Axis invests €1m in Sabirmedical
Axis Participaciones has invested €1m in medical technology firm Sabirmedical via the FESpyme private equity fund.
The funding follows on from the €5m injected into the firm by Ysios Capital Partners and Caixa Capital Risc in September 2010.
Sabirmedical plans to use the new capital to continue researching the most advanced product in its pipeline, a non-invasive blood pressure monitor.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Susannah Birkwood on +44 20 7004 7524 or susannah.birkwood@incisivemedia.com
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