Tech Company Financing Transactions
MolecuLight Funding Round
MolecuLight closed a $7.5 million funding round on 8/20/2019. Investors included Oxford Finance.
Transaction Overview
Company Name
Announced On
8/20/2019
Transaction Type
Debt
Amount
$7,500,000
Round
Undisclosed
Investors
Oxford Finance (Christopher Herr)
Proceeds Purpose
The financing will allow MolecuLight to support the commercial expansion for its Moleculight i:X device.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
425 University Ave. 700
Toronto ON, M5G 1T6
Canada
Toronto ON, M5G 1T6
Canada
Phone
Website
Email Address
Overview
Moleculight is developing a non-invasive optical technology that acquires images in a manner similar to standard point-and-shoot digital cameras. The device provides real-time bacteriological information which is otherwise unobtainable using industry standard wound assessment techniques, including conventional white light visualization.
Management Team
Title
Name
Email & Social
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