QT Imaging Announces $18 Million Private Placement Financing to Accelerate Growth
Summary
QT Imaging secured an approximately $18 million PIPE financing to strengthen its balance sheet and support growth initiatives. The company plans to use part of the proceeds to repay $5 million of senior secured debt. It will direct the remaining capital toward U.S. and global go-to-market expansion and deployment of its QTI Cloud Platform. QT Imaging also said the financing comes as it prepares to relist on the NASDAQ. The deal is expected to close by October 3, 2025, subject to customary conditions.
Funding
Amount
$18.0M
Total raised
Date
October 1, 2025
Announcement date
Investors
Sio Capital Management, Nasdaq
Lead investors
Company
https://www.qtimaging.com
Funded company
Classifications
industries
Fintech & Banking
applications
Accounting and Taxes
AskAI Classifications
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