Tech Company Financing Transactions
Scanadu Funding Round
Scanadu secured a $35 million Series B funding round on 4/27/2015. Investors included Fosun International, AME Cloud Ventures and China Broadband Capital.
Transaction Overview
Company Name
Announced On
4/27/2015
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Series B
Investors
Proceeds Purpose
The company is in the midst of filling several thousand orders for its $199 device that came about in the company's 2013 Indiegogo campaign, which brought in $1.6 million from more than 8,500 backers. At the same time, Scanadu is attempting to get its device approved as a medical-grade diagnostic in both China and the U.S. The company is in the midst of human clinical trials with the Scout as a urinalysis device, and has a longer term regulatory path to get the Scout cleared to analyze blood and DNA.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
1196 Borregas Ave. 200
Sunnyvale, CA 94089
USA
Sunnyvale, CA 94089
USA
Phone
Website
Email Address
Overview
A scanner packed with sensors that enables anyone to conduct sophisticated physical exams -- in a snap. Imagine the tools of an emergency room from the comfort of your living room.
Management Team
Title
Name
Email & Social
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