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Total amount MC10 has raised in its Series C is $18 million
April 18, 2013
By: DAVID SAVASTANO
Contributing Editor, Coatings World and Ink World
MC10 announced that it has completed its Series C Financing with an additional $8 million led by two new strategic investors. With this extension, the total amount MC10 has raised in its Series C is $18 million. More detail about MC10’s new strategic partners will follow as product and business collaborations are announced. “With the close of this financing, MC10 is fortunate to have strategic investors behind each of our three main business thrusts: consumer, digital health, and medical devices,” said David Icke, CEO of MC10. “Moreover, we’ve added partners who will help us scale globally.” MC10 partners with industry leaders, including Reebok and Medtronic, to develop products that can be used both on and inside the body. MC10’s seamless sensing devices include sensors that monitor head impact, heart rate, brain activity, muscle function, body temperature and hydration, as well as an entirely new class of intelligent medical devices with embedded sensors for enhanced sensing and therapeutic capabilities.
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