Tech Company Financing Transactions
Lumicell Funding Round
On 12/8/2017, Lumicell raised $28.7 million in Series C funding from BlueIO and LaunchCapital.
Transaction Overview
Company Name
Announced On
12/8/2017
Transaction Type
Venture Equity
Amount
$28,700,000
Round
Series C
Investors
BlueIO (David Furneaux)
LaunchCapital (Elon Boms)
Proceeds Purpose
Kelly Londy, Chief Executive Officer of Lumicell, stated, We are grateful for the funding and support from our investors which will be used to drive completion of our breast cancer studies as well as expand the LUM System pipeline into additional cancer indications, with a focus on driving innovation to improve patient outcomes.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
1 Newton Pl. 275 Washington St. 200
Newton, MA 02458
USA
Newton, MA 02458
USA
Phone
Website
Email Address
Overview
The company is developing a medical device that can detect remaining cancer cells after surgery. Lumicell is addressing the number one challenge in cancer surgery -- the need to remove all cancer cells within the tumor bed during the first surgery.
Management Team
Title
Name
Email & Social
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