Nanomedic Technologies Overview
Nanomedic Technologies is a biomedical therapeutics technology company specializing in the research, development, and distribution of its innovative EHF technology and SpinCare System platform for advanced wound treatment. Nanomedics electrospinning EHF technology biomimics the natural structure of human tissue and extracellular matrix (ECM), providing a temporary skin substitute that encourages quick and efficient tissue integration and regeneration to expedite recovery and minimize potential complications. The SpinCare System delivers multiple benefits due to its portability and its ability to slowly release therapeutic and healing enhancing additives into the patients wound in accordance with clinical needs. Nanomedic is a spin-off company and subsidiary of Nicast, which is developing implantable medical devices made of electrospun polymer nanofabrics. The SpinCare system is CE certified for marketing in Europe.
Cumulative Funding Raised Over Time ($)
$3.0MDec 2021
$3.8MFeb 2022
$3.8MFeb 2024
$6.0MJun 2020
$9.4MMar 2022
$12.8MMay 2019
Latest News
Israel-based medical device firm bases U.S. headquarters in Memphis, has big plans
N/A
Wound care must adapt - What's missing with today's approach and how technology will get us there
The article discusses the limitations of traditional wound dressings and the potential of electrospinning technology as a more effective alternative. Traditional dressings often require frequent replacement, causing further trauma to the patient and disrupting the recovery process. Electrospinning technology, which creates a nanofibrous synthetic skin-like matrix, has the potential to provide a fully personalized solution for wound dressing. Portable hand-held electrospinning systems can enhance treatment and healing processes, shorten recovery time, and improve mobility. These next-generation nanofibrous dressings allow the wound to heal while new skin is regenerated underneath. The article emphasizes the importance of adopting cutting-edge technologies to meet the needs of medical teams and improve the patient experience and quality of life.
Customers
growth-positive
'Spiderman' technology spins new artificial skin for patients
Nanomedic, a biotech company, has developed an artificial skin using 3D printing and nanofibers to treat burns, wounds, and scars. The electrospinning technology allows for the creation of a nanofiber matrix that is printed directly onto a patients wound, promoting tissue regeneration. The bandages are airtight and prevent infection while allowing patients to resume normal activities within 24-48 hours. Nanomedic is a spinoff of Nicast and is focused on commercializing its clinical research. The companys product, the Spincare System, is currently approved in Europe and is awaiting FDA approval. Nanomedic is targeting the $18 billion skin-substitute market and plans to expand globally. The company aims to be active in every country within two to three years.
CustomersPartnersInvestment
growth-positive
Nanomedic Taps Mark Darty for CEO Role, Opens U.S. Headquarters, As Company Accelerates Global Expansion
Nanomedic Technologies has announced a significant expansion of its global presence and nearing commercialization in the United States. The company has appointed Mark Darty as its new CEO and incorporated a subsidiary in the U.S. Nanomedics Chairman, Chen Katz, expressed confidence in Marks ability to lead the company forward. The companys previous CEO, Dr. Chen Barak, has been promoted to company President. Nanomedics handheld Spincare System, which enables on-the-spot management of wounds and burns, is set to be introduced to the U.S. market. The company has established its headquarters in Memphis, Tennessee, a growing hub for bioscience and medical innovation. Nanomedic aims to improve the delivery of wound care and accelerate the worldwide adoption of its Spincare System.
CustomersPartnersManagement Changes
growth-positive
Revolutionary spray-on skin is better than a bandage for wounds
Israeli startup Nanomedic is using electrospinning technology to revolutionize wound care. Their Spincare device charges up a proprietary polymer and sprays it directly on the wound, creating a protective second skin. The device eliminates the need for dressing changes and allows patients to shower after 24 to 48 hours. The matrix adheres completely to any wound and accelerates healing while reducing scarring. Nanomedic recently launched in Europe and is seeking FDA clearance to launch in the United States. The company is also conducting clinical trials and has announced a partnership with Rambam Health Care Campus in Israel.
