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Promaxo Announces Strategic Financing With Family Office

PRIVATEApr 07, 2022

Round Type

Funding Round

OaklandBiotechnologySoftwareHealth Care

Description

Promaxo, Inc. (“Promaxo” or the “Company”), a medical imaging, robotics, and AI technology company, today announced an additional $1.4 million in strategic financing from Som Tech Pty Ltd, a family office led by Krishna Bhupal. Mr. Bhupal is a well-regarded Investor in the advanced AI enabled fintech and life-sciences spaces globally

Who else raised in Biotechnology and Software around the same time

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

  • Sequentify raised $7M (Funding Round) on May 10, 2022.
  • IMPLICITY raised $23M (Funding Round) on April 27, 2022.
  • Biofourmis raised an undisclosed amount on April 26, 2022.
  • Prelude raised $24M (Funding Round) on April 12, 2022.
  • Ensem Therapeutics raised $67M (Series A) on April 6, 2022.
  • Zephyr AI, Inc. raised $18M on April 4, 2022.

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Company Information

Company

Promaxo

Location

70 WASHINGTON ST, STE 407

Oakland, California, United States

About

With a compact and adaptable MRI, Promaxo is redefining the standard of care by improving the quality and speed of patient diagnosis and interventions. In March 2021, the company received 510(k) clearance from the U.S. FDA for its revolutionary office-based MRI system, allowing practices and hospitals to seamlessly guide prostate interventions under the single-sided scanner.

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Related People

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Verified contacts8 people are listed at Promaxo. We don't have their email yet.See plans and pricing
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Promaxo 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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