Home breadcru News breadcru Medical Textiles breadcru Vestagen Protective closes $10 million financing round

Vestagen Protective closes $10 million financing round

15 Apr '17
1 min read
Courtesy: Vestagen
Courtesy: Vestagen

Manufacturer of advanced performance textile products and technologies, Vestagen Protective Technologies has closed a planned $10 million financing round. The proceeds will be used for general corporate purposes and to support increased commercialisation activity for its Vestex Active Barrier fabric scrubs, lab coats and patient garments.

Existing investors Advent Life Sciences and HealthQuest Capital and new investor Northwell Ventures participated in the funding round.

According to the company, its uniforms are being supplied to healthcare institutions like New York-based Northwell Heath and Jacksonville, Florida based Baptist Health System, etc, while its Vestex Active Barrier apparel is exclusively endorsed by the American Hospital Association. (AR)

ALCHEMPro News Desk – India

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