Ingrown toenail remedy co Toe Fix raises $300,000

Prior to the current financing round the company had raised $350,000.

Ingrown toenail treatment start-up Toe Fix Ltd. (Footplace) has raised $300,000 from CFC Investors Club and private investors.

Toe Fix has developed a patented non-invasive device for the treatment of ingrown toenail, which provides gradual, painless correction of toenail deformities. The device is fitted onto the deformed nail and glued into place and then gradually pulls the ingrown toenail back to its natural position over a relatively short period of time.

Toe Fix was founded in 2007 by chairman Yaron Bar-Ilan, CEO Avinoam Gemer, clinical advisor Dr. Aharon Liberson, and director of engineering Effi Kashani.

Prior to the current financing round the company had raised $350,000.

Published by Globes [online], Israel business news - www.globes-online.com - on February 21, 2010

© Copyright of Globes Publisher Itonut (1983) Ltd. 2010

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