ARGO Medical Technologies Lands New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=22ab54bd-3ca3-4e9f-94e1-43e1281659c0
Date
10/1/2013
Company Name
ARGO Medical Technologies
Mailing Address
33 Locke Drive 2nd Floor Marlborough, MA 01752
Company Description
Argo Medical Technologies Ltd. develops, manufactures, and markets walk restoration devices for people with lower limb disabilities. It offers ReWalk, an ambulation and rehabilitation alternative mobility solution to the wheelchair for individuals with walking impairments for enabling them to stand, walk, and ascend/descent stairs.
Website
http://www.argomedtec.com
Transaction Type
Venture Equity
Transaction Amount
Undisclosed
Transaction Round
Undisclosed
Proceeds Purposes
The new funding and partnership with YASKAWA will help advance the ReWalk infrastructure and technology for users and support company growth with the expansion of research and development and enhanced design to streamline manufacturing.
M&A Terms
Venture Investor
YASKAWA