MelCap Systems

Ireland
Kinvarra, Connacht, Ireland

Company profile

MelCap Systems company profile

Gastric Electrical Stimulation (GES) has been formally proven as one of the possible alternatives for the treatment of obesity: There are several companies nowadays who use the GES technology for the treatment of obesity; however, these companies use an implantable devices, which are expensive, invasive and may cause medical complications in the future.Melcap’s innovative system is a non-invasive low cost device, yet it uses the same GES technology for its treatment.

Business identity

Operating status
Active
Company type
For Profit
Employee range
11-50 employees
Revenue range
$0-$1M
Founded
2011-01-01, Year

Headquarters

Country code
IE
Continent
Europe

Capital profile

Funding and company signals

Funding stage
Early Stage Venture
Funding rounds
1
Total equity funding
$2M
Last funding
Series A / $2M / 2015-12-16
Last equity funding
Series A / $2M
Investors
1
Founders
2

Founders and investors

Founders

Alex MelamudJosef More

Investors

Millhouse