POC Medical passes Sirius test for $21m

Jan 13, 2017 • Robert Lavine

Sirius America Insurance has contributed to a series A round for POC Medical, which intends to launch its portable breast cancer screening device in India.

POC Medical Systems, the US-based developer of a portable breast cancer screening test, has received $21m in a series A round backed by insurer Sirius America Insurance.

Venture capital firm BioVentures Investors led the round, with participation from IFG Healthcare and MIA Investment. POC had previously raised $1.1m from undisclosed investors in a 2014 seed round.

Founded in 2013 and incubated at California-based innovation hub iGate, POC is working on a portable screening test for breast cancer called MammoAlert that…

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