BioSight raises $13M

BioSight Ltd. (Karmiel, Israel) said it raised $13 million in a tranched venture financing co-led by Arkin Holdings and Primera Capital, each of which is to invest $5 million. Existing shareholders including Michael Ilan Management also participated.

BioSight expects to receive one tranche immediately, and said it is to receive a second "in the upcoming year" upon achieving an undisclosed milestone. The company did not respond to inquiries. ...