Vestagen Protective Technologies, Inc., an Orlando, FL-based developr and marketer of healthcare uniforms, lab coats and patient garments, closed a $9.5m financing.
Backers included existing investors Advent Life Sciences and HealthQuest Capital, and new investors Greenline Ventures, Northwell Ventures and Mercy Health of Cincinnati.
The company intends to use the funds to generate additional clinical evidence of its ability to protect healthcare workers and patients from the risks of unanticipated exposures to body fluids, to obtain regulatory review of the protective properties of VESTEX fabric and to expand its commercialization activities.
Led by Bill Bold, Chief Executive Officer, develops advanced performance textile products and technologies including VESTEX®, which represents a new class of Active Barrier protective fabrics combining antimicrobial, liquid repellent and breathability properties. VESTEX fabric is designed to protect the uniforms and apparel healthcare workers and their patients wear.