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Know Labs Raises $5.7 Million in Latest Round

Jun 02, 2020•about 5 years ago

Amount Raised

$5 Million

Seattle

Description

Know Labs, Inc. (OTCQB: KNWN) an emerging leader in non-invasive medical diagnostics, today announced that it closed a financing round on May 26, 2020. The financing, for an aggregate of $5,739,500, was subscribed to by both new and existing accredited investors in the Company. The Company’s 8-K filing announcing the closing can be found here.

Company Information

Company

Know Labs

Location

Seattle, Washington, United States

About

Know Labs, Inc. is a public company whose shares trade under the stock symbol “KNWN.” The Company’s technology uses spectroscopy to direct electromagnetic energy through a substance or material to capture a unique molecular signature. The Company refers to its technology as Bio-RFID™. The Bio-RFID technology can be integrated into a variety of wearable, mobile or bench-top form factors. This patented and patent pending technology makes it possible to effectively conduct analyses that could only previously be performed by invasive and/or expensive and time-consuming lab-based tests. The Company’s first product will be the non-invasive UBAND Continuous Glucose Monitor (CGM). Those wishing to stay up to date on the developments at Know Labs can subscribe to the Company’s YouTube channel at this link. For more information, visit the company’s website at www.knowlabs.co

FundzWatch™ Score

67
Medium Activity

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