Phoenix Nuclear Labs (PNL) announced today that it closed a $2M equity fundraising round to support several key hires and to continue the scale up of its manufacturing infrastructure, as it transitions from R&D into commercialization of its platform neutron generator technology.
The financing round was led by Venture Management LLC, a Madison-based investment firm. Other participants in the round included Wisconsin Investment Partners, New Capital Fund, Knox LLC, the Chippewa Valley Angel Investment Network, DJW Advisors, and Mendota Venture Capital.
Lantheus Medical Imaging, Inc., a global leader in developing, manufacturing, selling and distributing innovative diagnostic imaging agents, and SHINE Medical Technologies, Inc., a Wisconsin-based company dedicated to being the world leader in safe, clean, affordable production of medical isotopes, today announced that the companies have entered into a strategic agreement for the future supply of molybdenum-99 (Mo-99).
The supply agreement, which marks Lantheus’ first with a prospective U.S. supplier of Mo-99, demonstrates both companies’ ongoing commitment to ensuring that the medical imaging community has future reliable and secure…read more +