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
Company Name
Announced On
8/15/2018
Transaction Type
Venture Equity
Amount
$2,900,000
Round
Seed
Investors
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
Industry
Medical Devices & Instruments
Mailing Address
8 Faraday B
Irvine, CA 92618
USA
Irvine, CA 92618
USA
Phone
Website
Email Address
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Paul Strasma
VP - Marketing
Mark Estes
VP - Operations
David Gillett
VP - Product Management
Kenneth Hsu
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