Friday, September 29, 2023
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home World Regional News Europe

Ireland’s Luminate Medical receives $5 Million

Femi Thomas by Femi Thomas
06/29/2022
in Europe
0 0
0
Luminate Medical Ireland

Luminate Medical Ireland

0
SHARES
Share on FacebookShare on Twitter

Irish medical device company Luminate Medical has raised over $5 million in grant financing and a seed round investment to develop medical devices to eliminate the side effects of cancer treatment such as chemotherapy-induced hair loss.

The company is currently developing its flagship product, Lily, a portable head-covering device that prevents the delivery of chemotherapy drugs to the hair follicles in a comfortable and repeatable way.

While the current devices to prevent hair loss use scalp cooling therapy, which requires patients to remain in the clinic for hours after treatment under extremely cold temperatures, the Lily enables patients to purchase and access hair loss treatment directly and will eliminate the requirement for patients to remain in the clinic after chemotherapy treatment.

The funding, which saw the participation of Elkstone Capital, SciFounders, and Lisbon-based Faber, will be used to complete patient clinical trials of Lily in Europe and the U.S. in 2022 and 2023, alongside expanding its R&D team. 

Clinical trial sites for the product include the company’s home in Galway. Based on this clinical data, the company will engage with the FDA for product clearance in 2023.

 

Read more on Tech Gist Africa:

Berlin-based ground transportation platform Omio raises $80 million

German startup TradeLink nets €12 million

Spanish startup Sales Layer raises $25 million

ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Femi Thomas

Femi Thomas

Related Posts

Cleafy Italy
Europe

Italy-based Cleafy raises €10M

by Femi Thomas
09/19/2023
1

Cleafy, a Milanese technology company specializing in proactive fraud prevention for digital banking, has secured €10 million in funding. Cleafy...

Read more
VOOL Estonia

Estonia-based VOOL bags €1.3M

09/19/2023
Thirona Netherlands

Dutch AI-powered medtech Thirona raises €7.5M

09/19/2023
Microplate Dx UK

UK’s Microplate Dx raises £2.5M

09/19/2023
Caeli Energie France

France-based Caeli Energie secures €10M

09/19/2023
Next Post
Ignite Procurement Norway

Norway’s Ignite Procurement raise $7.1 million

Swave Belgium

Belgian HXR platform Swave picks up €7 Million

Stoïk France

Stoïk brings in €11 Million

No Result
View All Result

The Big 5

Healthcare Education

The Role of Tech in Improving Healthcare and Education in Africa

by Tech Gist Africa
09/25/2023
1

...

africa business heroes 2023

Africa’s Business Heroes has announced the top 10 finalists for the year 2023

by Tech Gist Africa
09/19/2023
2

...

MEST Africa

The MEST Africa Challenge 2023 is now accepting applications

by Tech Gist Africa
09/04/2023
0

...

IFC She Wins Africa

IFC’s “She Wins Africa” program is currently accepting applications from African women Entrepreneurs

by Tech Gist Africa
09/07/2023
1

...

Google for Startups Accelerator Africa

Google has opened applications for its AI-focused accelerator program in Africa

by Tech Gist Africa
09/04/2023
1

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.