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Avantis's Series C brings in $10mm
21 Jan 2009
Executive Summary
Avantis Medical Systems (endoscopic devices for GI cancer detection) raised $10mm through its Series C financing round. MC Silicon Valley (the venture investment firm of Mitsubishi International) led and was joined by returning backers including Montreux Equity Partners, Thomas Fogarty, MD, and CN Investment Partners. The company will use the proceeds to establish Centers of Excellence to expedite the launch of its Third Eye Retroscope colon lesion detection device. Mitsubishi will take a seat on Avantis's board.
Deal Industry
- Medical Devices
-
Medical Devices
- Diagnostic Imaging Equipment & Supplies
Deal Status
- Final
Deal Type
-
Financing
- Venture Financing
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Please contact Sales at: (212) 520-2765 or email [email protected]
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Avantis's Series C brings in $10mm
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