Tech Company Financing Transactions
Credence MedSystems Funding Round
On 9/23/2021, Credence MedSystems received $39.9 million in funding from Molex Ventures, Novartis BioVenture Fund and private investors.
Transaction Overview
Company Name
Announced On
9/23/2021
Transaction Type
Venture Equity
Amount
$39,900,000
Round
Undisclosed
Investors
Molex Ventures (Lead Investor)
Novartis BioVenture Fund (Lead Investor)
Proceeds Purpose
The investment will be directed towards scaling of production capacity for the Credence Companion® and Dual Chamber Reconstitution Systems as well as development of other members of the company's platform of innovative drug delivery systems, including its connected health portfolio.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
1430 O'Brien Dr. D
Menlo Park, CA 94025
USA
Menlo Park, CA 94025
USA
Phone
Website
Email Address
Overview
Credence is under the care of a seasoned team with extensive experience founding, leading and growing successful companies in the medical technology and drug delivery space.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jeffrey Shanley
Chief Operating Officer
Jeffrey Tillack
VP - Bus. Development
John Merhige
Browse more venture capital transactions:
Prev: 9/23/2021: Lightricks venture capital transaction
Next: 9/23/2021: Ripple Foods venture capital transaction
Share this article
About Our VC Transactions Data
We report on all VC transactions involving tech companies. VC transactions on this site are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs