Tech Company Financing Transactions
RDS Funding Round
RDS, operating out of Strasbourg, secured $13.7 million from Capital Grand Est.
Transaction Overview
Company Name
Announced On
10/12/2023
Transaction Type
Venture Equity
Amount
$13,670,000
Round
Seed
Investors
Proceeds Purpose
The funds will help accelerate the next stages in its development, including market launch, once CE marking is obtained (expected by the end of 2023).
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
IHU- 1 Place de L Hôpital
Strasbourg, PA 67000
FR
Strasbourg, PA 67000
FR
Phone
Undisclosed
Website
Email Address
Overview
RDS is a medical device company aiming at bringing to market the first miniaturized and connected wearable medical solution for real-time monitoring of several key cardiac and respiratory parameters. Our Franco-American team is based in Strasbourg (France) and in Palo Alto (California, USA), and has a extensive experience in medical electronics, digital health, and cutting edge innovation. Members of the team have worked in successful startups as well as large technology companies.
Management Team
Browse more venture capital transactions:
Prev: 10/12/2023: Account Labs venture capital transaction
Next: 10/12/2023: Jam & Tea Studios venture capital transaction
Share this article
Where The Data Comes From
We do our best to document all VC transactions involving tech companies. VC investment data records reported here come from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs