Tech Company Financing Transactions
InfraReDx Funding Round
InfraReDx closed a $25 million funding round on 8/22/2013. Investors included Nipro.
Transaction Overview
Company Name
Announced On
8/22/2013
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Investors
Nipro (Yoshihiko Sano)
Proceeds Purpose
Proceeds from this investment will be used to support Infraredx's expansion, operations and the commercialization of the TVC Imaging System in Japan. The companies are on track to receive Japanese regulatory approval of the TVC Imaging System in the first half of 2014.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
34 Third Avenue
Burlington, MA 01803
USA
Burlington, MA 01803
USA
Phone
Website
Email Address
Overview
The company has now developed a fiber-optic, catheter-based, near infrared (NIR) spectroscopy system designed to characterize the composition of coronary plaques in patients undergoing catheterization. This NIR system is currently being evaluated in a clinical study.
Management Team
Title
Name
Email & Social
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