Amount Raised
$40 Million
Round Type
Debt Financing
Garden CityBiotechnologyHealthcareHealth CareDescription
Beyond Air, Inc. (NASDAQ: XAIR) (“Beyond Air” or the “Company”), a commercial stage medical device and biopharmaceutical company focused on developing inhaled nitric oxide (NO) for the treatment of patients with respiratory conditions, including serious lung infections and pulmonary hypertension, and, through its affiliate Beyond Cancer, Ltd., ultra-high concentration nitric oxide (UNO) for the treatment of solid tumors, today announced securing a senior secured debt financing of up to $40 million from funds managed by Avenue Capital Group. The term loan provides Beyond Air with funding to support the ongoing commercial launch of LungFit PH and advance clinical development of the LungFit platform.
Quick answer
Beyond Air raised $40 Million in a Debt Financing round, dated June 15, 2023. Beyond Air is based in Garden City, New York, United States.
- How much did Beyond Air raise?
- Beyond Air raised $40 Million in a Debt Financing round on June 15, 2023.
- What does Beyond Air do?
- Beyond Air is a commercial-stage medical device and biopharmaceutical company dedicated to harnessing the power of endogenous and exogenous nitric oxide (NO) to improve the lives of patients suffering from respiratory..
- Where is Beyond Air based and how big is it?
- Beyond Air is based in Garden City, New York, United States. Fundz records about 54 employees.
- Who are the decision-makers at Beyond Air?
- Fundz holds 2 contacts at Beyond Air, including the Chief Executive Officer & Owner. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Healthcare and Biotechnology around the same time
Companies in the same sectors as Beyond Air that raised within 45 days of this round, from Fundz verified event records.
- Tenon Medical raised $287K (Seed) on July 24, 2023.
- RedHill Biopharma Ltd raised $2.7M (Seed) on July 21, 2023.
- Streamex Corp. raised $495K (Seed) on July 19, 2023.
- Renibus Therapeutics raised $47M (Funding Round) on July 18, 2023.
- Talphera, Inc. raised $10M on July 17, 2023.
- CurvaFix raised $39M (Series C) on July 14, 2023.
Who to call at Beyond Air, and when
A new round usually means Beyond Air is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Beyond Air raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Beyond Air, from your own LinkedIn network
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Related People
Beyond Air raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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