Tech Company Financing Transactions
Hyperfine Funding Round
On 2/11/2021, Hyperfine raised $90 million in Series D investment from Altium Capital, Axiom Associates and Colle Capital.
Transaction Overview
Company Name
Announced On
2/11/2021
Transaction Type
Venture Equity
Amount
$90,000,000
Round
Series D
Proceeds Purpose
The funds will be used to aggressively scale-up commercial expansion of the company's category-defining Swoop portable MR imaging platform in the US and will immediately accelerate the company's plans for multiple country launches.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
351 A New Whitfield St.
Guilford, CT 06437
USA
Guilford, CT 06437
USA
Phone
Undisclosed
Website
Email Address
Overview
Swoop is the brainchild of Hyperfine, a company founded in 2014 by longtime scientist-inventor Dr. Jonathan Rothberg, who developed high-speed DNA sequencing and the world's best-selling point-of-care ultrasound, the Butterfly iQ. Hyperfine produced its first images within a year of the company's founding, and since then, it has rapidly advanced image quality and functionality.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Medical Officer
Khan Siddiqui
Chief Operating Officer
Mark Hughes
Founder
Jonathan Rothberg
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We do our best to document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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