PenMed

Truro, United Kingdom Founded: 2018 • Age: 8 yrs
Developer of critical care devices to improve the safety and outcomes of patients in intensive care units
Annual revenue - Latest available
Total funding $249,854 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

About PenMed

PenMed is a company based in Truro (United Kingdom) founded in 2018 by Simon Cooke and Seb Brown. PenMed has raised $249.85 thousand across 1 funding round from investors including Cornwall & Isles of Scilly Investment Fund. PenMed offers products and services including P3. PenMed operates in a competitive market with competitors including Noccarc, OneBreath, Inbentus, Dipneo and Flight Medical, among others.

  • Headquarter Truro, United Kingdom
  • Founders Simon Cooke, Seb Brown
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Peninsula Medical Technologies Ltd
Operational Areas
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $249.85 K (USD)

    in 1 rounds

  • Latest Funding Round
    $249.85 K (USD), Seed

    Apr 29, 2024

  • Investors
  • Employee Count
    Not available
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Products & Services of PenMed

PenMed offers a comprehensive portfolio of products and services, including P3.

Product name locked
Category locked
Primary

Modular device for improving efficiency and safety in critical care.

Funding Insights of PenMed

PenMed has successfully raised a total of $249.85K through 1 strategic funding round. The most recent funding activity was a Seed round of $249.85 thousand completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in PenMed

PenMed has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Cornwall & Isles of Scilly Investment Fund.

All
Venture Fund
Investor Description Founded Year Domain Location
Funding is provided to SMEs in Cornwall and Isles of Scilly.
Locked Locked Locked
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Investor details for PenMed

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Investments & Acquisitions by PenMed

Investments
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Investment portfolio details for PenMed

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Financial Statements - PenMed

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Detailed financials for PenMed

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Penmed Comparisons

PenMed Primary company
Description
Developer of critical care devices to improve the safety and...
Location
Truro, United Kingdom
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for PenMed

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Competitors of PenMed

PenMed 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 Noccarc, OneBreath, Inbentus, Dipneo and Flight Medical, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Smart ventilators for respiratory care in ICUs are developed.
Locked Locked Locked
Portable mechanical ventilators for intensive care patients are developed.
Locked Locked Locked
Hospital medical equipment is developed for ICU applications.
Locked Locked Locked
Automatic resuscitation devices are developed for out-of-hospital cardiac arrests.
Locked Locked Locked
Portable life-supporting respiratory ventilators are manufactured for various care settings.
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Detailed competitors of PenMed

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Latest news on Penmed

Medtech business receives equity investment
Insidermedia2 years ago
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Complete news archive for PenMed

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Frequently Asked Questions about PenMed

PenMed was founded in 2018 and raised its 1st funding round 6 years after it was founded.

PenMed is headquartered in Truro, United Kingdom. It is registered at Truro, Cornwall, United Kingdom.

PenMed is a funded company, having raised a total of $249.85K across 1 funding round to date.

PenMed was founded in 2018 in Truro, United Kingdom, within the medical technology sector. Critical care devices are developed by the company to support patient safety and outcomes in intensive care units. Operations focus on state-of-the-art technologies for the P3, a modular anaesthesia and ventilator system designed for efficiency in high-risk environments. The company is led by co-founders Simon Cooke and Seb Brown.

PenMed's top competitors include Noccarc, OneBreath and Inbentus.

PenMed offers P3.

PenMed has 1 investor. Key investors include Cornwall & Isles of Scilly Investment Fund.

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