Tech Company Financing Transactions
Siren Funding Round
On 2/23/2023, Siren secured $12.7 million in funding from European Investment Bank.
Transaction Overview
Company Name
Announced On
2/23/2023
Transaction Type
Debt
Amount
$12,699,000
Round
Undisclosed
Investors
European Investment Bank (Lead Investor) (Kris Peeters)
Proceeds Purpose
EIB's investment will directly lead to new operations being opened in EU borders, specifically in Galway. A new global R&D centre is set to expand Siren's workforce by 50% within two years, while also advancing its brand and marketing efforts. In addition to Galway, Siren has branch offices in London, Talence, and Philadelphia.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
1256 Folsom St.
San Francisco, CA 94103
USA
San Francisco, CA 94103
USA
Phone
Website
Email Address
Overview
Ran Ma was studying Biomedical Engineering at Johns Hopkins University and working at Northwestern on the Wounded Warriors Project, a biomask to regenerate the human face for burn victims and war veterans. While working at the wound lab at Northwestern, she learned that there are over 100,000 annual lower limb amputations due to diabetic foot ulcers.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 2/23/2023: Gridium venture capital transaction
Next: 2/23/2023: Trust & Will venture capital transaction
Share this article
Where The Data Comes From
We do our best to record funding rounds that are announced publicly. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs