Surface Logix raises $20M to progress pipeline
Boston, USA-based Surface Logix has raised over $20.0 million in a combined equity and debt financing. The company received around $15.0 million through equity contributions by existing investors, including ARCH Venture Partners, HBM BioVentures, Healthcare Focus, Intel Capital, Saudi Venture Development Company, Unilever Technology Ventures and Venrock Associates. In addition, MPM Capital participated as a new investor. On top of the equity round, $5.0 million was raised through a venture loan from Silicon Valley Bank.
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