Tekcapital investee valued at US$5.25mln by new funding

25 Oct 2016 | Proactive Investors
Tekcapital investee valued at US$5.25mln by new funding
Abstract: Tekcapital PLC (LON:TEK) investee Belluscura has concluded an oversubscribed US$675,000 funding, valuing the whole company at US$5.25mln.
AIM quoted Tekcapital owns 65% of Belluscura following the equity funding.
Belluscura, a specialist in affordable proprietary medical devices, will use the cash as it works to meet regulatory, safety and quality requirements as it seeks CE Mark certification in Europe.
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