Watgen Medical - About the company
Watgen Medical is a seed company based in Vejle (Denmark), founded in 2018 by Toke Reedtz and Peter Bjerring. It operates as a Developer of medical device for treating atopic dermatitis. Watgen Medical has raised $1.8M in funding. The company has 34 active competitors, including 8 funded and 4 that have exited. Its top competitors include companies like Aethlon Medical, Amferia and Cerus.
Company Details
Watgen Medical manufactures medical devices for treating atopic dermatitis. It sterilizes and hydrogenizes tap water for treating skin diseases. Tempered water is the perfect environment for bacteria growth in standard hot water, leading to different skin diseases. The device provides water that is hydrolyzed and the bacterial growth in hydrolyzed water is very slow.
- Website
- watgenmedical.com
- Email ID
- *****@watgenmedical.com
Key Metrics
Founded Year
2018
Location
Vejle, Denmark
Stage
Seed
Total Funding
$1.8M in 1 round
Latest Funding Round
Ranked
12th among 34 active competitors
Employee Count
1 as on Dec 31, 2020
Similar Companies
Legal entities associated with Watgen Medical
Watgen Medical is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Greentech Investor ApS CIN: 37790133 , Denmark, Active | Jun 09, 2016 | - | - | |
Watgen Medical A / S CIN: 39708531 , Denmark, Active | Jul 02, 2018 | - | 1 (As on Dec 31, 2020) |
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Watgen Medical's funding and investors
Watgen Medical has raised a total funding of $1.8M over 1 round. Watgen Medical has 2 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Watgen Medical:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 10, 2019 | 8179662 | Seed | 3313625 | 2848575 | 2973053 | 2396793 |
View details of Watgen Medical's funding rounds and investors
Watgen Medical's founders and board of directors
Founder? Claim ProfileThe founders of Watgen Medical are Toke Reedtz and Peter Bjerring. Jesper Norregaard is the CEO of Watgen Medical.
Here are the details of Watgen Medical's key team members:
- Toke Reedtz: Founder of Watgen Medical and founder of 1 other company. They serve on the board of 1 company.
- Peter Bjerring: Founder of Watgen Medical.
- Jesper Norregaard: CEO of Watgen Medical. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 phone number
Watgen Medical's Board of Directors
Watgen Medical's board has 3 active members. Toke Reedtz is part of team and Thomas Høgh Marschall and Jonathan Sorger are independent board members.Here is the list of Watgen Medical's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 8y 1m | |
Independent board member | - | Current | 7y 7m | |
rzkgixu | Independent board member | - | Current | 6y 1m |
kezvmux | Independent board member | - | Past | 1y 4m |
View details of Watgen Medical's Founder profiles and Board Members
Watgen Medical's employee count trend
Watgen Medical has 1 employees as of Dec 20. The total employee count is 50.0% lower than what it was in Dec 19. Here is Watgen Medical's employee count trend over the years:
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Watgen Medical's Competitors and alternates
Top competitors of Watgen Medical include Aethlon Medical, Amferia and Cerus. Here is the list of Top 10 competitors of Watgen Medical, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Aethlon Medical 1999, San Diego (United States), Public | Immunotherapeutic device company combating cancer and life-threatening viral infections | - | 55/100 | |
2nd | Developer of an anti-infective technology | $7.56M | 55/100 | ||
3rd | Cerus 1991, Concord (United States), Public | Provider of pathogen inactivation technology for blood center or hospital blood bank | - | 54/100 | |
4th | Cel-Sci 1983, Vienna (United States), Public | Developer of immunotherapy products for the treatment of cancer and infectious diseases | - | 53/100 | |
5th | Ondine Biomedical 1999, Vancouver (Canada), Public | Developer of anti-infective therapies for a broad spectrum of bacterial, viral and fungal infections | $798K | 49/100 | |
6th | Developer of immune cell-based extracorporeal therapies for intensive care medicine | $4.75M | - | 47/100 | |
7th | Developer of a amplifier and app for killing pathogenic microorganisms | - | - | 45/100 | |
8th | PATH EX 2016, Nashville (United States), Series A | Developing blood-cleansing device to remove pathogens from circulating blood | $5M | 40/100 | |
9th | Larada Sciences 2006, Salt Lake City (United States), Series A | Leading head lice treatment clinics offering fast, safe, effective solutions | $4.46M | 36/100 | |
10th | Company discovering and developing treatment of toenail fungus (onychomycosis) | $30K | 35/100 | ||
12th | Watgen Medical 2018, Vejle (Denmark), Seed | Developer of medical device for treating atopic dermatitis | $1.8M | 31/100 |
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Watgen Medical's Investments and acquisitions
Watgen Medical has made no investments or acquisitions yet.
Reports related to Watgen Medical
Here is the latest report on Watgen Medical's sector:
News related to Watgen Medical
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Extension of LOI with large faucet manufacturer with international salesGlobeNewswire•Jun 29, 2020•Waturu, Watgen Medical
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American medical device specialist joins the board of directors of WATGEN MEDICAL A/SGlobeNewswire•Dec 06, 2019•Intuitive, Waturu, Watgen Medical
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