Tech Company Financing Transactions
Bluedrop Medical Funding Round
On 3/31/2023, Bluedrop Medical raised $11.4 million in funding from Atlantic Bridge Ventures, Elkstone and Ascentifi.
Transaction Overview
Company Name
Announced On
3/31/2023
Transaction Type
Venture Equity
Amount
$11,409,000
Round
Undisclosed
Investors
Proceeds Purpose
The funding will allow Bluedrop Medical to expand its production capacity, alongside its product development and commercial teams.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
Unit 20 Innovation Hub, GMIT
Galway, H91 DCH9
IR
Galway, H91 DCH9
IR
Phone
Undisclosed
Website
Email Address
Overview
The Bluedrop Medical team has several decades of experience in developing innovative medical device technologies in the wound care and cardiovascular devices. The company was founded by medical device engineers Chris Murphy and Simon Kiersey. We believe that digital health and medical device technology should strengthen, not replace, the connection between the patient and their caregiver.
Management Team
Title
Name
Email & Social
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We do our best to document all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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