Inova Labs Obtains $17,500,000 Series B Round

  • Feed Type
  • Date
    11/9/2011
  • Company Name
    Inova Labs
  • Mailing Address
    3500 Comsouth Rd. Austin, TX 78744
  • Company Description
    The company has developed a portable oxygen concentrator product line.
  • Website
    http://www.lifechoiceoxygen.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $17,500,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The company plans to use the capital to expand its commercial launch of the LifeChoice Portable Oxygen Concentrator System and to bring its new devices to market.
  • M&A Terms
  • Venture Investor
    Latterell Venture Partners
  • Venture Investor
    Glide Healthcare Partners
  • Venture Investor
    Three Arch Partners