Delphinus Medical Technologies Secures $11,000,000 Series B Financing

  • Feed Type
  • Date
    9/4/2013
  • Company Name
    Delphinus Medical Technologies
  • Mailing Address
    46701 Commerce Center Drive Plymouth, MI 48170
  • Company Description
    Delphinus has succeeded in building a three-dimensional full-breast ultrasound imaging device that effectively differentiates benign from malignant masses in breast cancer cases using a safe (non-ionizing), comfortable (non-compressing), and reliable (operator independent) patented technology.
  • Website
    http://www.delphinusmt.com
  • Transaction Type
    Debt, Venture Equity
  • Transaction Amount
    $11,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Delphinus has filed for clearance with the U.S. Food and Drug Administration and this latest round of funding will further the development of the technology and support commercialization efforts when cleared.
  • M&A Terms
  • Venture Investor
    Arboretum Ventures
  • Venture Investor
    Beringea
  • Venture Investor
    North Coast Technology Investors