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ALung Technologies

Health Tech & Medtech · Pittsburgh, United States · Founded 1997

Develops intra and extracorporeal gas exchange devices for the treatment of acute and chronic respiratory disorders MoreLess

ALung Technologies is a pioneering company in the medical device industry, specializing in the development of advanced solutions for treating respiratory failure. The company’s flagship product, the Hemolung Respiratory Assist System (RAS), offers a dialysis-like alternative or supplement to mechanical ventilation. This innovative system, originally developed at the University of Pittsburgh, directly removes carbon dioxide from the blood of patients suffering from acute respiratory failure, providing a critical lifeline for those in severe respiratory distress.

ALung primarily serves hospitals and healthcare providers who treat patients with acute respiratory conditions. The market it operates in is the medical device sector, specifically focusing on respiratory care. Given the increasing prevalence of respiratory diseases and the ongoing COVID-19 pandemic, the demand for effective respiratory support systems has surged, positioning ALung favorably within this growing market.

The company’s business model revolves around the development, manufacturing, and sale of its Hemolung RAS device. Revenue is generated through the direct sale of these devices to healthcare institutions, as well as through ongoing service and maintenance contracts. Additionally, ALung may engage in partnerships or licensing agreements to expand the reach and application of its technology.

ALung’s leadership team comprises experienced professionals in the medical and technological fields, supported by a board of directors and advisors who bring a wealth of industry knowledge. The company stays engaged with its stakeholders through regular updates in its newsroom, featuring news, user reports, webinars, and investment information.

In summary, ALung Technologies is at the forefront of respiratory care innovation, providing life-saving solutions to healthcare providers and patients. Its advanced medical devices, particularly the Hemolung RAS, address a critical need in the treatment of respiratory failure, making it a key player in the medical device market.

Keywords: respiratory failure, medical devices, Hemolung RAS, carbon dioxide removal, acute respiratory distress, healthcare providers, innovation, University of Pittsburgh, mechanical ventilation alternative, respiratory care.

Company overview

ALung Technologies company information

The essential company record, classifications and operating signals in one place.

Status
Acquired
Founded
1997
Headquarters
Pittsburgh, United States
Employees
11
Open positions
None listed
Dealroom signal
63.3
sub industryMedical Devicesbusiness modelManufacturingindustryHealthsectorBiotechnologysectorCritical medical caresectorRespiratorysectorPulmonarysectorNon-Invasive medical devices and treatmentssectorSpinoutsectorOil & GassectorTech for Hospitals and ClinicssectorHard TechsectorDT and LSsectorscience-based

Valuation & funding

ALung Technologies funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing May 2022 $110M $110M LivaNova
LATE VCOther financing Aug 2021 $4.6M $18M LivaNova
DEBTDebt Nov 2020 $5.4M Undisclosed
DEBTDebt Jun 2020 $2M Undisclosed
LATE VCOther financing Feb 2020 $3.3M $13M Undisclosed
SERIES DOther financing Jan 2019 Undisclosed
SERIES COther financing Dec 2017 Birchmere Ventures · BlueTree Allied Angels · UPMC Enterprises · Philips
SERIES COther financing Apr 2017 UPMC Enterprises · The University of Pittsburgh Medical Center · Philips Healthcare
SERIES BOther financing May 2014 Allos Ventures · West Capital Advisors
SERIES BOther financing Sep 2013 West Capital Advisors · MAG Ventures · Allos Ventures · Birchmere Ventures
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Growth signals

ALung Technologies website traffic

Latest recorded traffic for ALung Technologies is 200 monthly website visits, down 70.6% over the last three months. ALung Technologies's team declined 57.7% over the past year.

Latest monthly visits200 3-month web change-70.6% 1-year team growth-57.7%
Monthly website visits11 observations · Oct 2022–Jan 2024
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

ALung Technologies compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
ArtiQHas developed AI-based software to help doctors save time and improve interpretation of lung function tests and diagnosis of lung diseases Leuven, Belgium Acquired 18 $1.1M $4.5M
ETISENSE SASDeveloped a non-invasive cardiac and respiratory flow-metering technology to monitor cardiorespiratory function in a non-invasive way Lyon, France Operational
BioBeatBioBeat develops a cutting-edge wearable for continuous non-invasive accurate medical-grade monitoring of vital signs, including continuous blood pressure, saturation, respiratory rate, heart rate, consciousness, cardiac output, stroke volume, body t Petah Tikva, Israel Operational
EversensNon-invasive diagnostic solutions for breath analysis Pamplona, Spain Operational
OptellumDeveloping an artificial intelligence software platform to support clinicians in lung cancer nodule management Oxford, United Kingdom Operational
Medasense BiometricsMedasense is a developer of innovative medical devices and applications in the field of objective pain monitoring Ramat Yishai, Israel Operational
Cheetah MedicalCheetah Medical is a device company developing non-invasive cardiac output and hemodynamic monitoring devices Tel Aviv-Yafo, Israel Acquired
Ornim MedicalNon-invasive patient monitoring devices for cerebral blood flow Lod, Israel Operational
Showing 8 of the closest matchesCompare every metric →

Talent graph

ALung Technologies's talent

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Team profiled 20 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

19 investors on ALung Technologies's cap table

Sourced from Dealroom's funding and investor records.

Seed 1 investor entered at this stage
National Institutes of Health
Series A 9 investors entered at this stage
Birchmere Ventures
Eagle Ventures
MAG Ventures
Allos Ventures
West Capital Advisors
Pittsburgh Life Sciences Greenhouse
BlueTree Allied Angels
Smithfield Trust
Accelerator Fund
Series B+ 8 investors entered at this stage
The University of Pittsburgh Medical Center
Philips Healthcare
UPMC Enterprises
Philips
Riverfront Ventures
Abiomed
Federated Hermes
LivaNova
Other known 1 additional known investor
University of Pittsburgh

Global footprint

Where ALung Technologies has talent and traffic

Workforce by country
🇺🇸 United States · Pittsburgh HQ
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In the news

Latest news about ALung Technologies

Recent press, funding announcements, and product moves mentioning ALung Technologies — open to read from the original sources.

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Market sentiment

What the market is saying about ALung Technologies

An AI-synthesized read of the highest-engagement posts about ALung Technologies on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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