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Venture Capital News: Telesair Nabs $22M Series A Financing

2023-01-10
IRVINE, CA, Honeywell and Telesair jointly announced today that Telesair has closed a total of $22 million Series A round financing.
Honeywell and Telesair, Inc., an innovator of next generation respiratory care, jointly announced today that Telesair has closed a total of $22 million Series A round financing led by Pasaca Capital with participation from existing and new investors such as ZhenCheng Capital, Shangbay Capital, Device of Tomorrow Capital, Berkeley Catalyst Fund and Ultrastar Ventures LLC.

Telesair is a high-growth company that is developing breakthrough solutions to help move patients from hospital to home sooner by providing compact, mobile respiratory care solutions to hospitals, long-term care and skilled nursing facilities, rural health providers, and in the homecare setting. Led by respiratory veterans in both R&D and commercialization, the company has developed a next-gen, advanced respiratory treatment system platform based on state-of-the-art sensor fusion technologies and innovative pneumatics. Telesair's solutions are designed to elevate the existing standard of care by improving outcomes for patients and the health system.
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