Medi-Tate Ltd. announced that it has received $2 million in its second round of equity funding on May 4, 2015. The transaction will include participation from existing investor, Xenia Venture Capital Ltd and private investors. After the completion of the transaction, Xenia Venture Capital Ltd will hold 22.25% stake in the company on fully diluted basis.

The company has raised $6 million in funding till date.