Hd Medical Secures Strategic Investment From Maxim Ventures
Sunnyvale-based HD Medical Inc. and Maxim Integrated Products, Inc. of San Jose today announced that Maxim has made an $800,000 strategic investment in HD Medical, in the form of a convertible promissory note intended to convert into HD Medical’s next preferred equity round of financing.
The majority of Maxim’s investment will be dedicated to HD Medical’s new product development of its visual stethoscope technology utilizing a low power Maxim chipset for the advancement of digital health.