Series A · Healthtech
Archeon Medical closes EUR5.5m Series A for ventilation technology
Karot Capital and Majycc eSanté Invest lead the 2022 financing to expand products and international access.
Archeon Medical announced a EUR5.5m Series A on 16 March 2022, led by Karot Capital and Majycc eSanté Invest, with support from the European Regional Development Fund and Bpifrance.
The financing would support entry into new markets, including North America, expand its medical ventilation range and add research and marketing staff. At the time, the company was developing PulmonAIR, an automated emergency ventilator, alongside its EOlife ventilation feedback device.
Use of funds
North American market expansion
Medical ventilation product development
R&D and marketing hiring
Funding history
Series A · This round€5.5M