About Sky Medical Technology
Sky Medical Technology is a Healthcare company based in High Wycombe (United Kingdom) founded in 2006. Electro-stimulation devices are manufactured for deep vein thrombosis treatment. Sky Medical Technology has raised $48.77 million across 15 funding rounds from investors including Bionow. Sky Medical Technology was last valued at $152.3 million in February 2020. Sky Medical Technology offers products and services including geko TM Device and OnPulse TM Platform. Its focus areas include Life Sciences, Pain Management, Medical Devices and Therapeutic Devices. Its legal entity is SKY MEDICAL TECHNOLOGY LIMITED.
Company details
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.
- Headquarters High Wycombe, United Kingdom
- Stage Minicorn
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website skymedtech.com
- Social LinkedIn X YouTube
- Legal Name Sky Medical Technology Limited
- Date of Incorporation 22 Mar, 2006
- Jurisdiction DARESBURY, CHESHIRE
- Total Equity Funding$48.77M (USD)
in 15 rounds
- Latest Funding Round$181K (USD), Series C
Feb 2020
- Investors
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.
Wearable device that stimulates nerves to increase blood flow for treating medical conditions.
Platform for developing bioelectronic therapies to address acute and chronic issues.
Apps and channels of Sky Medical Technology
its YouTube channel firstkindltd has 468 subscribers and 30 videos.
Videos from Sky Medical Technology
The most watched videos on Sky Medical Technology's YouTube channel, firstkindltd (468 subscribers). Click a video to play it here.
More on firstkindltd.
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 $48.77M
- Total Rounds 15
- Last Round Series C — $181,000
- First Round $494,200
(Jun 2007)
- Investors Count 1
Latest 10 of 15 funding rounds of Sky Medical Technology with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2020 | $181,000 | Series C | $152.3M | – | – |
| Mar 2019 | $2.7M | Series C | $155.1M | – | – |
| Mar 2018 | $1.2M | Series C | $••••• | – | – |
| Mar 2017 | $11.7M | Series C | $••••• | – | – |
| Feb 2016 | $9.4M | Series B | $••••• | – | – |
| Dec 2015 | $4.51M | Series B | – | Bionow | – |
| Feb 2015 | $663,000 | Series B | $••••• | – | – |
| Jan 2014 | $8.6M | Series B | $••••• | – | – |
| Apr 2013 | $3.6M | Series A | $••••• | – | – |
| Jan 2012 | $1.9M | Seed | $••••• | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2020 | $152.3M | •••••••• |
| Mar 2019 | $155.1M | •••••••• |
| Mar 2018 | $••••• | •••••••• |
| Mar 2017 | $••••• | •••••••• |
| Feb 2016 | $••••• | •••••••• |
| Feb 2015 | $••••• | •••••••• |
| Jan 2014 | $••••• | •••••••• |
| Apr 2013 | $••••• | •••••••• |
Full valuation and stage history of Sky Medical Technology
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
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Verified entity values are shown only after access is granted.
Last known valuation $152.3M (Feb 2020). 1 investors in total: 1 institutional.
Investors in Sky Medical Technology
Sky Medical Technology has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Bionow.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Bionow is recognized as a not-for-profit organization supporting the life sciences sector. | bionow.co.uk | Manchester, United Kingdom |
Investor details for Sky Medical Technology
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Sky Medical Technology
4 dated milestones of Sky Medical Technology across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Sky Medical Technology is founded.
- Funding First funding round of $494K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series C, of $181K.
Web traffic of Sky Medical Technology
The website of Sky Medical Technology (skymedtech.com) receives about 1.2K visits a month.
- Monthly visits1.2K
▼ 51.1% vs previous month
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Related news about Sky Medical Technology
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. The company's 1st funding round was a Seed of $1.9M, raised on Jun 2007.
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 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.
Sky Medical Technology operates through Sky Medical Technology Limited.