Introduction
medu- MEDU is a startup company located in Mexico. It aims to offer creative solutions to a range of problems that both people and businesses encounter. The company combines technology and design to produce goods and services that improve the quality of life for its customers. Let’s gain an insight into its working through this article.
All About Medu
MEDU is a startup company located in Mexico that aims to offer creative solutions to a range of problems that both people and businesses encounter. The company was established to combine technology and design to produce goods and services that improve the quality of life for their customers.
Fintech, which uses technology to enhance financial services and products, is one of MEDU’s primary areas of interest. Customers can access financial services via their mobile devices thanks to a variety of fintech solutions offered by MEDU. These include mobile banking and digital wallets. The business is also putting effort into creating blockchain technology solutions, which might completely alter how money is transacted.
Other Services
MEDU offers a variety of other services in addition to its fintech solutions. These include design and marketing services. It is constantly searching for fresh, cutting-edge approaches to support the success of its clients. Designers, developers, and business professionals all contribute to the company’s team of subject matter experts differently.
MEDU has built a solid reputation in the industry. This is because of its emphasis on innovation and dedication to producing goods and services that cater to the demands of its clients. The business has gotten favorable feedback from its customers. They value its capacity to offer unique and efficient solutions to its problems.
MEDU’s dedication to corporate social responsibility is one of the main characteristics that separate it from its rivals. The business is committed to supporting ethical and sustainable business practices. Having a positive influence on the areas in which it conducts business. The company’s reputation has been further enhanced by this emphasis on social responsibility, which has also helped to forge solid bonds with its clients and business partners.
MEDU takes in $4M to develop reusable personal protective equipment
According to Greenhealth, hospitals produce more than 5 million tonnes of garbage annually in otherwise typical circumstances. Over the past two years, there has been a shortage of personal protective equipment (PPE), and it has been widely reported that some people have resorted to reusing items like medical gowns that are generally single-use.
MEDU aims to lessen this waste and replace single-use medical apparel. This is done by developing a line of reusable, sustainable items like surgical gowns, head covers, and full-body suits.
Formation Of MEDU
CEO Tamara Chayo, a scientist and Thiel Fellow, founded the business in 2020 after seeing the demand for PPE personally while working with her family in the medical and textile industries. She and her team started looking into fabrics to discover which ones could catch viruses, and when they started receiving encouraging lab test results, they founded MEDU.
She told TechCrunch that the fabrics used to make the garments are level 4 AAMI PB70 approved, the greatest level of fluid and microbiological barrier protection, offering the best level of defense against particles, viruses, and germs.
Technology Behind The PPE
Doctors indicated that the PPE was comfortable for them. MEDU made a lot of alterations to the exixtinging one. They finally came up with a product which could be reused 50 times. Using the same gown rather than switching to a different one would save money and reduce waste.
Healthcare professionals are alerted via a mobile app on how many times a gown has been washed, to calculate those 50 washes, Thanks to embedded near-field communication (NFC) technology in the clothing. After 50 uses, the garment is returned to MEDU facilities where it is cleaned, transformed into scrubs, and used to create environmentally friendly packaging.
The business is profitable and keeps increasing its monthly revenue by a factor of six. It has deployed about 7,000 pieces of equipment since January, which is the same as 3 million single-use items.
The company wants to replace over 20 million single-use PPE gowns by the end of 2022. It also aims to9 divert 6,000 tonnes of hospital trash from landfills or incinerators. Additionally, the company has expanded by a factor of two and now collaborates with hospitals in Los Angeles and New York.
Conclusion:
MEDU is a vibrant and forward-thinking startup that is ready for further expansion and success. With a focus on financial technology, design, and marketing, as well as a dedication to CSR, MEDU is well-positioned to excel in its industry and have a long-lasting effect on the lives of its clients.
