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Velentium - Company Overview, Founder, CEO, Funding & Investment Details

Complete information about Velentium including founder details, CEO information, total funding raised, headquarters location, team size, and recent investment rounds.

Velentium company logo

Velentium specializes in the design and manufacturing of therapeutic and diagnostic active medical devices.

Velentium is a full-service CDMO specializing in active implantable medical devices, providing comprehensive in-house capabilities from design to manufacturing.

HeadquartersRichmond, Texas, United States
Team size51-100
Founded2012

What is Velentium? - Company Overview & Details

Velentium is Velentium is a full-service CDMO specializing in active implantable medical devices, providing comprehensive in-house capabilities from design to manufacturing. Founded in 2012, the company is headquartered in Richmond, Texas, United States.

Who Founded Velentium?

Velentium was founded by Dan Purvis, Tim Carroll.

Who are the Key Executives at Velentium? - Leadership Team

Velentium is led by experienced executives in key positions:

Chief Executive Officer (CEO) of Velentium

Dan PurvisCEO

About Dan Purvis - CEO of Velentium

Dan Purvis serves as the Chief Executive Officer of Velentium, leading the company's strategic vision and operations. Connect with them on LinkedIn for professional insights.

Velentium Company Details & Key Information

Where is Velentium located?

Velentium is headquartered in Richmond, Texas, United States.

How many employees does Velentium have?

Velentium has 51-100 employees.

When was Velentium founded?

Velentium was founded in 2012.

Velentium Official Website

How much funding has Velentium raised?

Velentium has raised $15 Million across 3 funding rounds. The most recent funding was completed on 2024-08-15.

Funding Overview

Velentium has raised significant capital to support its growth in medical device manufacturing, including a recent $15 million in debt financing from Trinity Capital.

$15 Million
Total Funding Raised
3
Funding Rounds
2024-08-15
Latest Round

Velentium Funding History

Debt financing
2024-08-15
$15 Million
Series unknown
2021-10-30

Who are the key investors in Velentium?

Velentium is backed by 2 key investors including Great Point Partners, Trinity Capital. These investors focus on Healthcare, Medical Devices, Growth Capital sectors.

Velentium Investor Overview

2
Key Investors
3
Focus Areas
0
Notable Investments

Complete List of Velentium Investors

Great Point Partners

Invests in healthcare companies and has partnered with Velentium for growth recapitalization.

Investment Focus
Healthcare
Medical Devices

Trinity Capital

Provides growth capital to emerging businesses, including significant funding for Velentium.

Investment Focus
Growth Capital

What sectors do Velentium investors focus on?

The investors backing Velentium primarily focus on Healthcare, Medical Devices, Growth Capital sectors.

Healthcare
Medical Devices
Growth Capital

Featured Investor: Great Point Partners

Great Point Partners

Invests in healthcare companies and has partnered with Velentium for growth recapitalization.

Notable Investments:

What are Velentium's future plans?

Velentium Velentium aims to expand its manufacturing capabilities and continue growing its leadership in medical technology.

Velentium Strategic Outlook

Strategic Focus
Defined
2
Key Challenges
2
Growth Opportunities

What challenges does Velentium face?

Velentium has identified 2 key challenges that need to be addressed for continued growth and success.

Key Challenges for Velentium

1

Scaling manufacturing capacity

2

Meeting regulatory requirements

What opportunities does Velentium have?

Velentium has identified 2 key opportunities for growth and market expansion.

Growth Opportunities for Velentium

1

Expansion into new markets

2

Development of innovative technologies

Velentium Strategic Position Summary

Key Focus Areas

Velentium is addressing 2 strategic challenges to strengthen its market position.

Growth Potential

The company has identified 2 key opportunities for expansion and growth.

What are the latest news about Velentium?

Velentium has 2 recent news updates covering key business developments and market activities.

Velentium News Overview

2
Recent Articles
Active
Media Coverage
2024-12-04
Latest Update

What is Velentium in the news for?

Velentium is currently featured in news for Velentium, LLC promotes Matt Hanks to chief exec. and other significant business developments.

Recent News Articles About Velentium

Article 1
2024-12-04

Velentium, LLC promotes Matt Hanks to chief exec.

Velentium promotes COO Matt Hanks to CEO amidst leadership transitions.

mpo-mag.com
Read News
Article 2
2024-12-02

Velentium, LLC hired Matt Hanks as COO on Jan 1st '24.

Matt Hanks, bringing over 30 years of expertise, joins Velentium as COO.

mddionline.com
Read News

Velentium FAQ - Frequently Asked Questions About Founder, CEO, Funding & Company Details

Find answers to the most common questions about Velentium including information about founders, CEO, funding history, investors, headquarters location, and company details. 18 frequently asked questions covering key information about the company.

Velentium Questions & Answers - Company Information

Q1

What is Velentium?

Velentium is a full-service CDMO specializing in active implantable medical devices, providing comprehensive in-house capabilities from design to manufacturing.

Q2

Who founded Velentium?

Velentium was founded by Dan Purvis, Tim Carroll.

Q3

Who is the CEO of Velentium?

The CEO of Velentium is Dan Purvis. You can find more information about them on their LinkedIn profile.

Q4

How much funding has Velentium raised?

Velentium has raised a total of $$15 Million across 3 funding rounds. The most recent funding was completed on 2024-08-15.

Q5

Who are the investors in Velentium?

Velentium's key investors include Great Point Partners, Trinity Capital.

Q6

Where is Velentium headquartered?

Velentium is headquartered in Richmond, Texas, United States.

Q7

When was Velentium founded?

Velentium was founded in 2012.

Q8

How many employees does Velentium have?

Velentium has 51-100 employees.

Q9

What is Velentium's official website?

You can visit Velentium's official website at http://www.velentium.com.

Q10

What was Velentium's latest funding round?

Velentium's latest funding round was a Debt financing round of $$15 Million completed on 2024-08-15.

Q11

Who is founder?

Dan Purvis

Q12

What does the company do?

Velentium specializes in the design and manufacturing of therapeutic and diagnostic active medical devices.

Q13

How much funding?

$15 Million

Q14

Latest funding date?

2024-08-15

Q15

Who are the investors?

Great Point Partners Trinity Capital

Q16

What are the challenges?

Scaling manufacturing capacity Meeting regulatory requirements

Q17

What are the opportunities?

Expansion into new markets Development of innovative technologies

Q18

Latest news?

Velentium promotes COO Matt Hanks to CEO amidst leadership transitions. Matt Hanks, bringing over 30 years of expertise, joins Velentium as COO.

More Information About Velentium

For additional details about Velentium, including the latest news, funding updates, and company developments, explore our comprehensive company database. Find information about startup funding, company valuations, executive leadership, and business intelligence data.