Fundz

Ireland’s Bluedrop Medical Raises €10.5 Million Investment Creating 25 New Jobs This Year

PRIVATEMar 31, 2023

Amount Raised

€10.5 Million

Round Type

Venture

GalwayHealth Care

Investors

Irrus Investments SyndicatesHban’s Med TechAscentifiWestern Development CommissionFurthr VcEuropean Innovation CouncilElkstoneAtlantic Bridge

Description

Galway-based med-tech Bluedrop Medical has raised €10.5 million in an oversubscribed funding round and says it will create 25 new jobs this year

Quick answer

Bluedrop Medical raised €10.5 Million in a funding round, dated March 31, 2023. Investors: Irrus Investments Syndicates, Hban’s Med Tech, Ascentifi, Western Development Commission, Furthr Vc, European Innovation Council, Elkstone and Atlantic Bridge. Bluedrop Medical is based in Galway, Galway, Ireland.

How much did Bluedrop Medical raise?
Bluedrop Medical raised €10.5 Million in a funding round on March 31, 2023.
Who invested in Bluedrop Medical?
Irrus Investments Syndicates, Hban’s Med Tech, Ascentifi, Western Development Commission, Furthr Vc, European Innovation Council, Elkstone and Atlantic Bridge are named as investors in this round.
What does Bluedrop Medical do?
Bluedrop Medical have developed a patented system to reduce the burden of diabetic foot ulcers.
Where is Bluedrop Medical based and how big is it?
Bluedrop Medical is based in Galway, Galway, Ireland. Fundz records about 24 employees.
Who are the decision-makers at Bluedrop Medical?
Fundz holds 1 contact at Bluedrop Medical. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Health Care around the same time

Companies in the same sectors as Bluedrop Medical that raised within 45 days of this round, from Fundz verified event records.

  • Venus Concept Inc. raised $2M (Seed) on May 15, 2023.
  • Kythera Labs raised $12M on May 15, 2023.
  • Cascade Health raised an undisclosed amount (Funding Round) on May 15, 2023.
  • U.S. Renal Care raised $328M (Funding Round) on May 15, 2023.
  • Ray Therapeutics raised $14M on May 15, 2023.
  • EarKart raised an undisclosed amount (Funding Round) on May 12, 2023.

Who to call at Bluedrop Medical, and when

A new round usually means Bluedrop Medical is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Bluedrop Medical raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Bluedrop Medical, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Bluedrop Medical. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Bluedrop Medical

Location

Galway, Galway, Ireland

About

Bluedrop Medical have developed a patented system to reduce the burden of diabetic foot ulcers. There are currently almost half a billion diabetics worldwide and it has been estimated that up to 25% will develop a foot ulcer at some point in their life. Of the millions who develop ulcers worldwide every year, hundreds of thousands will require amputation due to infection. Bluedrop Medical are combining detection technology with the internet of things, to create a connected health system capable of identifying ulcers early, where they can be treated more effectively and cheaply.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Bluedrop Medical raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Predictive Intelligence
Strategic

ML-powered predictions for Bluedrop Medical's next move

See what Strategic adds

Bluedrop Medical raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.