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The Irish company is also in talks about a joint research study that will explore the long-term economic benefits of its products.
Theya Healthcare, which produces bamboo fibre underwear designed specifically for post-surgical use, has secured a major investment from a US health organisation.
The Irish company secured €500,000 in funding from the University of Vermont Health Network, a not-for-profit academic health system that serves more than 1m residents across Vermont and northern New York.
Theya Healthcare was founded in 2015 by Ciara Donlon and is based at NovaUCD. The company previously featured in Silicon Republic’s Start-up of the Week series.
Its flagship post-surgery lingerie range is designed primarily for use by breast cancer patients and currently retails across Ireland, the UK, mainland Europe, Australia, Canada, South Africa and the US.
Theya first entered the US market in 2019, when it signed a deal with US purchasing co-op Greenhealth Exchange.
The deal saw the company become a preferred supplier to 11 large healthcare systems, including the Mayo Clinic, Dignity Health, Dartmouth-Hitchcock Medical and the UVM Health Network.
Donlon said the investment is an endorsement of Theya Healthcare’s products. “In addition to its reach across Vermont and northern New York…
A clothes maker for the healthcare sector has secured €665,000 in funding, it said on Monday, facilitating its expansion into the US market.
Theya Healthcare raised the funds from private investors in addition to Enterprise Ireland and intends to create four new jobs as a result.
The company is known for its post-surgery lingerie range, designed primarily for use by breast cancer patients, which currently retails across Ireland, the UK, mainland Europe, Australia, Canada, South Africa and the US.
Theya also signed a deal with the Greenhealth Exchange, a US purchasing co-operative which sources high quality products for its members. The move will see Theya become a preferred supplier to 11 US healthcare systems including Mayo Clinic.
Launched in 2015, Theya uses a fabric mix made from bamboo, a material it says is ideal for post-operative products as it is anti-bacterial, breathable, 59 per cent more absorbent than cotton and extremely soft.
Chief executive Ciara Donlon said the funding will allow for the company's expansion into the US and "coincides nicely with our range becoming available on Walmart. com later this month".
Irish company makes post-surgery garments from a fabric mix using bamboo.
A Dublin manufacturer of medical garments, Theya Healthcare, has raised €665,000 in a funding round from private angel investors and Enterprise Ireland.
The funding will facilitate the expansion of the company into the US market, and the company plans to create four new sales and marketing jobs to support this strategic expansion.
Theya has also signed a deal with a US purchasing co-op called Greenhealth Exchange, which specifies, screens and sources high-quality and ethically sourced products for its members.
The deal will see Theya become a preferred supplier to 11 large US healthcare systems, including the Mayo Clinic, Dignity Health and Dartmouth-Hitchcock Medical.
The NovaUCD company was launched in 2015 by Ciara Donlon.
The company’s flagship post-surgery lingerie range is designed primarily for use by breast cancer patients and currently retails across Ireland, the UK, mainland Europe, Australia, Canada, South Africa and the US.
Theya uses its patented fabric mix made from bamboo, which is ideal for post-operative products as it is antibacterial, breathable, 59pc more absorbent than cotton and extremely soft, thus helping to reduce skin irritation.
“The signing of this deal with the Greenhealth Exchange opens…