Adavium Medical Obtains $21,000,000 Series C Funding Round

  • Feed Type
  • Date
    4/11/2016
  • Company Name
    Adavium Medical
  • Mailing Address
    3340 Hillview Avenue Palo Alto, CA 94105 USA
  • Company Description
    Adavium Medical is the largest Brazilian medical equipment and diagnostics company, with Brazil being the third largest private healthcare market in the world.
  • Website
    http://www.adavium.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $21,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The company is using the funds to finance these and other acquisitions, and to strengthen strategic capabilities.
  • M&A Terms
  • Venture Investor
    CVF
  • Venture Investor
    Venrock
  • Venture Investor
    Aberdare Ventures
  • Venture Investor
    Arboretum Ventures

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