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ChipCare Clears Series A Venture Funding

Friday, March 6, 2015 5:33:00 AM PDT | VentureDeal
   Toronto, Canada  --  Medical technology company ChipCare has secured $5.45 million in its first round of institutional venture capital financing.

ChipCare is developing what it calls a "handheld cell analyzer based on mobile technology."

The system promises to enable people living in remote settings to access HIV treatment options.

Puffin Partners led the round, which also included Maple Leaf Partners, Epic Ventures, Mars and other undisclosed investors.

The company said it would use the funding to get through clinical trials and regulatory approval for its system.

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