Freedom Meditech Receives $2,000,000 New Financing Round

  • Feed Type
  • Date
    9/28/2012
  • Company Name
    Freedom Meditech
  • Mailing Address
    10455 Pacific Center Court San Diego, CA 92121
  • Company Description
    Freedom Meditech is focused on the development and commercialization of medical device technologies that provide users worldwide with a more “free and healthy” alternative to existing diagnostic tools on the market.
  • Website
    http://www.freedom-meditech.com
  • Transaction Type
    Debt
  • Transaction Amount
    $2,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The funds will be used to ramp up manufacturing and distribution of the company’s ClearPath DS-120™ Lens Fluorescence Biomicroscope, currently under regulatory review in the U.S. and European Union.
  • M&A Terms
  • Venture Investor
    Silicon Valley Bank