Tech Company Financing Transactions

POINT Biomedical Funding Round

POINT Biomedical, based in San Carlos, secured $25 million in funding from Vedanta Capital, Chicago Growth Partners and CHL Medical Partners.

Transaction Overview

Company Name
Announced On
2/6/2008
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series A
Investors

Vedanta Capital (Lead Investor) (Larry Posner)

Chicago Growth Partners (Arda Minocherhomjee)

CHL Medical Partners (Ronald Lennox)

De Novo Ventures (Fred Dotzler)

Integra Ventures (James Strand)

INVESCO Private Capital (Alan Kittner)

New Leaf Venture Partners

Proceeds Purpose
Proceeds purposes were not disclosed. This round is a recapitalization round.

Company Information

Company Status
Out of Business
Industry
Biopharmaceutical
Mailing Address
887L Industrial Road
San Carlos, CA 94070
USA
Email Address
Overview
POINT Biomedical is developing novel technology platforms for imaging and drug delivery applications. The lead product, CARDIOsphere, is an ultrasound-imaging agent for assessing myocardial perfusion, has completed Phase 3 clinical testing in the United States.
Profile
POINT Biomedical LinkedIn Company Profile
Social Media
POINT Biomedical Company Twitter Account
Company News
POINT Biomedical News
Facebook
POINT Biomedical on Facebook
YouTube
POINT Biomedical on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Tom Feldman
  Tom Feldman LinkedIn Profile  Tom Feldman Twitter Account  Tom Feldman News  Tom Feldman on Facebook


 

 

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