RSP Systems, a spinout of University of Southern Denmark, has extended its series B round to $12.1m following a $4.5m extension backed by Trumpf Venture.
RSP Systems, a Denmark-based diabetes monitoring device manufacturer spun out of University of Southern Denmark, has extended its series B round to $12.1m following a $4.5m extension backed by Trumpf Venture, the investment arm of machine tools supplier Trumpf.
The extension also includes funding from unspecified new and existing investors.
RSP Systems had raised $7.6m in an initial series B close in June 2018 backed by private investors including Jürgen Hambrecht, Roland Berger and its chief executive Andreas…