Vixiar Medical Raises $1.5M in Seed Financing
July 24, 2017
Vixiar Medical, Inc., an Annapolis, MD-based company dedicated to the development of non-invasive devices and systems for monitoring cardiopulmonary diseases, raised over $1.5m in seed financing.
Backers included the Abell Foundation, Maryland’s TEDCO and others from Asia, Europe and the US.
The company intends to use the proceeds to complete regulatory submissions and fund final engineering and initial production of its first product, Indicor™.