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iThera Medical Closes $15.6M Funding Round: Week in Brief: 12/23/22

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MUNICH, Dec. 23, 2022 — Medical technology company iThera Medical closed a £13 million ($15.6 million) funding round led by TRUMPF Venture. The funding will drive the company’s commercialization and development of its multispectral optoacoustic tomography (MSOT) imaging technology, with a goal to translate the technology into a routine clinical environment and offer clinicians a diagnostic tool. Proceeds from the funding will also be used to secure regulatory approval for deployment in Europe and the U.S. and expand clinical evidence in priority clinical indications, the company said. TROY, Mich....Read full article

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    Published: December 2022
    Glossary
    integrated circuit
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    semiconductor
    A semiconductor is a type of material that has electrical conductivity between that of a conductor and an insulator. In other words, semiconductors have properties that are intermediate between metals (good conductors of electricity) and insulators (poor conductors of electricity). The conductivity of a semiconductor can be controlled and modified by factors such as temperature, impurities, or an applied electric field. The most common semiconductors are crystalline solids, and they are...
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