Texas Medical Technology raises $33M to advance automated PPE tech

Houston-based Texas Medical Technology raised $33 million to further development of a subsidiary’s automated medical tech.

The subsidiary, called iNitrile, operates in the personal protective equipment, or PPE, space. It develops a contactless, automated disposable-glove dispenser for latex and nitrile non-powdered gloves, aimed at combatting the spread of infections. After verifying the user and sanitizing their hands, the iNitrile machine opens a compartment for the user to insert their hand…