MagForce USA Receives $15,000,000 New Funding Round

  • Feed Type
  • Date
    8/12/2014
  • Company Name
    MagForce USA
  • Mailing Address
    Building A San Francisco, CA 94129 USA
  • Company Description
    MagForce AG, listed in the entry standard of the Frankfurt Stock Exchange (MF6, ISIN: DE000A0HGQF5), together with its subsidiary MagForce USA, Inc. is a leading medical device company in the field of nanomedicine focused on oncology.
  • Website
    http://www.magforce.de
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $15,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    MagForce USA’s growth round with proceeds of USD 15 million, with an option to increase the size of the round to USD 30 million. MagForce AG owns 77% of MagForce USA as of this closing.
  • M&A Terms
  • Venture Investor
  • Venture Investor