Technology  April 12, 2019

Prima Temp raises $5M, appoints new CEO

BOULDER — Prima Temp Inc., a Boulder-based company that is developing a smart fertility sensor, has raised $5 million in a debt offering and named a new CEO.

Hungarian drug company Gedeon Richter PLC said it has underwritten $5 million in convertible notes issued by Prima Temp, following on a $5 million equity investment that the company made in Prima Temp in October 2017.

Richter signed an exclusive license and distribution agreement with Prima Temp at that time to commercialize the PriyaRing device globally, with the exception of the United States and Canada.

PriyaRing is…

A Maryland native, Lucas has worked at news agencies from Wyoming to South Carolina before putting roots down in Colorado.

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