Tech Company Financing Transactions
Octet Medical Funding Round
On 7/16/2023, Octet Medical raised $10 million in Series B investment from private investors.
Transaction Overview
Company Name
Announced On
7/16/2023
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to advance the development of the Octet Medical Electrostatic Applicator (OMEA) for use in clinical trial programs.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
13400 Sabre Springs Parkway 235
San Diego, CA 92128
USA
San Diego, CA 92128
USA
Phone
Website
Email Address
Overview
Octet Medical, Inc., (OMI) is a pioneering medical device company based in San Diego, California. The company was founded in 2018 by Cliff Wright. The company's vision is to modernize and significantly enhance the treatment of acute and chronic wounds by means of a proprietary electrostatic delivery system. Our platform is called the Octet Medical Electrostatic Applicator, or OMEA. OMI's core technology is based on the Founder's expertise and deep experience with electrostatic applicators. Mr. Wright's patented technology is currently being commercialized as a non-Medical Device applicator for use in coating and disinfecting surfaces in the general public space (hospitals, military installations, schools, gyms, municipal buildings) via Victory Innovations. OMI owns the perpetual and exclusive licensed suite of Victory patents for electrostatic application in the field of medicine.
Profile
Social Media
Company News
Facebook
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Management Team
Title
Name
Email & Social
Chief Executive Officer
Bud Brainerd
Chief Scientific Officer
Dan Ortuno
Chief Technical Officer
Kyle Elsabee
Founder
Cliff Wright
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