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Medtech company Endofotonics raises $12 mil in Series B funding for early gastric cancer detection

Felicia Tan
Felicia Tan • 2 min read
Medtech company Endofotonics raises $12 mil in Series B funding for early gastric cancer detection
The funds will be used to drive commercialization of its early gastric cancer detection system, SPECTRA IMDx, in Asia Pacific, and to expand the coverage of its cancer detection technology to other organs.
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SINGAPORE (May 29): Medical technology startup Endofotonics has raised $12 million in its Series B funding on Friday.

The company secured its Series A funding in 2016 from ZIG Ventures and SEEDS Capital, the investment arm of Enterprise Singapore, under the Startup SG Equity scheme.

Investors in this round of funding include Tony Tan Choon Keat, the chairman of Singapore Medical Group (SMG) and founding managing director of Parkway Holdings, and Beng Teck Liang, CEO and executive director of SMG.

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