Durham medtech startup 410 Medical raises more than $3M from 25 investors
DURHAM – 410 Medical, the Durham-based startup that recently launched sales of its “blood and infuser” technology, is getting an influx of cash from investors.
According to an SEC filing, 25 backers have provided 410 Medical with more than $3 million. The company aims to raise $5 million.
The cash is in the form of debt, the filing notes.
In 2019 the company raised $7 million in equity.
410 Medical kicked off sales in the United States of its LifeFlow PLUS Blood and Fluid Infuser, following its U.S. Food and Drug Administration clearance in 2020.
The LifeFlow product line delivers fluids to critical patients in a quick and controlled fashion.