Fe3 Medical Secures $3,500,000 Series B Funding Round

  • Feed Type
  • Date
    8/16/2016
  • Company Name
    Fe3 Medical
  • Mailing Address
    12500 Network Blvd. San Antonio, TX 78249 USA
  • Company Description
    Fe3 Medical develops a drug delivery technology for non-toxic iron transportation across the skin for patients with iron-deficiency anemia.
  • Website
    http://www.fe3medical.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $3,500,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The investment from the State of Texas brought total Series B funding to $14.5M, which will be used for product development, clinical trials and regulatory submissions required to obtain CE Mark and FDA approval for the transdermal patch.
  • M&A Terms
  • Venture Investor
    Investor
  • Venture Investor
    Sweetwater Capital