MedTechIndexBETA
The MedTechIndex Briefing

Keep up with MedTechIndex.

A weekly note from Blair, new companies added to the directory, and meaningful updates to existing profiles.

Confirm your email to join. Email privacy

Companies / QV Bioelectronics
Medical device company profile

QV Bioelectronics

UK medical device developer building GRACE, a fully implantable electric field therapy platform initially targeting glioblastoma after brain tumour surgery.

Medical Device Manufacturer and DeveloperOncologyNeurology, Mental Health & PainNeurosurgeryClinical study preparation
HeadquartersπŸ‡¬πŸ‡§Macclesfield, Cheshire, United Kingdom
Founded2018
Commercial statusIn developmentGRACE implantable electric field therapy; preparing the first-in-human SHIELD study.
Employees11–50LinkedIn company-size range
Estimated revenueNot confirmed
Disclosed fundingβ‰ˆ US$6.07 millionΒ£4.5 million investment and grant funding Β· January 2026
Official websitewww.qvbio.co.uk β†—

Company overview

QV Bioelectronics is a UK medical device developer based at Alderley Park in Cheshire. Founded in 2018 by biomedical engineer Christopher Bullock and neurosurgeon Richard Fu, it develops implantable electric field therapy for aggressive brain tumours. Carl Daintree became CEO in March 2026, with Bullock moving to Chief Technology Officer.

Its GRACE platform is designed to be implanted during tumour resection surgery and deliver continuous therapeutic electric fields near the resection cavity. The initial target is glioblastoma. The aim is to disrupt residual cancer-cell division while reducing the daily burden associated with externally worn treatment equipment; clinical safety and effectiveness of GRACE still require evaluation.

QV disclosed Β£4.5 million in combined investment and grant funding in January 2026 to advance GRACE into first-in-human studies. In June it reported progress with ethics-review submissions for SHIELD, planned at Royal Melbourne Hospital in Australia. That announcement described study preparation, rather than completed enrollment or established clinical benefit.

[1][2][3][4][5][6][7]

Leadership

5 people
Carl DaintreeChief Executive Officer [4]
Christopher Bullock, PhDChief Technology Officer & Co-Founder [4]
Richard Fu, MDClinical Director & Co-Founder [4]
Sabine FicekChief Financial Officer [4]
Deepak KotakNon-Executive Director [4]

Products & regulatory status How does MedTechIndex get this information?

Summary

GRACE remains a development-stage implantable therapy. QV’s June 2026 SHIELD update described final responses submitted to the Research Ethics Committee for a first-in-human study planned at Royal Melbourne Hospital, Australia. That submission is not a commercial authorization or evidence that the study has completed enrollment. [3][4][5][6]

The proposed study is intended to evaluate the fully implantable electric field therapy in patients with glioblastoma. QV’s product design and preclinical rationale do not establish clinical equivalence to other tumour treating field systems or a demonstrated survival benefit for GRACE. [3][4][5][6]

Regulatory snapshot How to read this snapshot

U.S. FDA
β€”
510(k) clearances
β€”
De Novo grants
β€”
PMA approvals
β€”
Recall events

Latest recorded source review: 2026-11-05.

Scope: selected product families.

Commercial portfolio snapshot

No commercially marketed product portfolio has been established in the reviewed material.

Commercial development

QV Bioelectronics GRACE β€” official device illustration
Image: QV Bioelectronics
Implantable electric field therapy platform

GRACE β†—

Fully implantable platform intended to deliver continuous therapeutic electric fields near residual tumour following surgical resection. GRACE stands for Glioma Resection Advanced Cavity Electric Field therapy. Development initially targets glioblastoma, with the first-in-human SHIELD study in preparation. [3]

In development Β· First-in-human study preparation

Activity & Milestones

4 events
2026-06-15 Β· Clinical

SHIELD ethics-review milestone reported

QV reported submitting its final Research Ethics Committee responses for the planned first-in-human study at Royal Melbourne Hospital. [6]

2026-03-17 Β· Leadership

Carl Daintree becomes CEO

QV announced Daintree’s appointment and co-founder Christopher Bullock’s transition to Chief Technology Officer. [5]

2026-01-21 Β· Funding

Β£4.5 million funding package announced

Combined investment and grants included PXN Ventures, Empirical Ventures, angel investors, NIHR and Innovate UK support. [7]

2018 Β· Corporate

Company founded

Christopher Bullock and Richard Fu founded QV Bioelectronics to develop implantable therapy for brain tumours. [2]

7 Cited Sources

Accessed 11/05/2026

[1] ECB currency conversion reference rates β€” 2026-11-04 β†—European Central Bank Β· other Β· Published 2026-11-04Disclosed funding originally reported as Β£4,500,000. Approximate USD comparison equivalent using ECB reference rates dated 2026-11-04: 1 GBP = US$1.34998802. Rounded for display; this is not the historical transaction exchange rate.
[2] QV Bioelectronics β€” company details β†—QV Bioelectronics / LinkedIn Β· other
Company research

Compare companies

Privacy choices

Your saved-company and comparison preferences are stored separately. Changing analytics preferences does not clear them.

About cookies and privacy