Bluedrop Medical have developed a patented system to reduce the burden of diabetic foot ulcers.
There are currently almost half a billion diabetics worldwide and it has been estimated that up to 25% will develop a foot ulcer at some point in their life. Of the millions who develop ulcers worldwide every year, hundreds of thousands will require amputation due to infection.
Bluedrop Medical are combining detection technology with the internet of things, to create a connected health system capable of identifying ulcers early, where they can be treated more effectively and cheaply.
There are currently almost half a billion diabetics worldwide and it has been estimated that up to 25% will develop a foot ulcer at some point in their life. Of the millions who develop ulcers worldwide every year, hundreds of thousands will require amputation due to infection.
Bluedrop Medical are combining detection technology with the internet of things, to create a connected health system capable of identifying ulcers early, where they can be treated more effectively and cheaply.
Location: Ireland, Galway City
Employees: 1-10
Total raised: $14.17M
Investors 2
| Date | Name | Website |
| 23.07.2023 | Irrus Inve... | irrusinves... |
| - | Halo Busin... | hban.org |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 31.03.2023 | - | $11.41M | European I... |
| 19.09.2019 | - | $2.76M | - |
Mentions in press and media 11
| Date | Title | Description |
| 19.05.2023 | There is a pot of gold at the end of the rainbow as Elkstone closes €100 million early-stage Irish venture fund | Irish investment house Elkstone, has announced the Ireland Strategic Investment Fund (ISIF) has committed to anchor the final close of its €100 million early-stage Irish venture fund. With Enterprise Ireland also on board, the fund has alre... |
| 31.03.2023 | Bluedrop Medical to double headcount after €10.5m investment | Bluedrop Medical, a Galway MedTech start-up, has raised €10.5m in a funding round co-led by Atlantic Bridge and Elkstone. The company said other investors in the round were the European Innovation Council Fund, Furthr VC, Western Developmen... |
| 31.03.2023 | Ireland’s Bluedrop Medical raises €10.5 million investment creating 25 new jobs this year | Galway-based med-tech Bluedrop Medical has raised €10.5 million in an oversubscribed funding round and says it will create 25 new jobs this year. The round was co-led by Atlantic Bridge and Elkstone, and includes the European Innovation Cou... |
| 02.08.2022 | Ireland’s Furthr VC expands its seed fund to €32 million to back scaling Irish innovators | Pictured announcing the growth of Furthr VC's latest fund to €32M are (L-R): Saurabh Kumar, investment associate; Richard Watson, managing partner; and Colm O'Sullivan, partner, Furthr VC Dublin-based Furthr VC, previously known as DBIC Ven... |
| 19.08.2020 | Following 300% growth in 2020, virtual diabetes care company Podimetrics lands another $8M | |
| 19.09.2019 | Bluedrop Medical Secures €2.5m EU Funding | Galway medical devices company Bluedrop Medical has secured €2.5m from the European Innovation Council and will use the cash to bring its AI-powered medical device to market in Europe and the US. An initial seed investment of €1.2m last yea... |
| 25.06.2017 | 5 Dreamit healthcare startups to watch from home infusion software to nurse training disruptor | Eight healthcare startups, half of them led by women, offered myriad approaches to solving specific healthcare challenges from more efficient nurse training to remote monitoring for home infusion and diabetic neuropathy. They developed thei... |
| 11.04.2017 | These are the 8 startups in Dreamit Health 2017 | Parallel to taking its early-stage lessons “to the masses,” Philly-based accelerator Dreamit is giving the eight companies on its 2017 Dreamit Health cohort some more advanced mentorship. In keeping with the two changes to its model (choosi... |
| 27.03.2017 | Dreamit Health announces new accelerator class of eight health tech startups | Health technology accelerator Dreamit Health has announced its latest class of startups – a global selection of eight early stage digital health companies working on a range of health innovations including security of medical IoT and clinic... |
| - | Bluedrop Medical | “Thermal and visual assessment in a single scan. Award winning, patented design.” |
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