Sign In
NewsRadar

€6.3 million Series C for Humedics’ liver function diagnostic device

10 November 2014 12:42
By Tornado Staff

Germany-based diagnostics company Humedics has closed a Series C financing round of €6.3 million led by two new investors, Vesalius Biocapital Partners and Seventure Partners. All existing backers also participated in this latest round. These include Peppermint VenturePartners, IBB’s VC Fonds Technologie, KfW’s ERP Startfonds, Ventegis and High-Tech Gründerfonds.

Humedics develops systems for mobile measurement of the individual liver function at the bedside of the patient. The company will use the fresh capital for the European market entry of its LiMAx test and FLIP diagnostic device. This breath test-based diagnostic system enables clinicians to quantitatively determine the individual liver function capacity within minutes. It allows for better risk assessment in liver surgery, better surgery planning and improved selection of treatment strategies for each patient’s liver status. The LiMAx test has been used more than 12,500 times in clinical practice. Humedics is currently conducting a phase III multi-center clinical trial for its test. Results are expected mid-2015.



Related stories
Mucosis wins Wellcome Trust award and backing from current investors
Massive £50 million Series B round for UK-based Cell Medica
Medication safety system provider Mint Solutions secures €4.4 million
Big VC rounds for Ganymed and MISSION to fight cancer
Catalan medical diagnostics company STAT-Diagnostica gets €17 million


Up
Data


26,356
Tech investments
From our Online Data Service
17,017
VC-backed companies
From our Radar


Recent Deals


DATEAMOUNTSECTOR
Nov 15€6.0MArtificial Intelligence
Nov 15€3.5MSoftware development
Nov 15N/AInternet services
Nov 15€2.4MMaterials
Nov 14N/AE-Commerce
Nov 14€3.1MMedical devices
Nov 14€4.5MOther Software

For information on Europe's most extensive database on technology funding click here!

Events



Press Releases


May 28
Identiq
identiq raises $5m seed, launches privacy-first identity validation...

Apr 29
Nethone
nethone raised over $1 million from innovation nest

Oct 1
The Link App
the link app launches version 2.0

Mar 29
Addex Therapeutics
addex sucessfully raises chf40 million in capital increase

Jan 2
Urban Jungle
urban jungle raises £1m in seed funding to build tech-enabled home ...





About usContact usLegal Information
Copyright © 1999-2019
Emerging Technology Research Europe Inc. All rights reserved.