Tech Company Financing Transactions

Promaxo Funding Round

On 1/15/2021, Promaxo received $4.2 million in financing from Huami and private investors.

Transaction Overview

Company Name
Announced On
1/15/2021
Transaction Type
Venture Equity
Amount
$4,170,000
Round
Undisclosed
Investors

Huami (Lead Investor) (Michael Yeung)

Proceeds Purpose
The trailblazing medical technology company plans to use the funds to accelerate its data strategy as it continues to incorporate artificial intelligence in imaging and image-based interventions.

Company Information

Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
70 Washington St. 407
Oakland, CA 94607
USA
Email Address
Overview
Promaxo's patented MR technology takes advantage of proprietary ultra-fast and strong gradients and pre-polarization fields which can be switched on rapidly without causing bio-effects (e.g., nerve stimulation). Our prototype MRI systems have demonstrated rise- and fall-times about one-hundred times faster than conventional MRI.
Profile
Promaxo LinkedIn Company Profile
Social Media
Promaxo Company Twitter Account
Company News
Promaxo News
Facebook
Promaxo on Facebook
YouTube
Promaxo on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Amit Vohra
  Amit Vohra LinkedIn Profile  Amit Vohra Twitter Account  Amit Vohra News  Amit Vohra on Facebook
Chief Operating Officer
Dinesh Kumar
  Dinesh Kumar LinkedIn Profile  Dinesh Kumar Twitter Account  Dinesh Kumar News  Dinesh Kumar on Facebook
Chief Technical Officer
Aleksandar Nacev
  Aleksandar Nacev LinkedIn Profile  Aleksandar Nacev Twitter Account  Aleksandar Nacev News  Aleksandar Nacev on Facebook
VP - Bus. Development
Michael Bartholomew
  Michael Bartholomew LinkedIn Profile  Michael Bartholomew Twitter Account  Michael Bartholomew News  Michael Bartholomew on Facebook
VP - Product Management
Ram Narayanan
  Ram Narayanan LinkedIn Profile  Ram Narayanan Twitter Account  Ram Narayanan News  Ram Narayanan on Facebook


 

 

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Where The Data Comes From

Our team works diligently to report on all VC transactions involving tech companies. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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