Augmedics raises $36M in oversubscribed Series C

Augmentics led a serie C for a amount of about 36 millions dollars. After a FDA 510(k) clearance in USA, the company works on a CE certification and a worldwide development.

Augmented reality-based imaging company Augmedics announced that it raised $36 million in an oversubscribed Series C financing round.Having closed a $21 million Series B round eight months ago, Chicago-based Augmedics has raised $63 million to date, according to a news release. The company plans to use the funds to continue commercialization efforts, develop the next generation of products, expand to new indications and garner CE mark approval in Europe.

Source: Augmedics raises $36M in oversubscribed Series C – MassDevice

Author: gregory

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