About Sky Medical Technology
Sky Medical Technology is a company based in High Wycombe (United Kingdom) founded in 2006.. Sky Medical Technology has raised $48.77 million across 15 funding rounds from investors including Bionow. Sky Medical Technology offers products and services including geko TM Device and OnPulse TM Platform. Sky Medical Technology operates in a competitive market with competitors including Tactile Medical, Intervene, NeuroMetrix, enVVeno Medical and Piomic, among others.
- Headquarter High Wycombe, United Kingdom
- Stage Minicorn
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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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- Legal Name Sky Medical Technology Limited
- Date of Incorporation 22 Mar, 2006
- Jurisdiction DARESBURY, CHESHIRE
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$48.77 M (USD)
in 15 rounds
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Latest Funding Round
$181 K (USD), Series C
Feb 26, 2020
- Investors
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Employee Count
Employee Count
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Products & Services of Sky Medical Technology
Sky Medical Technology offers a comprehensive portfolio of products and services, including geko TM Device and OnPulse TM Platform. 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.
Wearable device that stimulates nerves to increase blood flow for treating medical conditions.
Platform for developing bioelectronic therapies to address acute and chronic issues.
Funding Insights of Sky Medical Technology
Sky Medical Technology has successfully raised a total of $48.77M across 15 strategic funding rounds. The most recent funding activity was a Series C round of $181 thousand completed in February 2020. 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.
- Total Funding Total Funding
- Total Rounds 15
- Last Round Series C — $181,000
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First Round
First Round
(15 Jun 2007)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2020 | Amount | Series C - Sky Medical Technology | Valuation |
investors |
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| Mar, 2019 | Amount | Series C - Sky Medical Technology | Valuation |
investors |
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| Mar, 2018 | Amount | Series C - Sky Medical Technology | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Sky Medical Technology
Sky Medical Technology has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Bionow. 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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Bionow is recognized as a not-for-profit organization supporting the life sciences sector.
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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 Sky Medical Technology
| 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 - Sky Medical Technology
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Sky Medical Technology Comparisons
Competitors of Sky Medical Technology
Sky Medical Technology 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 Tactile Medical, Intervene, NeuroMetrix, enVVeno Medical and Piomic, 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 |
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| domain | founded_year | HQ Location |
Home therapy devices for lymphedema and venous ulcers are provided.
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| domain | founded_year | HQ Location |
Catheter-based therapy for chronic venous insufficiency is developed.
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| domain | founded_year | HQ Location |
Wearable technology for pain, nerve disease and sleep disorders
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| domain | founded_year | HQ Location |
Developer of medical device for the the treatment of venous diseases
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| domain | founded_year | HQ Location |
A non-invasive electroceutical device for chronic wound treatment is developed.
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| domain | founded_year | HQ Location |
Endorphin stimulation therapy for pain management is developed.
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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 Sky Medical Technology
Frequently Asked Questions about Sky Medical Technology
When was Sky Medical Technology founded?
Sky Medical Technology was founded in 2006 and raised its 1st funding round 1 year after it was founded.
Where is Sky Medical Technology located?
Sky Medical Technology is headquartered in High Wycombe, United Kingdom. It is registered at High Wycombe, Buckinghamshire, United Kingdom.
Is Sky Medical Technology a funded company?
Sky Medical Technology is a funded company, having raised a total of $48.77M across 15 funding rounds to date. The company's 1st funding round was a Series C of $1.2M, raised on Jun 15, 2007.
What does Sky Medical Technology do?
Sky Medical Technology Limited does business as Firstkind Limited, and manufactures and distributes electro-simulation devices for the treatment of Deep vein thrombosis and other circulatory disorders. The company develops a self-adhesive strip, called Geko, that sits behind the knee and stimulates muscles in the calf and foot. Small electrical impulses gently stimulate the common peroneal nerve which in turn activates the muscle pumps of the lower leg that return blood towards the heart. In this way, neuromuscular stimulation in the lower limb emulates the process normally achieved by walking (up to 60) but without the patient having to move or exert energy and without discomfort.
Who are the top competitors of Sky Medical Technology?
Sky Medical Technology's top competitors include Tactile Medical, Intervene and enVVeno Medical.
What products or services does Sky Medical Technology offer?
Sky Medical Technology offers geko TM Device and OnPulse TM Platform.
Who are Sky Medical Technology's investors?
Sky Medical Technology has 1 investor. Key investors include Bionow.
What is Sky Medical Technology's valuation?
The valuation of Sky Medical Technology is $152.3M as of Feb 2020.