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Boston MicroFluidics's $17 million financing tops recent funding news in Boston

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Published on September 03, 2019
Boston MicroFluidics's $17 million financing tops recent funding news in BostonPhoto: Amornthep Srina/Pexels

Boston-based medical device company Boston MicroFluidics has secured $17 million in Series A funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced Aug. 27.

According to its Crunchbase profile, "Boston MicroFluidics develops devices that enable providers to collect blood samples."

The company also raised a $696,066 seed round in 2009.

The round brings total funding raised by Boston companies in health care over the past month to $42 million. The local health-care industry has produced 91 funding rounds over the past year, securing a total of $1.6 billion in venture funding.

In other local funding news, information technology company InCrowd announced a private equity funding round on Aug. 15, financed by Saroras Private Capital.

According to Crunchbase, "The InCrowd platform provides life sciences companies with real-time feedback from health-care professionals. In the life sciences world, time is money. Making decisions based on the most up-to-date and reliable information is crucial to your business."

Founded in 2010, the company has raised three previous rounds, including a $500,000 debt financing round in 2014.


This story was created automatically using local investment data, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.