Tech Company Financing Transactions
Techcyte Funding Round
Private investors and Zoetis participated in a $21 million venture round for Techcyte. The funding round was announced by the company on 8/20/2021.
Transaction Overview
Company Name
Announced On
8/20/2021
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds from the round and revenue from its veterinary business will allow Techcyte to continue to grow its veterinary business and accelerate commercialization in the human market, completing multiple FDA 510ks and expanding the development team to further work with valued partners such as ARUP Laboratories.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
1106 North 1200 West
Orem, UT 84057
USA
Orem, UT 84057
USA
Phone
Website
Email Address
Overview
Techcyte began as an idea to classify white blood cells using computer vision from Dr. Mohamed Salama that was purchased by Ralph Yarro in a technology transfer from the University of Utah in 2013.
Management Team
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About Database of VC Transactions
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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