Tech Company Financing Transactions
Valencell Funding Round
Valencell, based in Raleigh, received $10.5 million in funding from Sonion A/S, GII Tech and TDF Ventures.
Transaction Overview
Company Name
Announced On
6/14/2018
Transaction Type
Venture Equity
Amount
$10,500,000
Round
Series E
Investors
Proceeds Purpose
Valencell plans to use the funds to accelerate investments in its highly accurate biometric sensor technology and expand sales growth.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
4601 Six Forks Rd. 103
Raleigh, NC 27609
USA
Raleigh, NC 27609
USA
Phone
Website
Email Address
Overview
Valencell's proprietary Healthsnet techology turns mobile devices into health and fitness devices, addressing the growing demand for seamless monitoring of physical performance, fitness, and health status.
Management Team
Title
Name
Email & Social
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