Speed Care Mineral Secures Fresh Capital and Expands Internationally
Deal News | May 15, 2025 | GENIUS Venture Capital GmbH
Speed Care Mineral GmbH, a burgeoning medical technology company based in Neubrandenburg, has successfully concluded a financing round, securing fresh capital to support its ambitious expansion into international markets. Following the approval of its SpeedM® emergency hemostatic compress for market use, the company is embarking on a global distribution initiative. The investment round was led by GENIUS Venture Capital GmbH, indicating strong confidence in Speed Care Mineral's innovative product and its potential to meet the demands of medical device markets worldwide.
Sectors
- Medical Technology
- Venture Capital
Geography
- Germany – Speed Care Mineral GmbH is based in Neubrandenburg, Germany, and GENIUS Venture Capital GmbH is also headquartered in Germany, representing the geographical focus of the initial activities.
- International – The company is expanding its operations globally, aiming to penetrate international medical device markets.
Industry
- Medical Technology – Speed Care Mineral operates in the medical technology sector, focusing on innovative medical devices such as the SpeedM® hemostatic compress.
- Venture Capital – GENIUS Venture Capital GmbH is a key player in this industry, providing financial backing and investment to promising companies such as Speed Care Mineral.
Financials
- Unknown – The article mentions a financing round but does not specify the amount of capital secured.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Speed Care Mineral GmbH | Target Company | Company | A medical technology company known for its innovative emergency hemostatic products. |
| GENIUS Venture Capital GmbH | Investor | Company | A venture capital firm investing in promising companies, leading the recent funding round for Speed Care Mineral. |