Renovacare Inc., of Scottsdale, Ariz., disclosed an equity financing of $15.5 million from Kalen Capital Corp., the family office of Harmel S. Rayat, majority shareholder and company chairman. That increases his family office's total equity investment in Renovacare since 2013 to more than $20 million. The company is developing the regenerative Skingun technology, an autologous stem cell system designed to spray a liquid suspension of a patient's stem cells onto wounds such as burns, chronic and acute wounds and scars.