Sunfox Technologies Bags $7 Mn To Scale Cardiac Diagnostics Platform Spandan
India, Oct. 7 -- Dehradun-based medtech startup Sunfox Technologies has raised $7 Mn (around Rs.67 Cr) in a Series A funding round led by Ashish Kacholia, Lashit Sanghvi, Alchemy Capital, and 3one4 Capital.
The startup will use the fresh capital to expand its portable cardiac diagnostics platform Spandan across India, grow its team, and invest in R&D, clinical evidence, engineering, and new cardiac technologies.
It will also build regulatory, distribution, and commercial capabilities across the US, Europe, and Africa, the startup said in a statement.
Sunfox said it has regulatory approvals in India, Ghana, Kenya, Tanzania, and South Africa, and is pursuing clearances in the US and the European Union.
The fundraise follows a Rs.15 Cr (...
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