Mexico-based startup MEDU has closed a $4M seed round led by MaC Venture Capital.
Halcyon Fund and a group of angel investors, including Ryan Shea, also participated in the round.
The startup built a line of sustainable and virus-resistant reusable pieces for hospitals. They created surgical gowns, head coverings, and full-body suits.
These are meant to provide a sustainable and reusable alternative to single-wear medical garments.
By the end of this year, MEDU aims to replace more than 20 million single-use PPE gowns.
The company’s revenue is growing 6X a month and has, since January, distributed approximately 7,000 equipment pieces. This is equivalent to 3 million disposable gowns.
MEDU will use the new funding to continue expanding into the U.S. and to continue developing the full-body suit.
According to Chayo, the company will partner with 15 hospitals in the U.S. by the end of the year.
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