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ImpediMed Secures $15m Growth Capital Funding

Provided By PR Newswire

Last update: Feb 7, 2025

New round will help fuel commercialization efforts in support of ImpediMed's platform technology for the detection and monitoring of lymphedema.

CARLSBAD, Calif., Feb. 7, 2025 /PRNewswire/ -- ImpediMed, a leader in medical technologies to clinically monitor and manage fluid and body composition, today announced an agreement for a five-year $15 million growth capital facility with SWK Holdings (NASDAQ:SWKH), a life science-focused specialty finance company catering to small- and mid-sized commercial-stage companies. Funds raised will provide ImpediMed with funding flexibility and will be used to support growth and commercialization activities. Armentum Partners acted as the Company's exclusive financial advisor on this transaction.

Read more at prnewswire.com

SWK HOLDINGS CORP

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