Deepull Secures €50 Million in Series C Funding with Cuatrecasas' Guidance

Deal News | Apr 30, 2025 | Iberian Lawyer

Deepull Secures €50 Million in Series C Funding with Cuatrecasas' Guidance

Cuatrecasas, a prestigious law firm, has successfully advised Deepull Diagnostics in securing a €50 million Series C investment round. Deepull, known for its innovative medical diagnostic solutions, will leverage this funding to complete clinical validations and advance the regulatory approval process for its UllCORE system. The system, which has been recognized by the U.S. FDA as a Breakthrough Device, provides a fully automated diagnostic process, offering rapid results for a wide array of pathogens causing sepsis. This funding round represents a significant milestone for Deepull as it positions the company towards delivering transformative healthcare solutions globally. The success of the investment round underscores the vitality of the life sciences sector in the region, highlighted by Elena Cuatrecasas, who led the legal advisory effort.

Sectors

  • Life Sciences
  • Legal Services

Geography

  • Spain – Cuatrecasas is a Spanish law firm, and the transaction involves companies operating in or from Spain.
  • United States – The UllCORE system received Breakthrough Device designation from the U.S. FDA, highlighting its relevance to the U.S. market.

Industry

  • Life Sciences – Deepull operates in the life sciences sector, focusing on innovative diagnostic solutions that enhance healthcare delivery.
  • Legal Services – Cuatrecasas, a law firm, provided legal advisory services to Deepull during the investment round.

Financials

  • 50 million euros – The amount raised by Deepull in their Series C investment round.

Participants

NameRoleTypeDescription
Deepull DiagnosticsTarget CompanyCompanyDevelops culture-free medical diagnostic solutions, including the UllCORE system.
CuatrecasasLegal AdvisorCompanyA law firm providing legal advisory services to Deepull in the investment round.
Elena CuatrecasasLegal AdvisorPersonLed the legal advisory team for the investment round.
Amador RodríguezLegal AdvisorPersonCollaborated on the legal advisory team for the investment round.
Georgina BofillLegal AdvisorPersonCollaborated on the legal advisory team for the investment round.