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ALung nears close of $17M equity funding round

Mon, 07/22/2013 - 11:59am
Mass Device

ALung inches closer to topping off a $17 million fundraising round, with less than $2.3 million left to raise.

ALung Technologies logo

Pennsylvania medical device maker ALung Technologies is nearing the close of a $17 million equity funding round with about $14.7 million raised so far among 48 unnamed investors, according to an SEC filings.

The new report updated a fundraising effort that began in late March 2013, and ALung reported last month that it had hit the $9.5 million mark in the raise. Now it's got about 2.3 million left before putting a bow on this round.

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