Ninox Medical Ltd. announced that it will receive $10 million in a round of funding on March 29, 2015. The round will include participation from existing investor Xenia Venture Capital Ltd along with leading Israeli and overseas funds. The round will take place in two tranches. Xenia will invest $0.25 million in both the tranches.

On the same day, the company received $5 million in funding. The company will receive remaining $5 million on completion of the certain milestones.