Tech Company Financing Transactions

Liberate Medical Funding Round

Liberate Medical closed a $6.2 million Series B funding round on 7/5/2023. Backers included Scientific Health Development and private investors.

Transaction Overview

Company Name
Announced On
7/5/2023
Transaction Type
Venture Equity
Amount
$6,200,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to support the pivotal clinical trial of the VentFree Respiratory Muscle Stimulator. The Series B funding will provide the resources to complete the PREVENT trial, in anticipation of FDA regulatory clearance and full commercial launch of VentFree.

Company Information

Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
6400 Westwind Way A
Crestwood, KY 40014
USA
Email Address
Overview
Liberate Medical is a medical device company that develops neuromuscular electrical stimulation technology to improve the quality and reduce the cost of care for patients with pulmonary disorders. Liberate's lead product, the VentFree� respiratory muscle stimulator. Invasive mechanical ventilation commonly weakens the breathing muscles, increasing the need for further ventilator support. VentFree applies proprietary, non-invasive, electrical stimulation to the expiratory muscles in synchrony with exhalation while a patient is on mechanical ventilation. This breakthrough therapy, which is quick and simple to use, is intended to reduce abdominal muscle atrophy and the time taken to liberate patients from mechanical ventilation.
Profile
Liberate Medical LinkedIn Company Profile
Social Media
Liberate Medical Company Twitter Account
Company News
Liberate Medical News
Facebook
Liberate Medical on Facebook
YouTube
Liberate Medical on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Angus McLachlan
  Angus  McLachlan LinkedIn Profile  Angus  McLachlan Twitter Account  Angus  McLachlan News  Angus  McLachlan on Facebook
Co-Founder
Cedric Francois
  Cedric Francois LinkedIn Profile  Cedric Francois Twitter Account  Cedric Francois News  Cedric Francois on Facebook
VP - Engineering
Guillermo Cohen
  Guillermo Cohen LinkedIn Profile  Guillermo Cohen Twitter Account  Guillermo Cohen News  Guillermo Cohen on Facebook


 

 

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