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Eadie Technologies Inc.

location_on

Nova Scotia, Canada

Short Summary

Eadie Technologies Inc. has developed a new gold standard system for glaucoma diagnosis and monitoring; previously raised $500K with 10 ophthalmologist investors; optical & mechanical designs complete; prototype complete; patent filed; MVP by fall.

Overview

Target
Rs.3,90,00,000
Minimum
Rs.5,60,000
Investment Raised
Rs.56,00,000
Previous Rounds Rs.2,80,00,000
Stage Pre-Startup/R&D
Investor Role Any

Highlights

  • Seeking an exit in 4-5 years to strategic at $80-$100mn valuation
  • The company already has 10 ophthalmologists angel investors
  • High margin revenues are near-term with sales starting in late 2021
  • High growth market opportunity to displace existing devices
  • Prototype validated; minimum viable product complete in 4 months
Please note: Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. This information has not been approved as a financial promotion, and you must carry out your own due diligence.

Angel Investment Network (“AIN”) is not a Stock Exchange nor does it intend to get recognized as a stock exchange under Securities Contracts Regulation Act, 1956. AIN does not facilitate any online or offline buying, selling or dealing of securities, clearing or settlement of trades of securities. AIN is not a network or a platform for the secondary market trading.

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