Tech Company Financing Transactions

Capillary Biomedical Funding Round

Capillary Biomedical, operating out of Irvine, secured $2.9 million from Cove Fund, ACE Group and HBS Angels of NYC.

Transaction Overview

Announced On
Transaction Type
Venture Equity
Proceeds Purpose
The use of funds will include clinical studies to support an initial 510(k) filing and preparation for market launch in 2019.

Company Information

Company Status
Private & Independent
Medical Devices & Instruments
Mailing Address
8 Faraday B
Irvine, CA 92618
Email Address
Capillary Biomedical is a medical device startup developing technologies for diabetes management. We aim to dramatically simplify insulin delivery, reducing the burden on both patients and the overall healthcare system. CapBio's kink-proof, super-soft cannula features multi-port delivery for reliable, and comfortable insulin delivery.
Capillary Biomedical LinkedIn Company Profile
Social Media
Capillary Biomedical Company Twitter Account
Company News
Capillary Biomedical News
Capillary Biomedical on Facebook
Capillary Biomedical on YouTube

Management Team

Email & Social
Chief Executive Officer
Paul Strasma
  Paul Strasma LinkedIn Profile  Paul Strasma Twitter Account  Paul Strasma News  Paul Strasma on Facebook
VP - Marketing
Mark Estes
  Mark Estes LinkedIn Profile  Mark Estes Twitter Account  Mark Estes News  Mark Estes on Facebook
VP - Operations
David Gillett
  David Gillett LinkedIn Profile  David Gillett Twitter Account  David Gillett News  David Gillett on Facebook
VP - Product Management
Kenneth Hsu
  Kenneth Hsu LinkedIn Profile  Kenneth Hsu Twitter Account  Kenneth Hsu News  Kenneth Hsu on Facebook



Browse more venture capital transactions:

Prev: 8/15/2018: Profusa venture capital transaction
Next: 8/15/2018: Concourse Global venture capital transaction


Share this article


About Database of VC Transactions

Our team works diligently to record tech company VC transactions. VC transactions reported here are sourced from a variety of public sources. The data comes to us via our partnership with, an affiliated venture.


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary