
FSI et al. in €28m round for SuperSonic Imagine
A consortium of investors, led by the Fonds Stratégique d'Investissement (FSI) and comprising several European venture players, has provided ultrasound systems developer SuperSonic Imagine with a €28m round of funding.
French state-backed fund FSI invested €14m in SuperSonic Imagine. The remainder of the round will be provided by historical backers Edmond de Rothschild Investment Partners (EdRip), Auriga Partners, Omnes Capital, BioAm, Innobio, NBGI Ventures, Wellington Partners, iXO Private Equity and Mérieux Développement, as well as new investors Alto Invest and Kuwait Life Sciences Company (KLSC).
The company will use the fresh funds to accelerate its international sales and strengthen marketing efforts for its Aixplorer ultrasound device.
Previous funding
SuperSonic Imagine has raised more than €70m from investors since its inception in 2005. Notable investments include a €20m round of funding led by EdRip in 2008 as well as a €34.5m series-C round led by the company's historical backers at the start of 2011.
Company
SuperSonic Imagine is an ultrasound systems developer for medical applications established in 2005. Its Aixplorer system is designed to enable users to detect, characterise and attempt to treat palpable and non-palpable masses in cancer-related applications. Originally targeting women's health when it was launched in 2009, the solution now covers all fields of general radiology.
SuperSonic Imagine is headquartered in Aix-en-Provence and also operates out of the US, the UK, Germany and China. It posted a €14m turnover in 2012, up 40% from the previous year, and employs around 120 people.
People
Maïlys Ferrere represented FSI on the deal.
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