XII Medical Completes $30 Million Series A Financing

XII Medical Completes $30 Million Series A Financing

May 5, 2022

UNION CITY, Calif., May 5, 2022 /PRNewswire/ — XII Medical, Inc., a private health technology company, today announced the closing of a $30 million Series A equity financing with a world-class syndicate of healthcare investors. Ajax Health led the financing, with co-lead Broadview Ventures and participation from founding investor Cleveland Clinic, as well as Aperture Venture Partners, JobsOhio Growth Capital Fund, CincyTech, and an undisclosed strategic investor. Funds will be utilized to advance the development of a proprietary, state-of-the-art, patient-centric solution for the millions of people suffering from obstructive sleep apnea.