Customers
| Sector | Health Tech & Life Sciences |
Funding
| Total funding | $13.01M |
| Last funding | Undisclosed |
| Stage | A |
| Rounds | 7 |
| Investors | 3 |
Team Members
3
Employees: 11-50
Web & Social Links
| Website | spincare.com |
| Careers | Careers page |
Locations
Yodfat Street 2, Lod, Israel
Memphis, TN, USA
Photos & Videos
5 item(s)
Nanomedic Technologies Business
Business models
B2B
Product stage
Released
Employees
11-50
Sector
Health Tech & Life SciencesMedical DevicesMedical Treatment & TherapeuticsTarget Customer
Healthcare & Life SciencesHealthcareProvidersCore Technology
Materials & SubstancesNanomaterialsTags (15)
medical-technologiesburnspolymershospitalsreal-timetissue-regenerationbiomaterialsmedical-devicesnanotechnologypersonalizationfabricsvasculardoctorspain-reliefclinicsGeographic Markets
North AmericaNanomedic Technologies Financials
$13.01M
Total funding
Undisclosed
Capital raised
Undisclosed
Last funding
A
Funding stage
7
Total rounds
3
Investors
Cumulative Funding Raised Over Time ($)
$3.0MDec 2021
$3.8MFeb 2022
$3.8MFeb 2024
$6.0MJun 2020
$9.4MMar 2022
$12.8MMay 2019
Private Equity Funding
SAFE
Feb 2024
Undisclosed
OurCrowd
Convertible Debt
Mar 2022
$3.5M
OurCrowd
Convertible Debt
Feb 2022
$750K
Infinity Medical
Convertible Debt
Dec 2021
$3M
A Round
Jun 2020
$2.2M
OurCrowd, Citrine Global
A Round
May 2019
$3.33M
OurCrowd
Non-Equity Funding
GrantEvent
Dec 2020
$230K
Nanomedic Technologies Lifecycle
Cumulative Funding Raised Over Time
$3.0MDec 2021
$3.8MFeb 2022
$3.8MFeb 2024
$6.0MJun 2020
$9.4MMar 2022
$12.8MMay 2019
All Events
SAFE
Feb 2024
Undisclosed
OurCrowd
Convertible Debt
Mar 2022
$3.5M
OurCrowd
Convertible Debt
Feb 2022
$750K
Infinity Medical
Convertible Debt
Dec 2021
$3M
A Round
Jun 2020
$2.2M
OurCrowd, Citrine Global
A Round
May 2019
$3.33M
OurCrowd
GrantEvent
Dec 2020
$230K
Nanomedic Technologies News
16 articlesIsrael-based medical device firm bases U.S. headquarters in Memphis, has big plans
N/A
Wound care must adapt - What's missing with today's approach and how technology will get us there
The article discusses the limitations of traditional wound dressings and the potential of electrospinning technology as a more effective alternative. Traditional dressings often require frequent replacement, causing further trauma to the patient and disrupting the recovery process. Electrospinning technology, which creates a nanofibrous synthetic skin-like matrix, has the potential to provide a fully personalized solution for wound dressing. Portable hand-held electrospinning systems can enhance treatment and healing processes, shorten recovery time, and improve mobility. These next-generation nanofibrous dressings allow the wound to heal while new skin is regenerated underneath. The article emphasizes the importance of adopting cutting-edge technologies to meet the needs of medical teams and improve the patient experience and quality of life.
Customers
growth-positive
'Spiderman' technology spins new artificial skin for patients
Nanomedic, a biotech company, has developed an artificial skin using 3D printing and nanofibers to treat burns, wounds, and scars. The electrospinning technology allows for the creation of a nanofiber matrix that is printed directly onto a patients wound, promoting tissue regeneration. The bandages are airtight and prevent infection while allowing patients to resume normal activities within 24-48 hours. Nanomedic is a spinoff of Nicast and is focused on commercializing its clinical research. The companys product, the Spincare System, is currently approved in Europe and is awaiting FDA approval. Nanomedic is targeting the $18 billion skin-substitute market and plans to expand globally. The company aims to be active in every country within two to three years.
