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Proteus Digital brings in $120mm from new investors in Series G round; $52mm added

Executive Summary

New undisclosed institutional investors in the US, Europe, and Asia invested $120mm in Proteus Digital Health Inc.'s Series G round. Proceeds will help the company fund development of "digital medicines," technology that integrates ingestible sensors with pharmaceuticals to provide patients and physicians with means to electronically track medication management and health statistics. Jonathan Symonds (current chairman of HSBC Bank, and formerly the CFO of Novartis) joined Proteus' board; Novartis invested in Proteus through previous rounds.
Deal Industry
  • Biotechnology
    • Nanotechnology, Chips, etc.
  • Medical Devices
    • Monitoring Equipment & Devices
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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