Epica International, Inc., a robotic CT company headquartered in San Clemente, California, recently announced the closing of a financing round with the investment group, Partners for Growth. PFG structured the $5 million term-debt facility in this capital raise, providing growth capital to support Epica's expansion into new markets across both imaging and robotics.
Epica was assisted by the NYC management consultancy, Facilitated Growth, LLC, which acted as the key advisor on this deal, assisting in the diligence process for Epica's subsidiaries; a non-invasive CT medical imaging company, a robotics company, an advanced R&D technology center, and two commercial sales and marketing groups.
The funds are earmarked for use on growing operations, increasing the sales force, and preparing for entry into the human medical market. "This infusion of capital will assist us in furthering our goals to integrate CT imagery with precision robotics and ultimately deliver the future of medical diagnosis and therapy," said Epica CEO, Frank D'Amelio.