Sky Medical Technology

High Wycombe, United Kingdom Founded: 2006 • Age: 20 yrs
Electro-stimulation devices are manufactured for deep vein thrombosis treatment.
Annual revenue - Latest available
Total funding $48.8M 15 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Healthcare
  • 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
Operational Areas
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies 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
    $48.77 M (USD)

    in 15 rounds

  • Latest Funding Round
    $181 K (USD), Series C

    Feb 26, 2020

  • Investors
  • Employee Count
    Not available
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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.

Product name locked
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Primary

Wearable device that stimulates nerves to increase blood flow for treating medical conditions.

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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.

Investors in Sky Medical Technology

Sky Medical Technology has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Bionow.

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Institutional
Investor Description Founded Year Domain Location
Bionow is recognized as a not-for-profit organization supporting the life sciences sector.
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Investor details for Sky Medical Technology

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Investments & Acquisitions by Sky Medical Technology

Investments
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Investment portfolio details for Sky Medical Technology

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Financial Statements - Sky Medical Technology

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Detailed financials for Sky Medical Technology

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Sky Medical Technology Comparisons

Sky Medical Technology Primary company
Description
Electro-stimulation devices are manufactured for deep vein t...
Location
High Wycombe, United Kingdom
Founded Year
2006
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Sky Medical Technology

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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.

Company Name Domain Founded year HQ Location Description
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Home therapy devices for lymphedema and venous ulcers are provided.
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Catheter-based therapy for chronic venous insufficiency is developed.
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Wearable technology for pain, nerve disease and sleep disorders
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Developer of medical device for the the treatment of venous diseases
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A non-invasive electroceutical device for chronic wound treatment is developed.
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Endorphin stimulation therapy for pain management is developed.
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Detailed competitors of Sky Medical Technology

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Latest news on Sky Medical Technology

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Complete news archive for Sky Medical Technology

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Frequently Asked Questions about Sky Medical Technology

Sky Medical Technology was founded in 2006 and raised its 1st funding round 1 year after it was founded.

Sky Medical Technology is headquartered in High Wycombe, United Kingdom. It is registered at High Wycombe, Buckinghamshire, United Kingdom.

Sky Medical Technology is a funded company, having raised a total of $48.77M across 15 funding rounds to date.

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.

Sky Medical Technology's top competitors include Tactile Medical, Intervene and enVVeno Medical.

Sky Medical Technology offers geko TM Device and OnPulse TM Platform.

Sky Medical Technology has 1 investor. Key investors include Bionow.

The valuation of Sky Medical Technology is $152.3M as of Feb 2020.

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