Magnolia Medical Technologies

company

About

Magnolia Medical Technologies is a device development company that focuses on improving the accuracy of diagnostic blood culture tests.

  • 51 - 100

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
$20M
Industries
Health Care,Health Diagnostics,Medical Device
Founded date
Jan 1, 2011
Number Of Employee
51 - 100
Operating Status
Active

Magnolia Medical Technologies is a device development company that focuses on improving the accuracy of diagnostic blood culture tests. It has developed a wide range of products to significantly improve diagnostic specimen quality aimed at directly and dramatically increasing diagnostic accuracy for critical laboratory tests. The company’s intellectual property portfolio includes more than 70 issued patents with more than 50 additional patent applications pending.

It was incorporated in 2011 and is based in Seattle, Washington.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$20M
Magnolia Medical Technologies has raised a total of $20M in funding over 2 rounds. Their latest funding was raised on May 27, 2020 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 27, 2020 Debt Financing $20M 1 Horizon Technology Finance Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Magnolia Medical Technologies is funded by 1 investors. Horizon Technology Finance are the most recent investors.
Investor Name Lead Investor Funding Round
Horizon Technology Finance Yes Debt Financing