Advanced Animal Diagnostics Receives $15,000,000 Series C Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=22de4b0d-457a-4592-bc8e-fbfbbc8ed41f
Date
12/9/2014
Company Name
Advanced Animal Diagnostics
Mailing Address
635 Davis Drive Morrisville, NC 27560 USA
Company Description
Advanced Animal Diagnostics (AAD) is an innovative company designed to enhance the profitability of livestock production and ensure a safe, abundant supply of animal protein by developing highly accurate, rapid diagnostics to detect and manage disease states, reproductive, nutritional and overall health status of production animals.
Website
http://www.advancedanimaldiagnostics.com
Transaction Type
Venture Equity
Transaction Amount
$15,000,000
Transaction Round
Series C
Proceeds Purposes
The investment will allow AAD to accelerate the commercialization of its current product offering, QScout MLD (milk leukocyte differential) test, while also expanding the company’s product line.
M&A Terms
Venture Investor
Venture Investor
Venture Investor
Venture Investor
Venture Investor
Venture Investor