Tech Company Financing Transactions
gel-e Funding Round
On 7/15/2017, gel-e announced $3.1 million in funding from National Science Foundation and TEDCO.
Transaction Overview
Company Name
Announced On
7/15/2017
Transaction Type
Venture Equity
Amount
$3,100,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand its initial U.S. FDA regulatory clearance for the management of bleeding wounds, including vascular access sites (Vascular gel-e) to a broader hemostatic product line for the treatment of external wounds and to establish cGMP manufacturing of active ingredient.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
387 Technology Dr.
College Park, MD 20742
USA
College Park, MD 20742
USA
Phone
Website
Email Address
Overview
gel-e has the potential to be a disruptive innovation in the manangement of human bleeding. But don't take our word for it, watch the video to your right, where gel-e is featured as a Top Innovator in Stephen Hawking's BBC series.
Management Team
Title
Name
Email & Social
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