CoapTech nourishes seed round

Jul 26, 2018 •

CoapTech, a US-based feeding tube technology spinout from University of Maryland, Baltimore, has obtained $2.4m in a seed round backed by the system’s tech transfer office UM Ventures, Baltimore Business Journal reported on Tuesday.

The round also featured Maryland Industrial Partnerships, a university program designed to connect University of Maryland System research to industry partners.

CoapTech’s other seed backers are US public health body National Institutes of Health, state government-owned economic development agency Maryland Technology Development Corporation (Tedco) and unnamed…

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