intelligence360
  • About us
  • Contact Us
  • Search Icon

intelligence360

The Intelligent News Source

Pittsburgh Pennsylvania based Alung Technologies is raising $5,000,000.00 in Debt Financing.

Pittsburgh Pennsylvania based Alung Technologies is raising $5,000,000.00 in Debt Financing.

February 17, 2020 Craig Etkin

Pittsburgh, PA – According to filings with the U.S. Securities and Exchange Commission, Alung Technologies is raising $5,000,000.00 in new funding. Sources indicate as part of senior management President, Vince Testa played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Alung Technologies

ALung Technologies has developed the Hemolung Respiratory Assist System (RAS), a dialysis-like alternative or supplement to mechanical ventilation. The Hemolung RAS provides Respiratory Dialysis,a simple, less invasive form of extracorporeal CO2 removal. By removing carbon dioxide and delivering oxygen directly to the blood, the Hemolung RAS allows the patient’s lungs to rest and heal.

To learn more about Alung Technologies, visit http://www.alung.com/

Contact:
Vince Testa, President
412-697-3370
vtesta@alung.com

SOURCE: http://www.intelligence360.io
Copyright (c) 2020 SI360 Inc. All rights reserved


Venture Capital
6280, Alung Technologies, Pennsylvania, Pittsburgh, Venture Capital

Post navigation

NEXT
Lexington Kentucky based AppHarvest is raising $5,309,121.00 in New Equity Investment.
PREVIOUS
Adprime Media Inc. has secured $2,600,000.00 in commercial capital for expansion in New York New York.
Comments are closed.

Categories

Recent Posts

  • Emergent has raised $130 Million in new Series C funding August 18, 2026
  • Quaise Energy has raised $134 Million in new Series B funding August 18, 2026
  • Executive Change: BNSF Logistics Appoints Tim Humbert as Chief Commercial Officer August 18, 2026
  • Executive Changes, Barrows Connected Store, New York City, 5600, New York, intelligence360, August 18, 2026

Archives

© 2026   Copyright SI360 Inc. All Rights Reserved.