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Vitatek Launches Series A Funding Round To Disrupt Medical Device Industry

Oct 22, 2023about 2 years ago

Round Type

series a

WoodburyMedical DeviceMedicalBiotechnologyHealth CareManufacturing

Investors

Vita Tek

Description

VitaTek, the only vertically integrated medical device incubator, accelerator, and manufacturer, is thrilled to announce the launch of a Series A Funding round with the goal to raise $50 million. Investors are invited to purchase up to 1,000 shares in VitaTek at a minimum investment of $100,000 for two shares.

Company Information

Company

VitaTek

Location

Woodbury, Iowa, United States

About

VitaTek is the largest private medical device manufacturer in the State of Minnesota. We are the only company in the USA that provides all the following in-house medical device development services: Research Design Development, Rapid Prototyping, FDA Regulatory, User Testing, Die Mold and Tooling, Contract Manufacturing, Procurement, Receiving and Inspection, Device Assembly, Sterile Barrier Packaging, EO Sterilization, Sterilization Coordination, Warehousing, Fulfillment, Medical Device Sales, and Marketing.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers