Tech Company Financing Transactions
ALung Technologies Funding Round
Private investors participated in a $2.5 million funding round for ALung Technologies. This venture round was announced by the company on 10/6/2009.
Transaction Overview
Company Name
Announced On
10/6/2009
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The investment will allow the company to fund its Indian and German clinical trials as well as support working capital needs.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
2500 Jane St. 1
Pittsburgh, PA 15203
USA
Pittsburgh, PA 15203
USA
Phone
Website
Email Address
Not Recorded
Overview
ALung provides Respiratory Dialysis with the Hemolung RAS, a simple, minimally invasive extracorporeal carbon dioxide removal (ECCO2R) system.
Management Team
Title
Name
Email & Social
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