Chestnut Medical Technologies
Latest round
- Series C
Last raised
- Feb 2008
Total raised
- $8.5M
Investors
- 4
About Chestnut Medical Technologies
Chestnut Medical Technologies develops high-quality metal shooting targets for various users. The company is headquartered in Menlo Park, US. In June 2009, ev3 Inc acquired Chestnut Medical Technologies for USD 75 mn.The company’s core offerings include metal shooting targets made from AR500 steel, designed for both recreational shooting enthusiasts and professional users, such as law enforcement and military personnel. These targets are engineered for durability and safety, featuring designs that minimize bullet splatter while providing effective feedback for shooters.Chestnut Medical Technologies generates revenue through direct sales of its shooting targets and related accessories, focusing on a direct-to-consumer transactional structure. Clients purchase products individually or in bulk for training purposes, ensuring a variety of target designs that accommodate different skill levels and shooting scenarios.The company anticipates launching new products aimed at enhancing the shooting experience, although specific release dates are not detailed. Chestnut Medical Technologies is exploring expansion into additional geographic markets beyond North America and Europe, with specific regions yet to be disclosed. The funds from the recent acquisition will likely support these initiatives, including product development and market entry strategies.
Who invested in Chestnut Medical Technologies
4 investors across 1 round
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Funding rounds
Series C
Feb 19, 2008
Amount
$8.5M
Investors
Questions about Chestnut Medical Technologies
Who invested in Chestnut Medical Technologies?
Chestnut Medical Technologies has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Chestnut Medical Technologies raised?
Chestnut Medical Technologies has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Chestnut Medical Technologies last raise money?
Chestnut Medical Technologies's most recent round on record is a Series C, in Feb 2008.
What does Chestnut Medical Technologies do?
Chestnut Medical Technologies develops high-quality metal shooting targets for various users.
Where is Chestnut Medical Technologies headquartered?
Chestnut Medical Technologies is headquartered in Menlo Park, US.
Which VCs invest in companies like Chestnut Medical Technologies?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back biotechnology companies at Chestnut Medical Technologies's stage. Their profiles are linked below.
VCs backing biotechnology startups at Series C
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