Gasgon Medical reportedly hopes to raise more than $4.3 million (€4 million) to support its technology for fast, accurate IV delivery.
The Cork, Ireland-based medtech startup already has commitments from returning lead investors, according to The Business Post. Founded in 2018, Gasgon develops a medical device that assists healthcare providers in IV (intravenous) administration delivery.
The company designed its AirVault device to capture air bubbles during IV delivery. The novel, closed-system air trap safely and proactively removes air in IV lines. This helps clinicians and patients avoid alarms, maintenance and delays in care.
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