MagForce AG, a medical device company, operates in the field of nanotechnology-based cancer treatment in Germany
Business Model:
Revenue: $10M
Employees: 2-10
Address: Max-Planck-Strasse 3
City: Berlin
State: berlin
Zip: 12489
Country: DE
MagForce AG, a medical device company, operates in the field of nanotechnology-based cancer treatment in Germany. The company offers NanoTherm therapy that treats solid tumors through the intratumoral generation of heat by activating superparamagnetic nanoparticles. It also provides NanoTherm, a ferrofluid liquid containing superparamagnetic iron oxide nanopracticles that is activated in an alternating magnetic field; NanoPlan, a treatment planning software; and NanoActivator, a magnetic field applicator for therapy. The company was founded in 1997 and is headquartered in Berlin, Germany.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 1/2015 | Post-IPO Equity | 1 | - |
Heliad Equity Partners Heliad Equity Partners Heliad Equity Partners Heliad Equity Partners |
8/2014 | Post-IPO Equity | 1 | $15M |
Mithril Capital Management Mithril Capital Management Mithril Capital Management Mithril Capital Management |
12/2020 | Post-IPO Equity | 2 | $5.7M |
Apeiron Investment Group Ben J. Lipps Apeiron Investment Group Ben J. Lipps |
6/2022 | Post-IPO Debt | 1 | $3.5M |
Lansdowne Investment Company Cyprus Lansdowne Investment Company Cyprus |
1/2015 | Post-IPO Equity | 1 | - |
Heliad Equity Partners Heliad Equity Partners Heliad Equity Partners Heliad Equity Partners |
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