Sunfox raises $7 million to expand portable ECG diagnostics
Article image: EntrackrSunfox Technologies makes Spandan, a portable ECG platform for clinics, hospitals and home monitoring. The Dehradun startup has secured $7 million in Series A funding from Ashish Kacholia, Lashit Sanghvi, Alchemy Capital and 3one4 Capital, according to Entrackr. It plans to use the money to expand in India, build global sales capabilities and continue research and development.
DTT summary based on Entrackr's report. The full article is on the publisher's site.
Round details
Makes Spandan, a portable ECG platform for clinics, hospitals and home monitoring.
- ₹15 Cr pre-Series A in August 2024, led by Venture Catalysts with Finvolve participation.
- Funding supports India expansion, global market entry and continued R&D.
- Series A raised: $7M
- Investors: Ashish Kacholia, Lashit Sanghvi, Alchemy Capital, 3one4 Capital
- Use of funds: The fresh funds will be used for the next phase of growth, including expanding its presence across India, developing global go-to-market capabilities, scaling the organisation and continuing investments in research and...
- Earlier rounds: Raised ₹15 crore in a pre-Series A (August 2024), led by Venture Catalysts, with Finvolve participation.
- HQ: Dehradun