Irish medtech Bluedrop secures €10.5m in investment

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Financing is to be used to complete clinical trials and initiate product commercialisation

Galway-based medtech company Bluedrop has raised €10.5 million in funding with the company planning to create 25 new jobs on the back of the investment.

The financing is to be used to complete clinical trials and initiate product commercialisation. Additionally, it will enable Bluedrop Medical to expand its production capacity, alongside its product development and commercial teams. Founded by Chris Murphy and Simon Kiersey in 2015 to reduce the rate of preventable amputations for people ...

 

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