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Cryo Innovation was a medical technology company developing advanced cryosurgical devices used primarily in dermatology and aesthetic treatments, enabling minimally invasive procedures through precision-controlled freezing technology. Its solutions were designed to improve clinical outcomes while offering efficient, easy-to-use tools for healthcare professionals. Portfolion invested in Cryo Innovation in 2012. The company was later acquired by Vitrolife. Vitrolife itself was subsequently acquired, and the combined group later reached the public markets through an IPO.
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The first successful Jeremie-funded company exit is expected by the end of September. Portfolion is selling Cryo Innovation Kft. for a minimum of €5 million (approx. HUF 1.4 billion). The buyer of the Hungarian-developed embryo monitoring technology is the biotech giant Vitrolife – as confirmed by Portfolion. The story began at the Faculty of Veterinary […]
HealthTech
The first successful Jeremie-funded company exit is expected by the end of September. Portfolion is selling Cryo Innovation Kft. for a minimum of €5 million (approx. HUF 1.4 billion). The buyer of the Hungarian-developed embryo monitoring technology is the biotech giant Vitrolife – as confirmed by Portfolion. The story began at the Faculty of Veterinary […]
HealthTech