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Mendor brings in €8.1mm through its Series B round

Executive Summary

Mendor Oy (diabetes care products) has raised €8.1mm ($11.64mm) through its Series B venture round. Finnish entrepreneur Risto Siilasmaa led and was joined by Life Sciences Partners, Finnish Industry Investment, Ilmarinen (a Finnish mutual pension insurance company), Biothom, and returning shareholder Finnvera. LSP will contribute one board member.
Deal Industry
  • In Vitro Diagnostics
    • Glucose Testing
  • Medical Devices
    • Monitoring Equipment & Devices
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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