Chitogel: Funding, Investors & Team (Sep 2026)
Chitogel is a postoperative hydrogel nasal dressing that can be applied to sinuses after endoscopic sinus surgery. The hydrogel is made by combining chitosan succinamide, dextran aldehyde, and, a sodium phosphate buffer solution. Many patients with chronic sinusitis whose conditions fail to respond to medical treatment require surgery to return their sinus cavities to normal. Chitogel is designed to improve surgical outcomes in the treatment of sinusitis. Chitogel addresses a number of the traditional sinus surgery shortcomings: • Separate tissue or structures compromised by surgical trauma • Prevent adhesions between mucosal surfaces in the nasal cavity • Minimise ostial stenosis • Control minimal bleeding by tamponade effect, blood absorption, and platelet aggregation • Enhance wound healing and the patient experience
Chitogel has raised $6.6M across 1 funding round on record, the most recent an undisclosed round of $6.6M announced in Oct 2024.
That round is above the $4.8M median round size for Health Care companies tracked on FundedIQ over the last two years.
Chitogel Company Profile and Key Stats
Latest funding round on record: Oct 2024.
Chitogel Funding Rounds
Chitogel Founders and Leadership Team
No contact details are on record for this team yet.
Chitogel Funding Compared to Other Health Care Startups
Chitogel's latest round of $6.6M is above the median round in Health Care. Medians cover the last 24 months of disclosed rounds.
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Chitogel Funding FAQs
What does Chitogel do?
Chitogel is a postoperative hydrogel nasal dressing that can be applied to sinuses after endoscopic sinus surgery. The hydrogel is made by combining chitosan succinamide, dextran aldehyde, and, a sodium phosphate buffer solution. Many patients with chronic sinusitis whose conditions fail to respond to medical treatment require surgery to return their sinus cavities to normal. Chitogel is designed to improve surgical outcomes in the treatment of sinusitis. Chitogel addresses a number of the traditional sinus surgery shortcomings: • Separate tissue or structures compromised by surgical trauma • Prevent adhesions between mucosal surfaces in the nasal cavity • Minimise ostial stenosis • Control minimal bleeding by tamponade effect, blood absorption, and platelet aggregation • Enhance wound healing and the patient experience
How much funding has Chitogel raised?
Chitogel has raised $6.6M across 1 round on record. The most recent is an undisclosed round of $6.6M announced in Oct 2024.
When did Chitogel last raise funding?
Chitogel's most recent funding round on record is an undisclosed round of $6.6M, announced in Oct 2024.
Who founded Chitogel?
FundedIQ lists Philip James Royal (Founder) at Chitogel.
Where is Chitogel headquartered?
Chitogel is based in Wellington, New Zealand.
How many employees does Chitogel have?
Chitogel is in the 11-50 employee band.
How does Chitogel's funding compare to other Health Care startups?
Chitogel's latest round of $6.6M is above the $4.8M median round size for Health Care companies on FundedIQ across 3,653 tracked companies over the last two years.
About FundedIQ's Chitogel Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Chitogel is left off this page rather than filled in.
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