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CorTec

CorTec

Private
FreiburgHealthcare & Life Scienceshttps://cortec-neuro.com/

Last Round

Grant

Feb 14, 2023

Total Funding Raised

$22.15M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

CorTec is a medical technology company that develops and manufactures implantable neurotechnological devices, components, and active implantable systems for neuromodulation applications and Brain-Computer Interfaces (BCI).

Sector

Healthcare & Life Sciences

Verticals

Medical Devices, Biotech Equipment, Sensors, Clinical Trials

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting, Government Contracts

AI Layer

Non-AI

Keywords

brain-computer interfaceBCIneural implantsneuromodulationneurostimulationimplantable devicesmedical device OEMclosed-loop BCIneurotech hardwareECoG electrodesactive implantable medical devicesneural signal recordingmedical device developmentcuff electrodesISO 13485

Historical Pricing

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Caplight Momentum Score

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CorTec Comparables

Compare CorTec with similar companies based on industry and business-model similarity.

CorTec comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Ripple Neuro
80%
Paradromics
78%
Micro-Leads, Inc.
77%

CorTec Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
GrantFeb 14, 2023
Series CNov 7, 2019
Series BJun 23, 2016
Series AJan 23, 2013
SeedOct 10, 2011

Key People

Founding team and executive leadership

Frank Desiere -

Chief Executive Officer

Executive Team

Martin Schuettler

Chief Technology Officer - CTO, CEO CTO

Executive Team

CorTec Investors

Notable investors and investment history

CorTec investors
InvestorRounds
M-InvestSeries B, Series C, Series A
Mangold InvestSeries C, Series B
Santo Venture CapitalSeries C
European Innovation Council FundGrant
KfW Development BankSeries A, Series C
High-Tech GründerfondsSeries B, Series A, Series C, Seed
LBBW Venture Capital GmbHSeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 9, 2026

    Awarded for Brain Interchange system to aid stroke recovery.

  • Aug 3, 2025

    Introduced Brain Interchange, a closed-loop brain signal recording and stimulation system.

CorTec Filings

SEC and related filings with document metadata.

Data table
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CorTec Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about CorTec's valuation, stock price, and market status.

Firmographic Details

HeadquartersFreiburg
Employee Range95
Year Founded2010
Last FundingFeb 14, 2023

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