an initial therapeutic intervention for individuals experiencing heat-related ailments, including heatstroke, by simulating the effects of submerging oneself in icy water.

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Matt Anderson, the creator of Cryogenx, had the concept while he was a Brunel University student studying industrial design. Matt started researching the risks and impacts of intense heat after seeing a documentary in which a cinematographer perished from the heat while filming in a remote area.

Every year, high heat is thought to be the cause of 489,000 deaths worldwide. As a result of rising temperatures brought on by climate change, it is expected that this number will rise dramatically.

Anderson explained: “Across the world, people are suffering and dying from the effects of extreme heat and we’ve seen these figures rise, particularly in the last 5-10 years, where record temperatures have been hit across the world. The increased frequency and severity of extreme weather events, such as heatwaves, leads to a marked increase in excess mortality and could potentially be the new norm with the growing rate of extreme heat events as a result of global warming.”

The more quickly you can begin lowering the core body temperature in cases of heatstroke, the more successful the treatment will be. But in isolated areas, that can be extremely difficult.

In situations when heat-related illnesses are frequent or likely—for example, when physical labour and exposure to heat and humidity are required for a job—Cryogenx provides help to individuals and organisations. This covers, among many other things, the fields of sports, building, energy, industry, and the armed forces.

Damon Bonser, CEO at the British Design Fund, said: “Cryogenx’s technology solves a growing global need for a rapid, emergency response for heat illness. What is really impressive about the device is how well designed and thought through it is, being easily transported and operated by a single person, with no pre-preparation or specialist storage required. We look forward to working with Matt and the Cryogenx team as they bring this vital technology to market.”

With the help of the money, Cryogenx will be able to start and expand its business endeavours, which will include finishing its first official production run.

The business is also working on a number of preclinical studies, one in the US with a renowned expert in exercise and environmental physiology and another at Brunel University. To get our technology into the hands of those who need it, the company is eager to establish connections with businesses and distributors in this field.

About Cryogenx

Cryogenx develops and produces technology to enable human habitation on a warmer world. A portable, on-demand body cooling gadget that they hope will revolutionise the treatment of heatstroke is their first product. It is your backpack's ice bath. With a fraction of the resources required, the Cryogenx CGX1 simulates ice water immersion and provides life-saving cooling in any situation.