Tech Company Financing Transactions
Paragonix Technologies Funding Round
Paragonix Technologies secured a $24 million Series B funding round on 3/7/2023. Backers included Signet Healthcare Partners.
Transaction Overview
Company Name
Announced On
3/7/2023
Transaction Type
Venture Equity
Amount
$24,000,000
Round
Series B
Investors
Signet Healthcare Partners (Lead Investor)
Proceeds Purpose
The company intends to use the funds to bolster its commercial presence, including the ongoing extension of clinical service offerings and inventory expansion, and to further advance transplant innovations.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
639 Granite St. 408
Braintree, MA 02184
USA
Braintree, MA 02184
USA
Phone
Email Address
Overview
Founded in 2010, Paragonix Technologies Inc., is a privately held medical device company innovating the Sherpa Cardiac Transport System, a novel, single-use organ preservation device to improve donor organ quality and extend donor organ preservation times.
Management Team
Title
Name
Email & Social
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