What is Nextern?
Nextern, Inc. is a vertically integrated design and global manufacturing company based in St. Paul, MN, with additional technical product facilities in China. For the past decade, Nextern has specialized in creating non-invasive solutions aimed at enhancing personal health, wellness, and safety. Their product development spans a wide array of critical areas, including treatments for depression, low vision, wound care, ear infections, asthma, allergies, COPD, and lymphedema. Furthermore, Nextern has developed automated home treatment systems, robotic solutions for first responders, and assistive technologies designed to empower individuals with disabilities to lead more productive and fulfilling lives.
How much funding has Nextern raised?
Nextern has raised a total of $74K across 1 funding round:
Debt
$74K
Debt (2021): $74K with participation from PPP
Key Investors in Nextern
PPP
Public-Private Partnership
What's next for Nextern?
With the recent substantial expansion capital, Nextern is poised to further its mission of developing and manufacturing advanced personal health and wellness technologies. The significant Series B/C stage funding suggests a strategic focus on scaling operations, expanding market reach, and potentially accelerating the development pipeline for its diverse range of medical devices and assistive technologies. This investment will likely fuel R&D efforts, enhance manufacturing capabilities, and support market penetration for its innovative non-invasive solutions.
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