Portal Instruments Obtains $11,000,000 Series A Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9ed66b97-a2e3-43b2-8395-67921cf89762
Date
10/18/2014
Company Name
Portal Instruments
Mailing Address
148 Sidney Street Cambridge, MA 02139 USA
Company Description
Portal Instruments is a development stage, venture-backed company that is developing a unique platform technology to transform the delivery of modern medicines and improve the patient experience.
Website
http://www.portalinstruments.com
Transaction Type
Venture Equity
Transaction Amount
$11,000,000
Transaction Round
Series A
Proceeds Purposes
Proceeds from the $11 million Series A financing will be used to develop Portal’s groundbreaking computerized needle-free drug delivery system ideally suited for administering viscous biologics and other formulations.
M&A Terms
Venture Investor
Venture Investor