Tech Company Financing Transactions
Velentium Medical Funding Round
Velentium Medical, operating out of Richmond, scored funding from 1315 Capital and private investors.
Transaction Overview
Company Name
Announced On
9/23/2026
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
1315 Capital (Lead Investor) (Michael Koby)
Proceeds Purpose
The investment will support Velentium Medical's continued expansion of commercial manufacturing operations, enhancement of its product development and regulatory capabilities, investment in automation and infrastructure, and pursuit of strategic growth opportunities across the medical device market.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
7535 W Grand Parkway South
Richmond, TX 77407
USA
Richmond, TX 77407
USA
Phone
Undisclosed
Website
Email Address
Overview
At Velentium Medical, everything we do is aligned to our four principles - our passion and our three values. We innovate alongside you to bring your medical device through design, development, and into manufacturing. Every Velentonian is passionate to join with you to Change Lives for a Better World.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Dan Purvis
Chief Executive Officer
Matt Hanks
Chief Financial Officer
Travis Bird
Chief Operating Officer
Tim Carroll
Chief Technical Officer
Randy Armstrong
VP - Bus. Development
Chester Burress
VP - Customer Service
Nate Porter
VP - Engineering
Terry Daglow
VP - Engineering
Satyajit Ketkar
VP - Human Resources
Lisa Gee
VP - Manufacturing
Egui Cruz
VP - Manufacturing
Randy Gibbs
VP - R & D
Mark Harris
VP - Regulatory Affairs
JoAnn Burnside
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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