Direct Flow Medical raised raised $27.1 million in a new round of financing through the sales of select stock and warrants.
Money in the round came from 11 anonymous investors, with the company looking for another $5.2 million before closing the round, according to the filing.
The company said it raised the funds through the sale and issuance of Series A-1 preferred stock, Series AA preferred stock, convertible notes, warrants to purchase Series A-1 or preferred stock, Series A-1 or preferred stock upon exercise and the underlying common stock issuable upon conversion, according to an SEC filing.
Money in the round came from 11 anonymous investors, with the company looking for another $5.2 million before closing the round, according to the filing.
The company said it raised the funds through the sale and issuance of Series A-1 preferred stock, Series AA preferred stock, convertible notes, warrants to purchase Series A-1 or preferred stock, Series A-1 or preferred stock upon exercise and the underlying common stock issuable upon conversion, according to an SEC filing.
