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December 28, 2023
FeelTect Closes Investment for Tight Alright Wound Treatment Technology
December 28, 2023—FeelTect, an Ireland-based wound care company, recently announced the closing of a €1.5 million investment from strategic Irish and international investors. The company is developing products for safe, effective, and consistent application of compression therapy in the treatment of venous leg ulcers.
FeelTect’s flagship product, Tight Alright, is a connected-health technology for measuring and remotely monitoring sub-bandage pressure during compression therapy. The Tight Alright technology is composed of a wearable device, with multiple pressure sensors, that wirelessly connects with a digital platform.
According to the company, the funding will create additional clinical collaborations, expand strategic partnerships, and advance commercialization of the company's wound treatment monitoring technology. The funding also enables the company to see a significant expansion of its team, with additional hires including roles in R&D, manufacturing, project management, clinical affairs, and commercial development.
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