Tech Company Financing Transactions
Allergy Amulet Funding Round
Allergy Amulet secured a $1.1 million Seed funding round on 10/10/2016. Investors included Colle Capital, Foley Ventures and Gopher Angels.
Transaction Overview
Company Name
Announced On
10/10/2016
Transaction Type
Venture Equity
Amount
$1,100,000
Round
Seed
Investors
Proceeds Purpose
The company will use some of the money to finish building its latest prototypes and then test them on five separate focus groups, she says.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
21 Drydock Ave. 6th Floor
Boston, MA 05068
USA
Boston, MA 05068
USA
Phone
Undisclosed
Website
Email Address
Overview
Introducing the Allergy Amulet: a rapid, portable, food allergen detection device. Restaurants are responsible for over half of all food allergy fatalities. This is a statistic we are trying to change. Users insert the disposable test strip into their food and within seconds the reader alerts users to the presence or absence of target allergens.
Management Team
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