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FUNDING
Medical device and diagnostics companies are always looking for ways to improve their products and services. In the ever-changing landscape of the healthcare industry, it’s essential for these companies to stay ahead of the curve. That’s why funding is always news.
Series A, B, and other rounds of funding are essential for medical device and diagnostics companies. They provide the necessary capital to help these businesses grow and innovate. And with so many investors interested in this space, there are plenty of opportunities for companies to secure the funding they need.
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.
Garwood Medical Devices Concludes its Third Round of Funding (Raised an Additional $4M)
Garwood Medical has now raised $11.4 million, including $3.8 million in the Series B round, which closed October 2019 and was over-subscribed by $800,000. The company raised an initial $3.6 million during the company's Series A financing round, which closed in September 2016. Funds raised will continue to support pre-clinical testing.
FineHeart Raises €15 million Series B Funding
The First In Human implantation of the ICOMS FLOWMAKER® is assured following this financing.
Myra Vision, A Shifamed Portfolio Company, Closes $17M In Series A Financings
The financings were led by The Capital Partnership, with participation from Cormorant Asset Management and Shifamed angel investors. In conjunction with the financing, the company has changed its name to Myra Vision, Inc. from Myra Medical, Inc.
