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INDUSTRY FIRST

Dilon Technologies raised $9M in growth capital funding, led by JGB Management Inc., to support operational scaling and double-digit revenue growth.

Jun 10, 2025•3 months ago

Amount Raised

$9 Million

Newport NewsBiotechnology

Investors

Jgb Management Inc.

Description

Dilon Technologies, a Newport News, VA-based provider of medical devices for biosurgery and breast cancer treatment and diagnosis, raised $9M in growth capital funding. The round was led by JGB Management Inc. The company intends to use the funds to support its continued double-digit revenue growth and operational scaling. Led by CEO George Makhoul, Dilon Technologies develops and markets innovative technologies used in hemostasis and cancer detection.

Company Information

Company

Dilon Technologies

Location

701 MARINERS ROW

Newport News, Virginia, United States

About

Dilon Technologies is a medical device manufacturer that focuses on products that assist in the fight against breast cancer. We have a strong medical device portfolio to include the Navigator System, a trusted brand and world-renowned surgical gamma probe for radio-guided lymphatic mapping and tumor localization, the MarginProbe, a groundbreaking technology for accurate microscopic margin assessment in breast cancer surgery, and the TrueView 100 Pro, a Specimen Radiography System (SRS) that uses advanced radiography and automated software to precisely identify tumor lesions in resected or biopsied breast tissue.

Company News

(10 articles)

Mon, 09 Jun 2025 07:00:00 GMT

Dilon Technologies, Inc. Closes $9 Million in Growth Capital Financing - PR Newswire

Sun, 14 Sep 2025 15:03:24 GMT

NASCAR star Austin Dillon talks honoring Charlie Kirk, admires his 'heroism' - Fox News

Mon, 02 Jun 2025 07:00:00 GMT

Dilon Technologies Partners with Australian Allografts as Exclusive Distributor for Navigator 2.0™ Gamma Localization System in Australia - PR Newswire

Sat, 19 Apr 2025 07:00:00 GMT

Comics like Tim Dillon helped Trump reach young men. Democrats want in on the joke - CNN

Mon, 03 Feb 2025 08:00:00 GMT

Millicent Dillon, Chronicler of Jane and Paul Bowles, Dies at 99 - The New York Times

Sat, 16 Aug 2025 07:00:00 GMT

Austin Dillon wins the NASCAR Cook Out 400 race for the second year in a row at Richmond Raceway - WRIC ABC 8News

Tue, 10 Jun 2025 07:00:00 GMT

Photo of Dillon Gabriel, Joe Flacco Sparks Reaction Over Striking Size Difference - Yahoo Sports

Tue, 19 Aug 2025 07:00:00 GMT

Podcaster Tim Dillon says Trump's National Guard deployment to DC and increasing surveillance of Americans “should scare everybody” - Media Matters for America

Wed, 01 Jan 2025 08:00:00 GMT

Dillon Gabriel NFL Draft 2025: Scouting report, prospect outlook, NFL team fits and more for Oregon QB - CBS Sports

Fri, 13 Dec 2024 08:00:00 GMT

Young Dillon woman climbing into male-dominated lineman field through Montana Tech program - KXLF-TV

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers