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Biotricity Completes $12 Million Non-Dilutive Debt Financing

PUBLIC · BTCYDec 27, 2021

Amount Raised

$12 Million

Round Type

Debt Financing

Redwood CityBiotechnologyHealthcare

Description

Biotricity Inc. (NASDAQ:BTCY) a modern medical technology company delivering innovative, remote biometric monitoring solutions, today announced the successful completion of a $12 million non-convertible debt financing.

Quick answer

BIOTRICITY INC. raised $12 Million in a Debt Financing round, dated December 27, 2021. BIOTRICITY INC. is based in Redwood City, California, United States.

How much did BIOTRICITY INC. raise?
BIOTRICITY INC. raised $12 Million in a Debt Financing round on December 27, 2021.
What does BIOTRICITY INC. do?
Biotricity is reforming the healthcare market by bridging the gap in remote monitoring and chronic care management.
Where is BIOTRICITY INC. based and how big is it?
BIOTRICITY INC. is based in Redwood City, California, United States.

Source: Fundz verified event record.

Who else raised in Healthcare and Biotechnology around the same time

Companies in the same sectors as BIOTRICITY INC. that raised within 45 days of this round, from Fundz verified event records.

  • Curevo raised $60M (Series A) on February 10, 2022.
  • Novamind Inc. raised $3.9M (Seed) on February 9, 2022.
  • Novamind Inc. raised $165K (Pre-Seed) on February 8, 2022.
  • MindImmune Therapeutics raised $5.3M on February 4, 2022.
  • Kalera Medical, Inc. raised $23M on February 2, 2022.
  • Passage Bio raised $4M (Seed) on February 1, 2022.

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Company Information

Company

BIOTRICITY INC.

Location

275 SHORELINE DRIVE

Redwood City, California, United States

About

Biotricity is reforming the healthcare market by bridging the gap in remote monitoring and chronic care management. Doctors and patients trust Biotricity's unparalleled standard for preventive & personal care, including diagnostic and post-diagnostic solutions for chronic conditions. The company develops comprehensive remote health monitoring solutions for the medical and consumer markets. To learn more, visit www.biotricity.com. Bioheart does not diagnose, treat, or repair heart disease. Bioheart is not intended to be a diagnostic tool, or for clinical use, or clinical interpretation, and is meant to be a lifestyle and wellness solution for individuals. If users of the Bioheart are concerned about the data obtained from the device, they should consult a medical professional directly for further advice. Biotricity disclaims any representation made, whether explicitly or implicitly, which would suggest the accuracy of the data obtained is suitable for clinical interpretation. Bioheart as described herein, and subsequent versions, may or may not be the same as advertised and may or may not differ in features and functionality. Any statements made herein in relation to Bioheart, its features, functionality are based on design and concepts that the company believe are achievable, but the functionality may be different. Bioheart name, logo, and tag lines are trademarks of Biotricity Inc. US and International Patents Pending. Bioheart does not require a prescription.

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