About Ideal Medical Technologies
Ideal Medical Technologies is a company based in Asheville (United States) founded in 2013.. Ideal Medical Technologies offers products and services including FUSION System. Ideal Medical Technologies operates in a competitive market with competitors including Admetsys, TypeZero Technologies, Cellnovo, Pacific Diabetes Technologies and Animas, among others.
- Headquarter Asheville, United States
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Sectors
Healthcare
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$1.89 M (USD), Grant
Jun 01, 2022
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Investors
HHS
& 1 more
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Employee Count
Employee Count
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Products & Services of Ideal Medical Technologies
Ideal Medical Technologies offers a comprehensive portfolio of products and services, including FUSION System. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI-based system for automated glucose control in ICUs.
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Funding Insights of Ideal Medical Technologies
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $1.9M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2022 | Amount | Grant - Ideal Medical Technologies | Valuation |
investors |
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| Feb, 2022 | Amount | Debt – Conventional - Ideal Medical Technologies | Valuation |
investors |
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| Jun, 2020 | Amount | Debt – Conventional - Ideal Medical Technologies | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ideal Medical Technologies
Ideal Medical Technologies has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include HHS and NCBiotech. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Biotech startups are incubated and funded in North Carolina.
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Founded Year | Domain | Location | |
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Public health and human services are overseen by HHS.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ideal Medical Technologies
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ideal Medical Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ideal Medical Technologies Comparisons
Competitors of Ideal Medical Technologies
Ideal Medical Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Admetsys, TypeZero Technologies, Cellnovo, Pacific Diabetes Technologies and Animas, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of a closed-loop system for insulin and glucose delivery
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| domain | founded_year | HQ Location |
Device for continuous glucose monitoring with manually operated insulin delivery
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| domain | founded_year | HQ Location |
Offers online slot gaming with bonuses, promotions, and secure interface.
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| domain | founded_year | HQ Location |
Electronic diabetes management device for glucose sensing and hormone delivery
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| domain | founded_year | HQ Location |
Device for continuous glucose monitoring with manual insulin administration
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ideal Medical Technologies
Frequently Asked Questions about Ideal Medical Technologies
When was Ideal Medical Technologies founded?
Ideal Medical Technologies was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Ideal Medical Technologies located?
Ideal Medical Technologies is headquartered in Asheville, United States. It is registered at Asheville, North Carolina, United States.
What does Ideal Medical Technologies do?
Ideal Medical Technologies aims to develop an artificial intelligence based artificial pancreas for use in the ICU setting. The AI based artificial pancreas device will be a closed loop system that will require 30 minutes of daily nursing time to manage, with most of this time spent on glucose sensor (twice a day) calibration and daily replacement of the IV insulin and glucose used by the AI based system. The system uses software that adjusts the doses of IV insulinglucose infusing into the patients on an every 5-10 minute basis, mimicking the frequency of insulin adjustment used by the native pancreas, and the frequency of glucose output from the liver. In Feb 2015, the company received US patents (US 8,956,321 B2); In April 2016, the company received European patent rights- EP2197521.
Who are the top competitors of Ideal Medical Technologies?
Ideal Medical Technologies's top competitors include Admetsys, TypeZero Technologies and Pacific Diabetes Technologies.
What products or services does Ideal Medical Technologies offer?
Ideal Medical Technologies offers FUSION System.