Retractable Technologies, Inc. To Receive Additional Funding From U.S. Government Under Technology Investment Agreement
Round Type
Venture
United StatesManufacturingBiotechnologyHealth CareMedicalMedical DeviceDescription
Retractable Technologies Inc. (NYSE American: RVP) announced today that it has entered into an amendment to the Technology Investment Agreement (originally awarded on July 1, 2020) with the U.S. government providing $27,365,232 in additional funding. The amendment calls for an increase in existing domestic manufacturing capabilities by a minimum of 50 percent in order to meet ongoing and future U.S
Quick answer
Retractable Technologies raised an undisclosed amount in a funding round, dated May 25, 2021. Retractable Technologies is based in United States.
- How much did Retractable Technologies raise?
- Retractable Technologies raised an undisclosed amount in a funding round on May 25, 2021.
- What does Retractable Technologies do?
- Retractable Technologies, Inc. is a Texas-based company primarily engaged in the medical device industry, specializing in the design and manufacturing of safety syringes and other related healthcare products.
- Where is Retractable Technologies based and how big is it?
- Retractable Technologies is based in United States.
- Who are the decision-makers at Retractable Technologies?
- Fundz holds 2 contacts at Retractable Technologies, including the Regulatory Affairs Specialist. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Medical and Medical Device around the same time
Companies in the same sectors as Retractable Technologies that raised within 45 days of this round, from Fundz verified event records.
- Neochord raised $2.8M (Seed) on May 10, 2021.
- SynerFuse, Inc. raised $3.6M (Seed) on April 20, 2021.
- Julier Medical raised an undisclosed amount on June 30, 2021.
- Biorez, Inc. raised $3.9M (Seed) on June 25, 2021.
- Harvard Apparatus Regenerative Technology raised $600K on June 23, 2021.
- Ark Surgical raised $2.1M (Seed) on June 1, 2021.
Who to call at Retractable Technologies, and when
A new round usually means Retractable Technologies is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Retractable Technologies raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Retractable Technologies, from your own LinkedIn network
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