CustomersPartnersInvestment
growth-positive
Nanomedic Taps Mark Darty for CEO Role, Opens U.S. Headquarters, As Company Accelerates Global Expansion
Nanomedic Technologies has announced a significant expansion of its global presence and nearing commercialization in the United States. The company has appointed Mark Darty as its new CEO and incorporated a subsidiary in the U.S. Nanomedics Chairman, Chen Katz, expressed confidence in Marks ability to lead the company forward. The companys previous CEO, Dr. Chen Barak, has been promoted to company President. Nanomedics handheld Spincare System, which enables on-the-spot management of wounds and burns, is set to be introduced to the U.S. market. The company has established its headquarters in Memphis, Tennessee, a growing hub for bioscience and medical innovation. Nanomedic aims to improve the delivery of wound care and accelerate the worldwide adoption of its Spincare System.
CustomersPartnersManagement Changes
growth-positive
Revolutionary spray-on skin is better than a bandage for wounds
Israeli startup Nanomedic is using electrospinning technology to revolutionize wound care. Their Spincare device charges up a proprietary polymer and sprays it directly on the wound, creating a protective second skin. The device eliminates the need for dressing changes and allows patients to shower after 24 to 48 hours. The matrix adheres completely to any wound and accelerates healing while reducing scarring. Nanomedic recently launched in Europe and is seeking FDA clearance to launch in the United States. The company is also conducting clinical trials and has announced a partnership with Rambam Health Care Campus in Israel.
Customers
growth-positive
New Medical Gun Produces Fake Skin to Treat Burns
Israel-based medical company Nanomedic Technologies has developed the Spincare system, a gun that produces a translucent layer of protective webbing to treat burns and wounds. The system uses electrospinning technology and can be easily carried to a patients bedside. It offers better mobility and comfort compared to traditional bandages and can provide additives like antibiotics, collagen, and cannabis.
Customers
growth-positive
Nanomedic Technologies Appoints John R. Harper, PhD, to Board of Directors
Nanomedic Technologies, a company specializing in Electrospun Healing Fiber (EHF) technology for wound healing and skin regeneration, has appointed John R. Harper, PhD, to its Board of Directors. Harper is a globally renowned expert in extracellular matrix biochemistry, regenerative medicine, and wound healing. He currently serves as a Senior Medical Scientist in the Medical Solutions Division of 3M Health Care. Nanomedics flagship product, the Spincare Wound Care System, is the first and only CE-cleared commercialized portable electrospinning wound treatment device on the market.
Management Changes
growth-positive
Citrine Global Corp. (OTCQB: TECR) Announces Strategic investment in Nanomedic, a Medical Nanotechnology Company with Breakthrough Technology for Wound Treatment
Citrine Global Corp., trading as TechCare Corp., has participated in an exclusive funding round for Nanomedic Technologies Ltd., an Israeli medical company. Citrine Global invested $450,000 in Nanomedics funding round of $2.2 million. Nanomedic has developed SpinCare™, a portable device that uses nanofiber skin to revolutionize wound care treatment. The product has gained approval for distribution in Europe and has started the FDA process. Citrine Globals participation in the funding round demonstrates confidence in Nanomedics innovative technology. Citrine Global aims to support growth-stage technology companies and focuses on the health and wellness sectors. The company operates in Israel and other regions through subsidiaries and local teams. The article was published on June 16, 2020.
Investment
growth-positive
Doctors 'Spray' Bandages onto Wounds
Scientists at Montana Technological University are developing a device that allows medical professionals to spray bandages with medication onto wounds. The device, called the electrostatic and air driven device (EStAD), uses a technology called electrospinning to create fibers that can be loaded with antibiotics or other medications. The fibers are biocompatible and release the antibiotics when they come into contact with a change in temperature. The researchers believe the device could be especially useful for doctors and first responders in rural areas. The global wound healing market is expected to reach $35 billion by 2025.
InvestmentExpand
growth-positive
Treatment of Wounds Has Not Changed Much Throughout History, Says Nanomedic CEO
Chen Barak, CEO of Nanomedic Technologies, spoke about advancements in the injury treatment industry at a conference. Nanomedic develops and manufactures on-the-spot electrospun medical products, such as a nano-spun artificial layer of skin, which aims to replace traditional bandages. The fake skin can be combined with various treatments and is applied without touching the damaged skin.
