Portal Instruments Secures $25,000,000 Series B Financing Round

  • Feed Type
  • Date
    10/20/2015
  • Company Name
    Portal Instruments
  • Mailing Address
    148 Sidney Street Cambridge, MA 02139 USA
  • Company Description
    Portal Instruments is a development stage, venture-backed company that is developing a unique platform technology to transform the delivery of modern medicines and improve the patient experience.
  • Website
    http://www.portalinstruments.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $25,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Proceeds from the Series B financing will be used to further develop Portal’s groundbreaking computerized needle-free drug delivery system for injectable biologics for chronic diseases and to advance commercialization of its first product.
  • M&A Terms
  • Venture Investor
    5AM Ventures
  • Venture Investor
    Sanofi-Genzyme BioVentures
  • Venture Investor
    Undisclosed

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