Alesi Surgical Secures FDA Clearance and Raises £5 Million in Funding

The round included new investor Mercia Ventures along with existing investors IP Group and Panakès Partners

Alesi Surgical Limited, a Cardiff-based pioneer in surgical technologies, has achieved a major milestone with FDA 510(k) clearance for its latest innovation, the IonPencil. The device integrates the company’s proprietary Ultravision technology platform and marks the firm’s entry into open surgery smoke management, an area where demand is growing due to increased legislative and health awareness. Alongside this achievement, Alesi Surgical also announced the successful completion of a £5 million funding round led by new investor Mercia Ventures, with participation from existing investors IP Group and Panakès Partners.

Breaking New Ground in Surgical Smoke Management

Alesi Surgical’s latest product, the IonPencil, is designed to address the longstanding issue of surgical smoke during open surgery procedures. Surgical smoke, often produced by modern electrosurgical tools, poses significant health risks to operating room staff, including exposure to toxins, carcinogens, and aerosolized viruses. Additionally, it can reduce visibility during procedures, leading to interruptions and inefficiencies.

The IonPencil combines a lightweight, ergonomic design with Ultravision’s state-of-the-art electrostatic technology, which captures and eliminates smoke at its source without the need for cumbersome tubing or suction-based systems. This new tool is positioned as an alternative to the existing, less popular "smoke pencils" and other suction-based smoke evacuators that have often been criticized for being noisy, difficult to handle, and ineffective in fully managing smoke. The IonPencil's arrival coincides with increasing legislative pressure in the United States to adopt effective smoke management solutions, which has grown from one state mandating such measures in 2018 to 18 states by 2024.

The Ultravision2 System and IonPencil: A New Standard for Open Surgery

The IonPencil is part of Alesi’s broader Ultravision2 system, which received FDA clearance earlier this year and is now authorized for use in open, laparoscopic, and robotic surgeries. Research has shown that the Ultravision technology is 23 times more effective than traditional methods in reducing the release of harmful smoke into the operating room during laparoscopic procedures. The system also has the added benefit of minimizing the infectivity of viruses contained within surgical smoke. With more than 20 million open surgeries performed annually in the U.S. alone, the market for effective smoke management solutions is substantial.

Alesi Surgical’s breakthrough technology not only enhances safety for healthcare professionals but also benefits patients by lowering the need for high volumes of cold carbon dioxide gas during laparoscopic procedures. Excessive exposure to such gases has been linked to a range of post-surgical complications, including cardiovascular issues, longer recovery times, and increased pain.

FDA Clearance: A Launchpad for Global Expansion

Achieving FDA clearance for the IonPencil is a critical step in Alesi Surgical’s global expansion plans. The company is now focusing on the commercial rollout of both the IonPencil and the Ultravision2 system in the United States, where there is a growing demand for efficient and compliant surgical smoke management solutions. Additionally, Alesi plans to secure further regulatory approvals in Europe through the Medical Device Regulation (MDR) and in Japan via the Pharmaceuticals and Medical Devices Agency (PMDA).

Dominic Griffiths, CEO of Alesi Surgical, emphasized the significance of these developments, stating, “We have been overwhelmed by the positive feedback from surgeons during the IonPencil’s development. The hazards of surgical smoke are now well-documented, and we are thrilled to offer this innovative and ergonomic device to the U.S. market. With increasing legislative mandates, we believe the IonPencil will greatly enhance compliance and safety in operating rooms across the country.”

£5 Million Funding Round to Drive Growth

Alesi Surgical’s future growth is further bolstered by a £5 million injection of capital. The funding round, led by Mercia Ventures, a renowned investor in high-growth healthcare and life sciences companies, also saw participation from IP Group and Panakès Partners, two existing backers of the firm. The funds will be used to accelerate U.S. commercialization efforts and further the company's ambitions to gain regulatory clearance in other key markets, including Europe and Japan.

Robert Hornby, Investor Director at Mercia Ventures, highlighted the significance of Alesi’s FDA approval and the market potential of its products: “The introduction of new regulations will drive the uptake of smoke management solutions in the years ahead. Alesi’s technology offers clear advantages over current systems, and with the IonPencil, the company is set to expand into a much larger market beyond its well-established position in laparoscopic surgery. We look forward to supporting Dominic and the team as they embark on this exciting new phase of growth.”

Alesi’s Path to Innovation

Founded in 2009 as a spin-out from Cardiff University, Alesi Surgical has steadily grown into a leader in surgical smoke management technology. The company’s pioneering Ultravision system, initially developed for laparoscopic procedures, has been used in over 40,000 surgeries to date and is approved in the United States, Europe, and Japan. The addition of the IonPencil expands Alesi’s product portfolio into open surgery, a move that is expected to significantly broaden its market reach.

With FDA clearance secured and new funding in place, Alesi Surgical is well-positioned to make a global impact in the field of surgical smoke management. As healthcare professionals and regulators increasingly recognize the dangers of surgical smoke, Alesi’s innovative solutions offer a safe, effective, and user-friendly alternative to existing technologies. The introduction of the IonPencil marks a new chapter for the company and a promising future for safer, more efficient surgeries worldwide.