iThera optimises seven-digit round

Sep 14, 2018 •

Medical imaging company iThera spun out of Helmholtz Zentrum München in 2010 and has now been backed by lighting products maker Osram.

iThera Medical, a Germany-based medical imaging spinout of environmental health research centre Helmholtz Zentrum München, secured a seven-digit euro (€1m = $1.1m) sum today from investors including lighting products manufacturer Osram.
BayBG Bayerische Beteiligungsgesellschaft, an investment division of Bavarian government funding agency LfA Förderbank Bayern, also took part in the round, as did regional VC fund Wachstumsfonds Bayern.
Osram backed iThera through corporate venturing subsidiary Fluxunit.
Founded in 2010, iThera Medical makes biomedical imaging systems based on…

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