CorTec
PrivateLast Round
Grant
Feb 14, 2023
Total Funding Raised
$22.15M
Company Overview
CorTec operates in Healthcare & Life Sciences and is based in Freiburg. Its latest recorded funding round was a Grant round in February 2023.
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, Health IoT
Business Model
B2B
Customer Profile
Hardware Sales, Services & Consulting, Government Contracts
AI Layer
Non-AI
Historical Pricing
Historical view of private secondary pricing and transaction trends.
CorTec Comparables
Compare CorTec with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Ripple Neuro | 80% | |
| Paradromics | 78% | |
| Micro-Leads, Inc. | 77% |
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CorTec Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Grant | Feb 14, 2023 | ||||
| Series C | Nov 7, 2019 | ||||
| Series B | Jun 23, 2016 | ||||
| Series A | Jan 23, 2013 | ||||
| Seed | Oct 10, 2011 |
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Key People
Founding team and executive leadership
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CorTec Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| M-Invest | Series B, Series C, Series A |
| Mangold Invest | Series C, Series B |
| Santo Venture Capital | Series C |
| European Innovation Council Fund | Grant |
| KfW Development Bank | Series A, Series C |
| High-Tech Gründerfonds | Series B, Series A, Series C, Seed |
| LBBW Venture Capital | Series B, Series A, Series C, Seed |
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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.
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Recent news
Latest coverage and updates
- is_developingSep 18, 2026
CorTec GmbH is developing Brain Interchange, a fully implantable, wireless and battery-free bidirectional brain-computer interface that lets people with non-progressive quadriplegia control a computer cursor through neural activity and access electronic devices independently.
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CorTec Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about CorTec's valuation, stock price, and market status.
Is CorTec a public or private company?
CorTec is a private company.
What is the current stock price of CorTec?
CorTec is a private company, so its shares have no public market price. Caplight tracks CorTec's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is CorTec worth (valuation)?
Valuation information for CorTec is not publicly available.
Can I buy CorTec stock?
CorTec shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was CorTec's last funding round?
CorTec's most recent funding round was Grant on February 14, 2023.
Who are the main investors in CorTec?
Key investors in CorTec include M-Invest, Mangold Invest, Santo Venture Capital, EIC Fund.
Will CorTec IPO soon?
No public IPO plans have been announced for CorTec.
How can I track CorTec secondary market activity?
Caplight tracks bids, offers, and trades in CorTec's shares on secondary markets.