02.01.18
TechCare Corp. has announced it has closed an $1.8 million round of funding. The technology company has a revolutionary delivery platform that uses vapor technology for natural health, wellness and beauty treatments.
The financing was a combination of existing investors and new investors, including Zvi Yemini, chairman of TechCare and its largest shareholder; Ran Tuttnauer, CEO and owner of Tuttnauer; Citrine Investment & Technology Holdings; Oren Traistman, board member of TechCare, and also a Partner in Egoz Finance and Shares Issuers Ltd.; and Zach Rubin, a follow-up investor.
"Our existing and new investors are strong partners for TechCare in helping to fuel our growth," said Shlomi Arbel, CEO. "This new funding substantially improves our working capital position while we continue to expand sales of our products that leverage the innovative TechCare delivery platform. We will also greatly benefit from our investors' vast experience, proven track record and professional networks."
The team at TechCare Corp. says it is inspired by simple, natural treatments that have been used for generations. TechCare's renowned scientists combine traditional wisdom with innovative, proprietary technology and years of research to create solutions that answer the needs of today's consumers.
