Trice Medical closed a US $18.3MM Series C Extension financing round. Proceeds will support worldwide commercialization of mi-eye 2™ and mi-ultra™, as well as product development. The company plans to enter large multinational partnerships, per leadership comments.
mi-ultra is a high-powered 15mHz handheld ultrasound transducer optimized for musculoskeletal applications, for use at the first point of care. mi-eye 2 is a handheld, single-use tool comprising a wide-angle camera lens embedded in a disposable needle. Physicians can complete a diagnosis on the spot in a clinic, under local anesthetic.
The funding round was led by Charter Capital Partners and the Municipal Employees’ Retirement System of Michigan. Other investors in Trice include Smith & Nephew, Safeguard Scientifics, HealthQuest Capital and BioStar Ventures.
Source: Trice Medical
Trice Medical closed a US $18.3MM Series C Extension financing round. Proceeds will support worldwide commercialization of mi-eye 2™ and mi-ultra™, as well as product development. The company plans to enter large multinational partnerships, per leadership comments.
mi-ultra is a high-powered 15mHz handheld ultrasound transducer optimized for...
Trice Medical closed a US $18.3MM Series C Extension financing round. Proceeds will support worldwide commercialization of mi-eye 2™ and mi-ultra™, as well as product development. The company plans to enter large multinational partnerships, per leadership comments.
mi-ultra is a high-powered 15mHz handheld ultrasound transducer optimized for musculoskeletal applications, for use at the first point of care. mi-eye 2 is a handheld, single-use tool comprising a wide-angle camera lens embedded in a disposable needle. Physicians can complete a diagnosis on the spot in a clinic, under local anesthetic.
The funding round was led by Charter Capital Partners and the Municipal Employees’ Retirement System of Michigan. Other investors in Trice include Smith & Nephew, Safeguard Scientifics, HealthQuest Capital and BioStar Ventures.
Source: Trice Medical
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JV
Julie Vetalice is ORTHOWORLD's Editorial Assistant. She has covered the orthopedic industry for over 20 years, having joined the company in 1999.