# DeCell Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/decell-technologies

- Industry: Medical Devices & Equipment
- Headquarters: Halifax, Canada
- Website: www.decelltechnologies.com
- Total disclosed funding: $0.3M
- Latest round: Seed (Nov 13, 2013)
- Investors on record: 1

## About

DeCell Technologies Inc. develops advanced wound care solutions, notably its flagship product, DermGEN™, which promotes effective healing for difficult-to-treat wounds by utilizing a patented human dermal matrix.DeCell Technologies Inc. focuses on developing innovative wound care products. The company is headquartered in Halifax, Canada. Under the leadership of CEO Sean Margueratt, DeCell has attracted investment, receiving USD 250,000 during its SEED funding round from Invest Nova Scotia on March 23, 2015. DeCell has completed a total of 2 deals to date.DeCell Technologies specializes in advanced wound care solutions, primarily through its flagship product, DermGEN™, a patented human dermal matrix designed for the treatment of difficult-to-heal wounds. DermGEN™ ensures the highest level of donor cell removal, minimizing the risk of foreign immune responses and facilitating tissue acceptance and healing. The product maintains the natural composition and structure of tissue, stimulating regenerative cell responses essential for wound recovery. It is pre-hydrated and ready to use, allowing for easy application without the need for sutures or staples. DeCell Technologies markets its products to healthcare providers, including hospitals and clinics, targeting regions in North America, Europe, and Asia, where there is a significant demand for effective wound care solutions.DeCell Technologies generates revenue primarily through the direct sales of its DermGEN™ product to healthcare institutions. The company operates on a transactional model where healthcare providers place orders for DermGEN™ units based on their patient needs and specific cases of difficult-to-heal wounds. Each application of DermGEN™ is designed for a single use in patient care, promoting repeat purchases as healthcare facilities restock their supplies. The pricing structure reflects the advanced technology and clinical efficacy associated with DermGEN™, positioning it as a premium offering in the wound care market. DeCell Technologies focuses on building strong relationships with hospitals and outpatient clinics, ensuring that their innovative solutions reach healthcare professionals who can effectively implement them in clinical settings.DeCell Technologies aims to expand its product line, focusing on upcoming innovations in wound care solutions. The company is targeting growth in North America and Europe, planning to launch new products by the end of 2024. The recent SEED funding of USD 250,000 will support these initiatives, enhancing research and development capabilities. Additionally, DeCell was acquired by AirSage in March 2015, indicating a strategic shift in operations that may bolster its market presence.

## Funding rounds

- Seed, Nov 13, 2013, $0.3M — Invest Nova Scotia

## Investors

- Invest Nova Scotia — Seed