R2 Technologies
CryoAesthetic® medical devices for treating skin inflammation.
| Date | Investors | Amount | Round |
|---|---|---|---|
$15.0m Valuation: $150m | Series C | ||
| Total Funding | 000k | ||
R2 Technologies is a medical technology company specializing in CryoAesthetics®, a field that uses controlled cooling for aesthetic skin treatments. The company was founded in 2014 as a collaboration between Pansend Life Sciences, LLC, and Blossom Innovations, LLC, licensing intellectual property from Massachusetts General Hospital. Its scientific founders include prominent dermatologists Drs. Rox Anderson, Dieter Manstein, and Henry Chan, who were instrumental in developing successful aesthetic technologies like CoolSculpting and Fraxel.
The company's core technology, Cryomodulation™, precisely cools the skin to suppress melanin production, reduce inflammation, and remove benign skin lesions like age spots. This approach provides an alternative to heat-based laser treatments. R2 Technologies markets its products under the Glacial® brand, including the Glacial® Rx, Glacial® fx, and Glacial® Spa systems, which are sold to aesthetic providers, clinics, and spas. The flagship product, Glacial® Rx, is an FDA-cleared system for removing benign lesions, reducing pain and inflammation, general dermabrasion, and scar revision. Treatments are positioned as comfortable, requiring no downtime, and are suitable for most skin types.
R2 Technologies operates on a business model centered on the development and sale of these medical devices to trained healthcare professionals and aesthetic practices. The company is headquartered in Silicon Valley and has received significant investment from strategic partner Huadong Medicine Co., Ltd, with total financing reaching $76 million. The company launched its Glacial® product portfolio in 2021 and has since expanded its market presence through strategic partnerships, including with Woodhouse Spas.
Keywords: CryoAesthetics, cryomodulation, medical aesthetic devices, skin cooling technology, Glacial Rx, benign lesion removal, skin inflammation treatment, non-invasive dermatology, aesthetic technology, age spot treatment, skin brightening, melanin suppression, contact cooling, Cryotherapy, dermal cooling, dermabrasion, Rox Anderson, Dieter Manstein, aesthetic medicine, skin rejuvenation