The new share issue raises SEK 1.5 million for the company. Chalmers Innovation Seed Fund, Innovationsbron and business angels are behind the investments. Added to this is a loan from Region Västra Götaland. The money is to be used to produce a prototype that is clinically testable, and work is now under progress to find a suitable supplier.
"We have great faith in this company. They have a basic technology that offers great benefits and reduces the risks in delivery. There is a large market for Syspiro Diagnostics technology, and they are well placed to succeed in tapping it," says Olle Stenberg, CEO of Chalmers Innovation Seed Fund.
For further information, contact:
Johanna Lundstedt, CEO of Syspiro Diagnostics, +46 (0)739-80 37 15
johanna@syspiro.com
Olle Stenberg, CEO of Chalmers Innovation, +46 (0)31-772 8047 olle.stenberg@chalmersinnovation.com
More about Syspiro Diagnostics Syspiro Diagnostics AB develops equipment for fetal monitoring to prevent the fetus from being affected by oxygen deficiency during delivery. The business was launched in February 2007 as a cooperative venture between the Göteborg International Bioscience Business School (GIBBS) and three researchers at Sahlgrenska University Hospital. www.syspiro.com
More about Chalmers Innovation Seed Fund Chalmers Innovation is Sweden´s leading investor in ideas and business incubator. Chalmers Innovation Seed Fund has developed more than 80 technology-based growth companies since 1999 and launches 10-12 new companies every year. Read more at www.chalmersinnovation.com
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