SageTech Medical Equipment

Medical Devices & EquipmentSeedPaignton, UKsagetechmedical.com

Latest round

Seed

Last raised

Nov 2024

Total raised

$0.8M

Investors

2

About SageTech Medical Equipment

SageTech Medical Equipment Limited focuses on developing innovative technologies designed to capture and recycle waste anesthetic gases, contributing to sustainable practices in healthcare. Founded in 2015 in the UK, SageTech Medical specializes in the capture and recycling of volatile anesthetic agents.SageTech Medical develops and distributes technologies that target the recycling of waste volatile anesthetic agents, specifically sevoflurane, isoflurane, and desflurane. Their key products, the SID-Dock and SID-Can systems, are designed to integrate seamlessly with existing anesthetic machines and hospital gas scavenging systems, thus promoting a circular economy in healthcare. The SID-Dock is a Class 1 medical device, while the SID-Cans are reusable filters that enhance safety during surgeries, addressing the growing demand for environmentally responsible healthcare solutions in Europe and North America. Revenue is generated through direct sales and service agreements with healthcare institutions, focusing on long-term partnerships. SageTech Medical operates a B2B model offering subscription-based contracts that cover equipment installation, maintenance, and training. The revenue comes from the sales of their products and recurring service fees related to the recycling and reporting of captured anesthetic gases, centering around their flagship products, SID-Dock and SID-Can.

Who invested in SageTech Medical Equipment

2 investors across 1 round

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Funding rounds

  1. Seed

    Nov 20, 2024

    Amount

    $0.8M

    Investors

    Locked

Questions about SageTech Medical Equipment

Who invested in SageTech Medical Equipment?

SageTech Medical Equipment has 2 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 SageTech Medical Equipment raised?

SageTech Medical Equipment has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did SageTech Medical Equipment last raise money?

SageTech Medical Equipment's most recent round on record is a Seed, in Nov 2024.

What does SageTech Medical Equipment do?

SageTech Medical Equipment Limited focuses on developing innovative technologies designed to capture and recycle waste anesthetic gases, contributing to sustainable practices in healthcare.

Where is SageTech Medical Equipment headquartered?

SageTech Medical Equipment is headquartered in Paignton, UK.

Which VCs invest in companies like SageTech Medical Equipment?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back medical devices & equipment companies at SageTech Medical Equipment's stage. Their profiles are linked below.

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