Modulated Imaging Secures Initial $500K Seed Funding

Modulated_Imaging_LOGOModulated Imaging, an Irvine, CA-based developer of imaging systems for both scientific and medical application, secured an initial $500k seed financing.

The round was led by the Cove Fund with participation from Hamamatsu Photonics KK through its wholly-owned subsidiary, Photonics Management Corporation.

The company intends to use the funds to continue to develop its medical technology.

Led by David Cuccia, PhD, CEO & CTO, Modulated Imaging develops patented Spatial Frequency Domain Imaging tissue-imaging devices that allow medical, research and aesthetics professionals to prevent, diagnose and cure underlying skin conditions.┬áThe company’s first medical device, the Ox-Imager CS, which is pending FDA clearance, is targeted to rapid and wide-area perfusion studies in a variety of applications, from vascular labs to chronic wound management.

Modulated Imaging has been self-funded through sales of their Reflect RS scientific instrument, and approximately $8m in research grants from the National Institutes of Health and Department of Defense.

FinSMEs

28/07/2016

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