Irvine, CA – November 15, 2017 – Modulated Imaging, Inc., announced today that it has closed a $2.86 million Series A financing round to support growing market interest and demand for its innovative light-based imaging technology. This represents the medical device company’s second financing round since July of last year. The round was led by Grey Sky Venture Partners. Also participating was Mitsubishi UFJ Capital Co, Ltd, Fresenius Medical Care Ventures GmbH and, making a second investment in the company, Hamamatsu Photonics K.K. through its wholly-owned subsidiary Photonics Management Corporation.
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