InfraReDx Obtains $25,000,000 New Funding Round

  • Feed Type
  • Date
    8/22/2013
  • Company Name
    InfraReDx
  • Mailing Address
    34 Third Avenue Burlington, MA 01803
  • Company Description
    The company has now developed a fiber-optic, catheter-based, near infrared (NIR) spectroscopy system designed to characterize the composition of coronary plaques in patients undergoing catheterization. This NIR system is currently being evaluated in a clinical study.
  • Website
    http://www.infraredx.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $25,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds from this investment will be used to support Infraredx’s expansion, operations and the commercialization of the TVC Imaging System in Japan. The companies are on track to receive Japanese regulatory approval of the TVC Imaging System in the first half of 2014.
  • M&A Terms
  • Venture Investor
    Nipro