O2 RegenTech
Early Stage
Healing Chronic Wounds
Overview
Raised: $0
Rolling Commitments ($USD)
Status
Active
Reporting Date
12/08/2023
Days Remaining
49
% of Min. Goal
0%
% of Max. Goal
0%
Likelihood of Max
Avg. Daily Raise
$0
Momentum
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Year Founded
2013
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Location
Akron, Ohio
O2 RegenTech, with a valuation of $6.8 million, is raising funds on NetCapital. The company is using its proprietary biopolymer technology to commercialize easy-to-use wound care solutions. O2 RegenTech’s first product is called OXAID and is a moist, oxygenating, and antimicrobial dressing that promotes chronic wound healing. It is a one-of-a-kind wound solution that is cost-effective and easy to use and helps chronic wounds heal faster and at a lower cost than other oxygen delivery systems. Dr. Andreas Inmann and Dr. Nic Leipzig founded O2 RegenTech in July 2013. The current crowdfunding campaign has a minimum target of $10,002.80 and a maximum target of $612,000. The campaign proceeds will be used for product development, regulatory affairs, operations, payroll, and biocompatibility testing.
Summary Profit and Loss Statement
FY 2022 | FY 2021 | |
---|---|---|
Revenue |
$0 |
$0 |
COGS |
$0 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-18,280 |
$-53,064 |
Summary Balance Sheet
FY 2022 | FY 2021 | |
---|---|---|
Cash |
$1,032 |
$201 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$1,032 |
$201 |
Short-Term Debt |
$50,000 |
$50,000 |
Long-Term Debt |
$223,500 |
$204,500 |
Total Liabilities |
$273,500 |
$254,500 |
Financials as of: 11/08/2023
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