Health Tech Capitol | FluGen, Redox, Kiio bring in bucks from investors
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FluGen, Redox, Kiio bring in bucks from investors

15 Apr FluGen, Redox, Kiio bring in bucks from investors

Posted at 15:45h in Uncategorized by
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Three Madison-area companies have boosted their finances with significant investments they’ve received recently.

FluGen has added $2 million to an investment round that began in August 2015. That puts the total amount raised in that round at $11.4 million, according to documents the company has filed with the U.S. Securities and Exchange Commission. Twenty-nine investors were listed as participants in the financing.

Redox has drawn another $1 million, bringing the total amount for its current round to $10 million.

Fitchburg-based Kiio has lined up $600,000 in convertible debt to carry the company over until it goes out for a larger investment round later this year, CEO Dave Grandin said.

Read more at the Wisconsin State Journal

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