Summary:
- Cooler Heads, a San Diego-based medical device company, secured $11M in Series A funding.
- The funding round was led by Mutual Capital Partners and included several other investors.
- Cooler Heads plans to expand the manufacturing and distribution of its FDA-cleared portable scalp cooling system, Amma, to help cancer patients manage treatment side effects.
Article:
Cooler Heads Raises $11M in Series A Funding for Scalp Cooling System
Cooler Heads, a San Diego-based medical device company, recently announced that it has successfully raised $11 million in Series A funding. The funding round was led by Mutual Capital Partners, with additional participation from SHD Partners, Crescent Ridge VC, Cal Innovation Fund, NuFund, Robin Hood Ventures, Golden Seeds, HIP VC, and an unnamed strategic investor.
The primary focus of Cooler Heads is the development and distribution of Amma, an FDA-cleared portable scalp cooling system. This innovative product is designed to help cancer patients manage the challenging side effects of chemotherapy treatment. By cooling the scalp before, during, and after chemotherapy sessions, Amma reduces blood flow to hair follicles, effectively shielding them from the damaging effects of chemotherapy drugs and preventing hair loss.
One of the key advantages of Amma is its continuous cooling system, which eliminates the need for dry ice or frequent cap changes. This makes it a more convenient and accessible alternative to traditional scalp cooling methods. The CEO and Founder of Cooler Heads, Kate Dilligan, leads the company in providing evidence-based products, content, and services that cater to the specific needs of cancer patients undergoing treatment.
With the new funding in place, Cooler Heads is poised to expand its manufacturing capabilities and accelerate the rollout of Amma to infusion centers and patients who can benefit from its innovative scalp cooling technology. This development marks a significant step forward in the company’s mission to provide effective solutions for managing the side effects of cancer treatment and improving the quality of life for patients.
For more information about Cooler Heads and their revolutionary scalp cooling system, visit their website at Cooler Heads.
