PhotoniCare

company

About

PhotoniCare has developed a patented imaging platform technology that provides growth opportunities beyond otology.

  • 1 - 10

Details

Last Funding Type
Grant
Last Funding Money Raised
$2.10M
Industries
Health Care,Health Diagnostics,Medical Device
Founded date
Jan 1, 2013
Number Of Employee
1 - 10
Operating Status
Active

PhotoniCare to improve the patient standard of care by equipping physicians with better diagnostic tools developed out of a bioengineering research lab at the University of Illinois at Urbana-Champaign (UIUC). The current state-of-the-art technology for diagnosing ear disease is the otoscope, which is essentially a magnifying glass with no capability to look beneath the surface of the tissue, such as behind the eardrum where most ear disease begins. PhotoniCare is commercializing patented technology from UIUC that can look through the eardrum and into the middle ear to enable more accurate screening and diagnosis of ear disease.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$9.49M
PhotoniCare has raised a total of $9.49M in funding over 2 rounds. Their latest funding was raised on Sep 3, 2020 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 3, 2020 Grant $2.10M 1 National Institutes of Health Detail
Sep 3, 2020 Series A $5.20M 1 i2E Management Company Detail
Mar 6, 2018 Seed $2.04M 4 Detail
Dec 15, 2015 Grant $150K 1 National Science Foundation Detail

Investors

Number of Lead Investors
Number of Investors
3
7
PhotoniCare is funded by 7 investors. National Institutes of Health and i2E Management Company are the most recent investors.
Investor Name Lead Investor Funding Round
National Institutes of Health Yes Grant
i2E Management Company Yes Series A
National Science Foundation Yes Grant
VisionTech Partners Seed
F&S Capital Seed
Innovation In Motion Seed
Almond Tree Capital Fund Seed