LipoScience Raises $15 Million

Funding Rounds

▤ Summary

LipoScience Inc., Raleigh, N.C., raised more than $15 million in series E funding. Three Arch Partners, U.S. Bancorp Piper Jaffray Ventures, GE Capital Equity Investments, A.M. Pappas & Associates and Invesco Private Capital participated. The company will use the funds for its marketing and sales efforts. LipoScience (www.liposcience.com) develops medical applications of nuclear magnetic resonance spectroscopy for treating heart disease.

$ Funding

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Amount $15.0M Total raised
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Date August 7, 2003 Announcement date
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Investors A. M. Pappas & Associates, GE Capital, Invesco, Three Arch Partners, U.S. Bancorp Lead investors
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Company http://www.liposcience.com Funded company

▥ Classifications

industries
HealthTech
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