Mars Bioimaging launches $15m offer in tight investment market
Summary
Mars Bioimaging has launched a $15 million Series A fundraising round on Snowball Effect. The Christchurch-based company develops point-of-care high-resolution imaging technology that aims to be cheaper than traditional radiography and faster to use. The raise targets wholesale investors in a difficult investment market. The company is positioning itself as a potential New Zealand success story after 17 years of development.
Funding
Amount
$9.8M
Total raised
Date
May 2, 2024
Announcement date
Investors
Snowball Effect
Lead investors
Company
marsbioimaging.com
Funded company
Classifications
industries
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applications
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