PhosPrint and the EIC Accelerator: Printing Bladders in Surgery

30 September 2026938 words5 min

PhosPrint, founded in 2019 as a spin-off of the Institute of Communication and Computer Systems at the National Technical University of Athens, builds a laser bioprinter that deposits living cells directly onto tissue during surgery. Its first target is bladder cancer patients whose bladder is removed and rebuilt from intestine: the printer coats the intestinal tissue with the patient's own bladder cells to avoid the mucus, metabolic problems and stones that such neobladders cause, according to CORDIS.

The European Innovation Council granted €2,000,560 towards a €2.86 million project from May 2023 to April 2026. The report covering the first 18 months says a 12-pig study "validated the safety and superiority" of the approach against the standard neobladder, that a clinical version of the printer was ready for first-in-human use, and that the patent portfolio grew from four to five families. In December 2025 Corallia Ventures and Google Maps co-founder Lars Rasmussen put €500,000 into the company. The European Medicines Agency and Greece's medicines agency approved a first human trial, which PhosPrint said in May 2026 "is beginning". No human results have been published.

€2.00MEIC grant, 70% of a €2.86M project
12Pigs in the validation study
€500kSeed round, December 2025
2026First human trial begins

Company file

Legal entity
PhosPrint SA, VAT EL801099345, Agia Paraskevi, Athens
Founded
2019, as a private company (IKE)
CEO and co-founder
Ioanna Zergioti
Co-founders
Apostolos Klinakis (clinical director), Maria Pallidou (CFO)
Product
InvivoLPrint-U laser bioprinter (D-LIB platform)
EIC project
1 May 2023 to 30 Apr 2026
EIC funding
Grant first

Where PhosPrint Stands Now

According to ICCS, the regulators treated the product as a combination of cell therapy and medical device, and the submission ran to more than 7,000 pages. PhosPrint's CEO said the seed money would mainly cover the costs of the first human trial, and that proving safety is a prerequisite for follow-on investment. In May 2026 PhosPrint received a start-up award from the Athens Chamber of Commerce and said the trial was starting at Laiko and Gennimatas hospitals in Athens, according to its announcement.

The record

A laser bioprinter moves from pigs to people

PhosPrint validated in vivo bioprinting of bladder tissue in pigs during the EIC project, raised a €500,000 seed round and won approval for its first human trial, which it said was beginning in May 2026.

  1. 2019Company foundedICCS/NTUA spin-off, Athens
  2. Jun 2022EIC Accelerator cut-offLaser bioprinting in surgerygrant first
  3. May 2023EIC project starts€2.86M project€2.00M grant
  4. 2023-24Pig studies17 optimisation surgeries; 12-pig validation study
  5. Dec 2025Seed roundCorallia Ventures and Lars Rasmussen€500k
  6. By Feb 2026Trial approvedEMA and Greek medicines agency EOF
  7. Apr 2026EIC project endsClinical device ready
  8. May 2026First human trial beginsLaiko and Gennimatas hospitals, Athens

CORDIS, Corallia Ventures, ICCS and PhosPrint.

"D-LIB treated animals at 2 months post-surgery, were free from mucus and metabolic defects, in sharp contrast to controls that developed all known side-effects."

PhosPrint, report to the EIC

The Technology: Printing Cells With Light

The printer uses laser-induced forward transfer: a laser pulse pushes tiny droplets of cell-laden material onto a surface with high precision. A biopsy is taken from the patient, bladder cells are isolated and expanded in the lab, and during surgery they are printed onto the stripped intestinal lining that forms the new bladder. The report says 17 pig surgeries were used to refine the protocol before the 12-animal study. The pig results appear only in company reports and statements so far.

The evidence

What the preclinical work involved

Counts from the EIC report: surgeries used to optimise the protocol, pigs in the validation study, and weeks of follow-up.

CORDIS project 190195672, report to October 2024.

What the EIC Project Promised, and What CORDIS Shows

The EIC project

The EU paid 70% of a €2.9M project

The project ran from May 2023 to April 2026. CORDIS still lists it as signed and shows only the first report, to October 2024.

CORDIS project 190195672. Values in € millions.

The project promised to introduce laser bioprinting into surgery, starting with bladder reconstruction. It delivered a clinical-grade device, completed preclinical validation and set up a quality system for EU and US regulators. PhosPrint said in May 2026, after the project's end, that the human trial was starting, so clinical validation is still to come. CORDIS still lists the project as signed.

  1. Clinical-grade printerDeliveredReady for first-in-human use.
  2. Preclinical validationDelivered12-pig study.
  3. Regulatory approval to testDeliveredEMA and EOF.
  4. Human resultsPendingTrial starting, 2026.

The Money

The report records that Corallia Ventures offered a €4 million pre-money valuation to open negotiations and that a crowdfunding platform, Capital Cell, planned to host a round of up to €500,000. The round that closed in December 2025 raised €500,000. PhosPrint has not published its revenue or losses.

The money

EU grant, seed round and valuation

In € millions. The pre-money valuation is the figure Corallia Ventures offered to open negotiations, as quoted in the EIC report.

CORDIS report; Corallia Ventures, December 2025.

What Cannot Be Checked

Questions for the EIC

How many patients the trial will enrol, when results are expected, whether the Capital Cell round happened and why CORDIS shows no final report are not public.

Why Europe Should Care

More than 150,000 patients a year worldwide are candidates for bladder removal due to cancer, according to Corallia. The EIC grant ran while a small Greek company moved from animal studies to a regulator-approved human trial.

What the project promised

Laser bioprinting introduced into surgery, starting with bladder reconstruction for cancer patients.

What the record shows

A clinical device, pig studies it reports as successful, an approved first human trial and a €500,000 seed round.

The Verdict

Into the clinic, results pending

PhosPrint reached an approved first human trial around the end of the EIC grant, a real milestone for a company its size. Whether printing cells inside patients works as it did in pigs is the question the trial has yet to answer.

PhosPrint and the EIC have not been asked for comment for this article. It is based entirely on public records and published statements, linked throughout.

Industry

HealthMedical devices

Focus
  • Urology devices
Technologies
  • 3D printing
  • Lasers
Keywords
  • Bladder cancer
  • Bladder reconstruction
  • Regenerative medicine
  • Cell therapy
  • Bioprinting