Tech Company Financing Transactions
RedDress Funding Round
RedDress, based in Ponte Vedra Beach, secured $26 million from ATHOS Biopharma, HCS Capital Partners and Ragnar Crossover Fund.
Transaction Overview
Company Name
Announced On
5/24/2023
Transaction Type
Venture Equity
Amount
$26,000,000
Round
Series D
Proceeds Purpose
The company intends to use the funds to support increased adoption of its product suite, establishment of global partnerships, and the expansion of its proprietary blood-based technology.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
822 A1A North 310
Ponte Vedra Beach, FL 32082
USA
Ponte Vedra Beach, FL 32082
USA
Phone
Website
Email Address
Overview
RedDress, a private medical device company, developed a ground breaking, advanced wound care product, based on a patented technology to reproduce the natural process of the body to heal wounds. The company based in Israel, was founded in 2009 by Dr. Igal Kushnir, MD and Alon Kushnir and is focused on developing effective solutions that improve outcomes for patients. RedDress management has vast experience in bringing breakthrough medical ideas to successful commercialization.
Management Team
Title
Name
Email & Social
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