Fundz

MolecuLight raised $11.7 million in a Series C funding round led by Export Development Canada, Prosegur, and Azahar to expand its fluorescence imaging technology for wound care.

PRIVATEAug 16, 2024

Amount Raised

$11.7 Million

Round Type

Series C

TorontoBiotechnologyHealth Care

Investors

AzaharProsegurExport Development Canada

Description

MolecuLight has closed a $11.7 million Series C financing round. The investment will support the company's growth in the U.S., Canada, and the European Union.

Quick answer

MolecuLight raised $11.7 Million in a Series C round, dated August 16, 2024. Investors: Azahar, Prosegur and Export Development Canada. MolecuLight is based in Toronto, Ontario, Canada.

How much did MolecuLight raise?
MolecuLight raised $11.7 Million in a Series C round on August 16, 2024.
Who invested in MolecuLight?
Azahar, Prosegur and Export Development Canada are named as investors in this round.
What does MolecuLight do?
MolecuLight Inc. a privately-owned medical imaging company that has developed and is commercializing its proprietary fluorescent imaging platform technology in multiple clinical markets.
Where is MolecuLight based and how big is it?
MolecuLight is based in Toronto, Ontario, Canada. Fundz records about 33 employees.
Who are the decision-makers at MolecuLight?
Fundz holds 2 contacts at MolecuLight, including the CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology and Health Care around the same time

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

  • Aktis Oncology raised $175M (Series B) on September 30, 2024.
  • Aclarion raised $1M (Seed) on September 30, 2024.
  • BrainsWay raised $20M on September 29, 2024.
  • 22nd Century raised $1.2M (Seed) on September 27, 2024.
  • CERo Therapeutics Holdings raised $1.3M (Seed) on September 26, 2024.
  • SURGAR raised $12M (Funding Round) on September 26, 2024.

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Company Information

Company

MolecuLight

Location

425 University Ave, Suite 700

Toronto, Ontario, Canada

About

MolecuLight Inc. a privately-owned medical imaging company that has developed and is commercializing its proprietary fluorescent imaging platform technology in multiple clinical markets. MolecuLight’s suite of commercially released devices, including the MolecuLight i:X® and DX™ fluorescence imaging systems and their accessories, provide point-of-care handheld imaging devices for the global wound care market for the real-time detection of wounds containing elevated bacterial burden > 10^4 CFU/g (when used with clinical signs and symptoms) and for digital wound measurement #moleculight

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Related People

2 contacts
Verified contactsAnil A., CEOSee plans and pricing
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