Raydiant Oximetry, Inc. is a groundbreaking company dedicated to the mission of keeping mothers and babies safe during childbirth. Since its foundation in 2016, the U.S.-based firm has been steadfast in its commitment to this noble cause. Raydiant Oximetry is developing a low-cost, non-invasive biomedical device to monitor the oxygen levels in fetal blood, thereby providing obstetricians and patients with crucial information to make informed decisions regarding labor continuation or the need for a cesarean section. The latest milestone for Raydiant Oximetry came with a significant $7.50M Series A investment on 04 June 2024. Notably, the investment was led by a consortium of impactful players, including Global Health Impact Fund, RH Capital, Cross-Border Impact Ventures, VCapital, and March of Dimes. With its focus on biotechnology and healthcare, Raydiant Oximetry is poised to make a substantial contribution to improved maternal and fetal outcomes, reduced cesarean delivery rates, and decreased healthcare costs on a global scale.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series A | $7.50M | 5 | V-Capital, March of Dimes | 04 Jun 2024 |
Series A | $5.00M | 9 | V-Capital, Tri-Valley Ventures | 01 Nov 2021 |
Grant | $3.00M | 1 | 26 May 2021 | |
Venture Round | Unknown | 1 | 06 Oct 2020 | |
Grant | $999.39K | 1 | 18 Aug 2020 |
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