Tech Company Financing Transactions
Polarean Funding Round
Polarean, based in Durham, secured $12.6 million in investment from Bracco, Nukem Isotopes and private investors.
Transaction Overview
Company Name
Announced On
6/20/2024
Transaction Type
Venture Equity
Amount
$12,600,000
Round
Undisclosed
Investors
Bracco (Lead Investor)
Nukem Isotopes (Lead Investor)
Proceeds Purpose
Polarean intends to use the funds to accelerate progress across the following growth initiatives: Build and expand Polarean's commercial team and infrastructure, targeting top-tier academic medical centers in pulmonary medicine and radiology across the U.S.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
2500 Meridian Pkwy. 175
Durham, NC 27713
USA
Durham, NC 27713
USA
Phone
Website
Email Address
Overview
Located in the Research Triangle Park area of North Carolina, Polarean designs and manufactures equipment for production of hyperpolarized xenon or helium gas.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Richard Hullihen
Chief Operating Officer
Kenneth West
Chief Technical Officer
Bastiaan Driehuys
VP - Engineering
Kiarash Emami
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