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VC-funded Company:

Alung Technologies
2500 Jane Street, Suite 1
Pittsburgh, PA 15203
Phone: 412-697-3370

ALung Technologies, Inc. is a Pittsburgh-based developer and manufacturer of innovative lung assist devices. ALung is commercializing the Hemolung Respiratory Assist System (RAS), a dialysis-like alternative or supplement to mechanical ventilation originally developed at the University of Pittsburgh. The Hemolung RAS removes carbon dioxide and delivers oxygen directly to the blood, allowing the patient's lungs to rest and heal. A simple extracorporeal circuit, small venous catheter, and techniques similar to hemodialysis make the Hemolung RAS easy to use. The Hemolung RAS is currently an investigational device, and is not yet available for sale in any market.

Key Contact
Name
Peter M. DeComo
Title
CEO
Funding Events

Date
Amount
Type
Investors
Valuation
02/06/12 $10,000,000 Series B Birchmere Ventures
Eagle Ventures
undisclosed
09/11/13 $15,800,000 Series B-1 Allos Ventures
Birchmere Ventures
BlueTree Capital Group
PLSG Accelerator Fund
Smithfield Trust Company
West Capital Advisors
undisclosed
05/19/14 $10,000,000
04/14/17 $36,000,000 Series C Abiomed
Allos Partners
Birchmere Ventures
Blue Tree Venture Fund
Philips
Riverfront Ventures
The Accelerator Fund
UPMC Enterprises
undisclosed


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