London-based Fixit Medical raises £124.9k for catheter securement device
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Fixit Medical Ltd has developed Cingo, a medical device designed to securely hold drainage catheters. The London-based company addresses the challenge of inadequate catheter securement in healthcare settings, allowing patients to perform daily activities without the risk of displacement. This product targets both individual patients and healthcare providers on a global scale.
A recent funding round has seen the business raise an estimated £124.9k. This investment brings the company to an estimated post-money valuation of £2.5m. The latest capital injection follows a total of £25k raised during 2025, bringing the total funding secured throughout 2026 to £163.3k.
Founded in 2012, the firm operates with a team of three employees, according to financial records for the year ended 30 April 2026. Documentation regarding this latest share allotment was formally filed in September 2026.
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