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InfoBionic brings in $50mm

Executive Summary

Digital health firm InfoBionic Inc. raised $50mm in what looks to be a Series C round to Eagle Investments, Excel Venture Management, Safeguard Scientifics, Zaffre Investments, and Blue Cross and Blue Shield of Kansas. The company will use the funds for commercial expansion of its MoMe Kardia platform for remote cardiac arrhythmia monitoring. Just last month InfoBionic granted Biotronik exclusive rights to distribute MoMe Kardia in the US.
Deal Industry
  • Digital Health
  • Medical Devices
    • Monitoring Equipment & Devices
  • Services
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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