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Windgap Medical, Inc. Closes Over $39 Million Of Series B-1 Investment, More Than Twenty Percent Over Its Initial Goal

PRIVATEJan 20, 2022over 4 years ago

Amount Raised

$39 Million

Round Type

Series B

WatertownHealthcareHealth CareGovernment And Military

Description

Windgap Medical, Inc., a leading specialty pharmaceutical and drug delivery platform company, announced today that it has successfully completed its final close with over $39 million of Series B-1 equity financing, led by Taiwania Capital. This equity round of investment expanded beyond an initial target of approximately $32 million due to strong investor interest. This equity financing is also supported by existing investors, including Shepherd Kaplan Krochuk (SKK) and Molex Ventures (a Koch Industries company), along with new investors including Cobro Ventures, and others.

Company Information

Company

Windgap Medical

Location

200 Dexter Avenue

Watertown, Massachusetts, United States

About

Windgap Medical offers autoinjector platforms for complex injectables, freeing patients, families and potential treatments from the limitations of current technology. Its first product is for the administration of adrenaline for anaphylaxis, with additional products under development.

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Funding Insights

Based on industry data
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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

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