PET scanner Naviscan pulls in $15M
Naviscan PET Systems, a San Diego maker of high-resolution positron-emission tomography (PET) scanners, raised $15 million in a third round of funding led by QuestMark Partners.
Returning investors included Sanderling Ventures, Mayo Medical Ventures and Walker Ventures. The company plans to use the new funding to continue clinical validation and commercialization of its PEM Flex Solo II PET scanner, which it claims can image tumors less than two millimeters in diameter.
Naviscan, previously based in Rockville, Md., last raised $6.5 million in Nov. 2005. See the company’s release on its latest funding here.
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About the Author, David P. Hamilton
David Hamilton has been writing for VentureBeat LifeScience since April 2007. He formerly spent 14 years as a reporter for the Wall Street Journal in its San Francisco and Tokyo bureaus. Prior to that, he spent several years as a reporter at Science Magazine and as a reporter/researcher for the New Republic, both in Washington.