Tech Company Financing Transactions
Eleme Medical Funding Round
L Capital Partners, EDF Ventures and Three Arch Partners participated in a $18 million Series C funding round for Eleme Medical. The round closed on 7/16/2008.
Transaction Overview
Company Name
Announced On
7/16/2008
Transaction Type
Venture Equity
Amount
$18,000,000
Round
Series C
Investors
Proceeds Purpose
The funds will be used to commercialize the Company's FDA-cleared SmoothShapes® System and also to develop the Company's pipeline of body shaping technologies.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
10 Al Paul Lane 102
Merrimack, NH 03054
USA
Merrimack, NH 03054
USA
Phone
Website
Email Address
Overview
Elemé Medical is an emerging, privately funded aesthetics company. The Company's SmoothShapes System is a painless, non-invasive laser-based system indicated for the temporary improvement in the appearance of cellulite.
Management Team
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