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PhotoniCare: Raises More Than $7M in Funding

September 4, 2020

PhotoniCare, Inc., a Champaign, Ill.-based company dedicated to providing physicians with innovative diagnostic tools, raised $7.1m in funding
A $5.2m in Series A financing round led by i2E Management Company Inc. with co-investment from OSF Ventures
The company intends to use the funds to expand the executive team, ramp up manufacturing, execute on its sales and marketing plan
PhotoniCare provids physicians with diagnostic tools, starting with the TOMi Scope
PhotoniCare announced that the U.S. Food and Drug Administration (FDA) had granted clearance for its TOMi™ Scope for non-invasive imaging of the middle ear