Tech Company Financing Transactions
FeelTect Funding Round
FeelTect, based in Connacht, raised $1.6 million from Irrus Investments, Boole Investment Syndicate and CAJU Venture Partners.
Transaction Overview
Company Name
Announced On
12/20/2023
Transaction Type
Venture Equity
Amount
$1,640,000
Round
Undisclosed
Investors
Proceeds Purpose
The funding will create additional clinical collaborations, expand strategic partnerships, and advance commercialisation of the company's wound treatment monitoring technology. The funding also enables the company to see a significant expansion of its team, with additional hires including roles in R&D, manufacturing, project management, clinical affairs, and commercial development.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
The Old Farmhouse Cartoor, Moycullen Galway
Connacht, H91 A6WH
Ireland
Connacht, H91 A6WH
Ireland
Phone
Website
Email Address
Overview
Developer of a connected-health technology designed to improve treatment for patients receiving compression therapy, primarily those with venous leg ulcers. The company's technology measures and monitors sub-bandage pressure inside and outside the clinical setting, improving the application and maintenance of safe and efficacious sub-bandage pressure, enabling patients to facilitate optimal, individualized treatment regimens for patients receiving compression therapy, and reducing health-economic burden.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andrew Cameron
Chief Technical Officer
Darren Burke
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Where The Data Comes From
We record funding rounds that are announced publicly. VC investment data records reported here come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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