Customers
growth-positive
"SpinCare," a Breakthrough in the Wound Care Industry
Nanomedic Technologies, a subsidiary of Nicast, has developed a specialized gun called SpinCare that revolutionizes wound care. The gun shoots threads to form a shield on top of a wound, protecting it and allowing it to heal more effectively than traditional wound bandages and dressings. SpinCare eliminates the need for human contact, reducing the chance of infection, and only needs to be applied once. The gun uses one-time use capsules filled with the companys polymer materials to spray a web-like substance onto the wound. Nanomedic Technologies has already tested the technology on over 120 patients without any infections. The company sees potential applications in home health care and other markets like dermatology and plastic surgery.
Customers
growth-positive
This Startup Will Give You Thicker Skin - in Bandage Form
Israeli startup Nanomedic Technologies Ltd. has developed a nanospun artificial layer of skin that can be sprayed onto wounds and burns. The temporary and transparent skin layer remains in place until it peels off on its own once the patients skin tissue is regenerated. Nanomedics electrospinning device has received European approval and is currently in use in hospitals in Israel and Europe. The company, a subsidiary of Nicast Ltd., aims to revolutionize wound dressing with its innovative technology.
CustomersPartners
growth-positive
'Don't compromise, do what you love,' Nanomedic CEO tells female entrepreneurs
Israeli startup Nanomedic Technologies, led by CEO Chen Barak, has developed a portable medical device called SpinCare that can dress burns and wounds with nano materials. The device has been used on over 100 patients in clinical studies and is set to launch in the second half of the year. Barak, a 58-year-old mother of three, emphasizes the importance of support from family for female entrepreneurs. She also discusses the challenges of bringing a new system to market and the need for fundraising. Barak encourages young women entrepreneurs not to give up on their careers and to pursue what they love. She finds relaxation and therapy in her pottery hobby.
Customers
growth-positive
Second skin: Israeli medical device creates temporary nano-layer to treat wounds
Israeli startup Nanomedic Technologies has developed a medical device, SpinCare, that can dress burns and other wounds with nano materials that mimic human tissue. The device generates a temporary and transparent skin layer that can be applied without touching the wound, helping prevent infections. The layer allows doctors to monitor the wound as it heals, and does not require any further dressing. The device has been used on more than 100 patients in clinical studies in Israel and Europe. Nanomedic is currently raising money through the equity crowdfunding platform OurCrowd.
CustomersInvestment
growth-positive
Electrospinning Technology Treats Burns from Afar
Nanomedic Technologies has developed the SpinCare device, a portable wound care system that creates a protective nano-fibrous layer for burn victims wounds. The device applies the layer without touching the skin, allowing for tissue repair and healing. The nanofibers used in the layer mimic the natural extra cellular matrix, promoting efficient tissue integration. The technology can incorporate various additives for different stages of the healing process. The device eliminates the need for painful dressing changes and allows patients to resume regular activities. The article does not mention any specific partners, investors, or customers. The date of the event described in the article is not provided.
CustomersPartners
growth-positive
Groundbreaking Israeli Medical Device Treats Burns Without Ever Touching The Patient
Israeli nanotechnology company Nanomedic Technologies has developed a breakthrough medical device called the SpinCare, which creates a nano-fibrous layer for tissue repair and healing without any contact from the caregiver. The device is used in European and Israeli hospitals and is set for commercial market release later this year. The SpinCare device is a growth-positive innovation in the field of medical technology, specifically in wound care and burn treatment. The article discusses the impact of the device on burn victims, highlighting its ability to reduce pain and the risk of infection. The key theme of the article is the innovative approach of Nanomedic Technologies in developing a portable and effective solution for dressing burn wounds. The article does not mention any specific customers, investors, or acquisition/valuation amounts. The date of the event described in the article is not provided.
Customers
Nanomedic Technologies Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 14 |
| Team members | 6 |
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Nanomedic Technologies Internal
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Admin Info
| Confidence | 92/100 |
| Missing | markets, not claimed |
| BI Verification | Vered Waxman |
| Registrar ID | 515928919 |
| Crunchbase | nanomedic-technologies |
| Phone | +97289153001 |
| Creator | Yotam Maman |
| Creator email | yotamm1988@gmail.com |
| Last updater | Yanina Wainscheinker |
| Updater email | yanina.wainscheinker@sncentral.org |
| Last update | 2024-08-26T00:00:00.000Z |
| Created | 2019-02-14T00:00:00.000Z |