/Companies

POLAREAN, INC.

Durham, US · Founded 2011 · 1 known investors

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Polarean is a medical imaging company that manufactures xenon-based imaging products for healthcare applications and maintains compliance with pharmaceutical industry standards and regulations.

Founders & leadership

POLAREAN, INC. was founded in 2011 by Bastiaan Driehuys.

BD
Bastiaan DriehuysFounder and Chief Scientific Officer
KWKENNETH WEST
KENNETH WESTExecutive
JM
JAYE MCDERMOTTExecutive
KE
Kiarash EmamiCo-founding member, Vice President, Technology and Applications

Board

DD
Dan DeatonBoard director
JS
John SudolBoard director

Investors · 1

Funding

SEC filings, press & company announcements

$15M disclosed across 4 rounds · 2012–2024

▶$1.9MraisedSep 2015 · 8 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • BASTIAAN DRIEHUYSExecutive Officer, Director
  • KENNETH P. WESTExecutive Officer
  • DANIEL M. DEATONDirector
  • SARA SHELPExecutive Officer
  • JOHN J. SUDOLDirector
Offering amount
$10.6M
Amount sold
$1.9M
Sales commissions
$700K
Placement agents
BA Securities, LLC
First sale
Aug 2015
Incorporated
Corporation, North Carolina, 2011
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$250KraisedApr 2015 · 7 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • KENNETH WESTExecutive Officer
  • BASTIAAN DRIEHUYSExecutive Officer, Director
  • DAN DEATONDirector
  • JAYE MCDERMOTTExecutive Officer
  • JOHN SUDOLDirector
Offering amount
$400K
Amount sold
$250K
First sale
Mar 2015
Incorporated
Corporation, North Carolina, 2011
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$250KraisedFeb 2012 · 2 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Daniel M. DeatonDirector
  • Bastiaan DriehuysExecutive Officer, Director
  • John J. SudolExecutive Officer, Director
Offering amount
$500K
Amount sold
$250K
First sale
Jan 2012
Incorporated
Corporation, North Carolina, 2011
Federal exemptions
06
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Non-dilutive funding · 2 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
National Institutes of Health (NIH)National Institutes of HealthPhase II2017$3M
National Institutes of Health (NIH)National Institutes of HealthPhase I2014$148.5K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Frequently asked questions

What does POLAREAN, INC. do?
Polarean is a medical imaging company that manufactures xenon-based imaging products for healthcare applications and maintains compliance with pharmaceutical industry standards and regulations.
Who founded POLAREAN, INC.?
POLAREAN, INC. was founded by Bastiaan Driehuys in 2011.
Who are POLAREAN, INC.'s investors?
POLAREAN, INC.'s investors include Seneca Partners.
How much funding has POLAREAN, INC. raised?
POLAREAN, INC. has disclosed $15M raised across 4 rounds.
Where is POLAREAN, INC. headquartered?
POLAREAN, INC. is headquartered in Durham, US.