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Respirator maker eyes €200,000 funding target

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Ibentus is aiming to make respirators more accessible to less affluent populations

A Spanish respirator maker is eyeing a €200,000 crowdfunding target with the aim of commercialising its first product internationally.

Established at the beginning of 2020, Ibentus is aiming to make respirators more accessible to less affluent populations.

The company has developed a COVID emergency respirator prototype, with the first units having been delivered to Latin American countries already.

Ibentus has currently raised €140,400 from 23 investors on Crowdcube, with 30 days remaining on the campaign.

A statement on its crowdfunding page said: “Although our initial strategy is focused on COVID patients, several international studies indicate that respiratory pathologies will be a huge global problem over the next 20 years.

“To meet this strong demand, we plan to start developing a new and improved high-performance respirator that’s more inexpensive with the aim to achieve high penetration in Latin America and Africa in the coming years.

“Hospitals of public and private health networks are our main targets to obtain revenue.

“Funds will be used to boost sales and complete authorisation of our existing respirator, launch local campaigns in target countries and to develop our new, high-performance respirator product.”

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