Augmedics employees lead $15 million Series B funding round
Mobi Health News
JUNE 17, 2020
Augmedics, a developer of augmented reality surgical image guidance tools, raised $15 million in Series B funding, led by its U.S. staff. In this nearly unheard of money-raising strategy, the company’s employees formed AUG Management LLC, a limited liability company, and raised $4 million. The remainder of the funds came from existing shareholders AO Invest and Terralab Ventures, and undisclosed investors that provided $3.2 million and $7.8 million respectively.
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