Velentium, a Houston, TX-based engineering firm that specializes in the design and manufacture of medical devices, received $15M in Growth financing from Trinity Capital (NASDAQ: TRIN).
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Dan Purvis, Velentium designs, develops, manufactures, and provides post-market support for medical devices, particularly active implantable and wearable devices. It collaborates with clients worldwide to create medical solutions that improve lives.
Its core competencies include active implantable medical devices, systems engineering, firmware & software, cybersecurity, mobile & cloud, electrical & mechanical engineering, human factors & usability, automated test systems, and CGMP manufacturing.
FinSMEs
15/07/2024