Vestagen Protective closes $10 million financing round
Manufacturer of advanced performance textile products and technologies, Vestagen Protective Technologies has closed a planned $10 million financing round. The proceeds will be used for general corporate purposes and to support increased commercialisation activity for its Vestex Active Barrier fabric scrubs, lab coats and patient garments.
Existing investors Advent Life Sciences and HealthQuest Capital and new investor Northwell Ventures participated in the funding round.
According to the company, its uniforms are being supplied to healthcare institutions like New York-based Northwell Heath and Jacksonville, Florida based Baptist Health System, etc, while its Vestex Active Barrier apparel is exclusively endorsed by the American Hospital Association. (AR)
Fibre2Fashion News Desk – India