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Pelikan closes $29.2mm Series D round

Executive Summary

Pelikan Technologies (develops handheld diagnostics) raised $29.2mm through a private placement of Series D preferred stock led by Swissfirst Bank AG. Returning shareholders HBM BioVentures, Mannheim, and Heidelberg Innovation also participated along with new individual investors.
Deal Industry
  • In Vitro Diagnostics
  • Medical Devices
    • Diagnostic Equipment & Supplies
  • In Vitro Diagnostics
    • Glucose Testing
Deal Status
  • Final
Deal Type
  • Financing
    • Venture Financing

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