Industry & Business

THEYA Healthcare Secures €665,000 in Funding and Plans Expansion into US Market

 Breaking News
  • Plastics Action Alliance Sets Targets to Achieve Sustainable Reduction in Use of Plastic Plastics Action Alliance, the recently formed group that comprises of 11 leading agricultural processing and food businesses in Ireland, has set out its key objectives. The industry leading group aims to significantly reducing the use of plastic packaging across its members’ operations. Formed at the end of 2018, the Plastics Action Alliance is a collaboration that [...]...
  • Nearly 45% of Irish Employees Say Their CEO Isn’t Visible to Staff Nearly 45% of employees say that their CEO isn’t visible to staff and discourages them from dropping into their office, according to a new report published by Dublin-based communications agency PR360. Almost 30% of CEOs rarely or never socialise with staff, and a third of employees say that their CEO doesn’t even know their name. The PR360 [...]...
  • SEAI Leads €2.6 Million European Project to Unlock Potential of Ocean Energy The Sustainable Energy Authority of Ireland (SEAI) is leading a new pan-European project, Ocean Power Innovation Network (OPIN), which aims to accelerate the development of the ocean energy sector. With a three year budget of €2.6 million, SEAI will partner with organisations in the UK, Belgium, France, Germany and the Netherlands to explore ways to [...]...
  • The UK National Construction Expo – The Arena MK, Milton Keynes – 1st May 2019 The UK National Construction Expo is being held at the Arena MK, Milton Keynes in England on Wednesday, 1st May 2019. Although British construction activity overall has slowed, chiefly due to businesses continuing to postpone major building projects due to Brexit uncertainty, which is impacting the commercial construction and civil engineering sectors, house building remains buoyant. Of [...]...
  • Skillnet Ireland Announces New Funding For Businesses to Upskill Employees Skillnet Ireland, the national agency responsible for the promotion and facilitation of workforce learning in Ireland has announced up to €2 million worth of funding which is being made available to businesses, industry bodies or enterprise groups who wish to establish a new Skillnet Learning Network. Skillnet Networks are enterprise-led learning networks, working to support businesses, industry [...]...

THEYA Healthcare Secures €665,000 in Funding and Plans Expansion into US Market

THEYA Healthcare Secures €665,000 in Funding and Plans Expansion into US Market
April 11
12:05 2019

THEYA Healthcare, the award winning Irish company which designs and manufactures healthcare garments, has secured €665,000 in funding. The funding, raised from private angel investors and Enterprise Ireland, will facilitate the expansion of the company into the US market. THEYA Healthcare plans to create 4 new sales and marketing jobs to support this strategic expansion.

The company has also announced that it has signed a deal with the Greenhealth Exchange (GX), a US purchasing co-operative, which specifies, screens and sources high-quality sustainable and ethically sourced products for its members, and supports their purchasing through the GX catalogue. This deal will see THEYA Healthcare become a preferred supplier to 11 large US Healthcare systems including; Mayo Clinic, Dignity Health and Dartmouth-Hitchcock Medical.

THEYA Healthcare, headquartered at NovaUCD, the Centre for New Ventures and Entrepreneurs at University College Dublin, was formally launched in 2015 by Ciara Donlon (pictured). THEYA Healthcare’s flagship post-surgery lingerie range, designed primarily for use by breast cancer patients, currently retails across Ireland, the UK, mainland Europe, Australia, Canada, South Africa and the US.

The company uses its patented unique fabric mix, made from OEKO-TEX® bamboo, which is ideal for post-operative products as it is anti-bacterial, breathable, 59% more absorbent than cotton and extremely soft thus helping to reduce skin irritation. The design of the THEYA Healthcare range focuses on comfort, support, femininity, functionality and the promotion of healing and offers a fresh alternative to women post-breast cancer surgery, during radiotherapy or post-cosmetic surgery.

Ciara Donlon, CEO of THEYA Healthcare, said: “The signing of this deal with the Greenhealth Exchange opens up the US healthcare market to us at a pivotal time in our expansion. The securing of this funding of €665,000 will be used to fund our reach into the lucrative US market and to create a number of new sales and marketing roles to help achieve this goal. This coincides nicely with our range becoming available on Walmart.com later on this month.”

In 2017 Ciara Donlon was named Laureate for Europe in the Cartier Women’s Initiative and was shortlisted for the EY Emerging Entrepreneur of the Year Award.

About Author

admin

admin

Related Articles

New Subscriber

Subscribe Here



Advertisements






















National Manufacturing Conference & Exhibition 2018

NIBRT Springboard Success Stories



Upcoming Events

  • No upcoming events
AEC v1.0.4