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InfoBionic closes $8mm Series B-1 round

Executive Summary

InfoBionic Inc. (monitoring device developer) raised $8mm in its Series B-1 financing led by Safeguard Scientifics, which was joined by other returning shareholders Excel Venture Management and Zaffre Investments, along with various angels. The company will use the funds to commercialize its MoMe Kardia remote patient monitoring system for cardiac arrhythmia detection.
Deal Industry
  • Digital Health
  • Medical Devices
    • Monitoring Equipment & Devices
  • Services
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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