Tech Company Financing Transactions
Adavium Medical Funding Round
Adavium Medical, based in Palo Alto, secured $21 million from Aberdare Ventures, Arboretum Ventures and CVF.
Transaction Overview
Company Name
Announced On
4/11/2016
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Series C
Proceeds Purpose
The company is using the funds to finance these and other acquisitions, and to strengthen strategic capabilities.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
3340 Hillview Ave.
Palo Alto, CA 94105
USA
Palo Alto, CA 94105
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Adavium Medical is the largest Brazilian medical equipment and diagnostics company, with Brazil being the third largest private healthcare market in the world.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Fred Aslan
Chief Financial Officer
Edmar Paiva
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We do our best to report on all VC transactions involving tech companies. All VC database entries reported here are derived from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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