FUNDING

Electroducer Reports Major Medical Advance in RX of Heart Valve Disease. Company Raises €3 Mil to Market Its Device in Europe and the USA Commencing...

The Electroducer Sleeve is a device with no equivalent anywhere in the world. It is based on a medical technique called Direct Wire Pacing (DWP®), which was invented by the company’s founder, Dr. Benjamin Faurie, and used for the first time ever in 2011.

Lazurite, Formally Indago Announces $10 Million Financing Close

The company plans to submit its 510(k) premarket notification in late 2021 and expects to receive FDA approval to launch the product in the first half of 2022.

Bioventus Invests in Vaporox

Ultrasound technology to heal diabetic foot ulcers.

Otolith Labs Announces Closing of $3.3 Million in Seed Financing; Receives “Breakthrough Device” Designation from FDA for Its Prescription Treatment for Vertigo

Investors include Mark Cuban; founders of three companies acquired by large strategics; and four leading ENTs.

Bioretec Completes 7.2 M€ Equity Funding Round

The company focuses to the registration and commercialization of RemeOs™ trauma screws.

NuvoAir Raises $12M in Series A Funding to Improve the Care of Millions Suffering From Lung Conditions

To date, NuvoAir has partnered with providers across the U.S., U.K. and Europe, including Harvard Boston Children's Hospital, New Hampshire's Dartmouth-Hitchcock Medical Center, Royal Brompton Hospital, King's College Hospital in London, as well as pharmaceutical giants Roche, Regeneron and Novartis.

Trudell Medical Group Makes a Strategic Investment in Xenocor

In addition, George Baran, Chair of the Trudell Medical Group will join the Xenocor board.

Veranex Announces Investment From Summit Partners to Form Comprehensive Concept-to-Commercialization Medtech Services Company

As the first phase in building this global entity, Veranex has acquired three complementary solution providers: Ximedica, Quartesian, and Boston Healthcare Associates. By bringing these companies together, Veranex combines the industry’s key pillars of design and engineering, regulatory, clinical, and market access into a single-source solution.

BASMA.com Raises a $3M Series A Round to Scale Up Its Health Tech Platform in the MENA

The UK-based, MENA focused, startup BASMA.com closed $3M in its Series A round of funding led by MEVP with the participation of SOSF, IM capital and returning investors iSME, Cedar Mundi Ventures and IFA capital.
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