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Medical Technology Startup Promaxo Closes $8M Round of Financing

Promaxo, the pioneer in the development of in-office MRI, announced today that it has closed $8M round of financing from a group of super angels and strategic investors.

Promaxo will use the funding to accelerate the clinical launch of its award-winning MRI platform in urology practices. The financing proceeds will fuel the development of Company’s robotic-guidance system for live MRI interventions in a physician’s office. Combined, these products will provide enhanced quality of care and superior patient experience.

“Promaxo’s MRI platform is consistently being recognized as a breakthrough technology by healthcare and industry professionals,” commented Amit Vohra, Promaxo’s President and CEO. “The funding will help propel our in-office MRI to market and advance our product pipeline."

For more information, career opportunities or to discuss strategic partnerships, contact Promaxo at or email us at

About Promaxo

Promaxo is a medical technology company developing and commercializing customer-centric MRI systems and MRI based technologies that enhance patients' lives and redefine the standard of care. Using our proprietary technologies, we are bringing the first MRI and robotic-guidance system, for in-office use, to market.

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Source: PRWeb
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