AAA Canon fires SuperSonic investment shot

Canon fires SuperSonic investment shot

SuperSonic Imagine, a France-based developer of ultrasound medical imaging technology, has raised €34.5m ($45m) in its series C round from a consortium including Japan-based equipment company Canon.

The C round was led by Mérieux Développement, a corporate venturing unit of local foundation Institut Mérieux, as a new investor alongside peer InnoBio.

The round had initially tried to raise €25m but was extended with the new investors.

Toshiaki Ikoma, chief technology officer at Canon, said: "SuperSonic Imagine’s UltraFast Imaging is a unique and cutting edge technology with a great potential to expand into various functionalities."

The previous consortium of venture capital firms Edmond de Rothschild Investment Partners, Auriga Partners, Crédit Agricole Private Equity, NBGI Ventures, BioAm (managed by CDC Entreprises), Wellington Partners and IXO Private Equity provided €19m of the C round.

SuperSonic’s extended B round closed in May last year at €26m after a €10m series A round in March 2006 and €550,000 of seed money the year before.

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