A new type of condom that could revolutionise safe sex is just one of seven potentially lifesaving medical devices to be backed by NSW government grants.

The new condom is made from a 'hydrogel' skin-like material that its creators say is designed to feel like you're 'wearing nothing at all'.

Eudeamon Technologies won $1million from a share of $9.85million in NSW government grants, which supports medtech innovators that are trying to get their ideas off the ground.

The Wollongong-based company will use the money from the grant to further refine the prototype, which will include testing the product on humans.

Eudeamon co-founder biomedical engineer Dr Robert Gorkin said the texture of the new condom is designed so it looks and feels more appealing.

Condoms have been around for thousands of years, and in that time have been made of linen, goat's bladders, animal intestines, vulcanised rubber, and more recently, latex.