What is Archimedic?
Archimedic is a company dedicated to supporting clients in the development of safe and effective medical devices. Its operational framework is underpinned by a robust Quality Management System (QMS) that adheres to both 21 CFR 820 FDA Quality System Regulation and ISO 13485:2016 standards, underscoring a commitment to regulatory compliance and product integrity within the highly regulated medical technology sector.
How much funding has Archimedic raised?
Archimedic has raised a total of $808K across 2 funding rounds:
Debt
$350K
Debt
$458K
Debt (2020): $350K with participation from PPP
Debt (2021): $458K led by PPP
Key Investors in Archimedic
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Archimedic?
The recent major strategic investment suggests Archimedic is poised for significant scaling or expansion of its product development capabilities. This enterprise-level capital infusion is likely intended to accelerate market penetration, enhance research and development initiatives, or bolster its manufacturing capacity to meet growing demand for its medical device solutions. The company's focus on QMS compliance indicates a strategic approach to long-term growth and market trust.
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