Spirometrix Obtains $17,400,000 Series C Round

  • Feed Type
  • Date
    7/1/2016
  • Company Name
    Spirometrix
  • Mailing Address
    6210 Stoneridge Mall Road Pleasanton, CA 94588 USA
  • Company Description
    Our goal is to one day provide low cost devices that could tell the consumer their daily health status using a single breath, in the comfort of their home, thus fulfilling our company slogan: a breath for health.
  • Website
    http://www.spirometrix.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $17,400,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The company, which has raised a total of $29m in three rounds of funding, intends to use the funds to finalize the development of a handheld breathalyzer for use by asthma patients in measuring their FeNO levels at home and finance product launch in both the EU and USA within one year.
  • M&A Terms
  • Venture Investor
    Shanghai Fosun Pharmaceutical
  • Venture Investor
    NGK Spark Plug
  • Venture Investor
    Ohio TechAngels Fund
  • Venture Investor
    Undisclosed

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