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.
PMC Capital Acquires the Assets of Ransom & Randolph Company from Dentsply Sirona
PMC Capital notes that Ransom & Randolph Company, is a leading mission-critical manufacturer and supplier of specialty consumables to the global investment casting industry.
Moray Medical Secures $3.3 Million Seed Financing Led by 415 CAPITAL
Moray Medical notes the funding was led by 415 Capital, which invested alongside a number of prominent medtech entrepreneurs.
Elcam Medical Joins Serenno Medical as Strategic Investor and Manufacturer of its Automatic Monitoring of Kidney Function Device
Elcam Medical join existing investors Alon Medtech and serial medical device inventor, entrepreneur and investor, Dr. Shimon Eckhouse.
Endo Tools Therapeutics Secures €8 million ($9.5M) in Series D Funding
The funding will be used to submit a regulatory marketing submission for its medical devices to the Food and Drug Administration in the US for soft tissue approximation.
NeuroOne Medical Technologies News: Corporation Closes $12.5 Million Private Placement
NeurOne Medical Technologies Dave Rosa, President, and CEO says, "The completion of this financing led by sophisticated institutional investors with substantial experience investing in medical device technologies represents another major milestone and validation for the Company.
Fujifilm and the Center for Advanced Biological Innovation and Manufacturing Secure $76M in Funding
Fujifilm notes the Center for Advanced Biological Innovation and Manufacturing will advance research and development in cell and gene therapy, gene editing, immunotherapy, and biotechnology.
Promaxo Raises $4.17M – To Accelerate Data Strategy
Funds will help accelerate its data strategy as it continues to incorporate artificial intelligence in imaging and image-based interventions.
Runway Growth Capital Announces a Senior Secured Term Loan of $50 Million to VERO Biotech
Runway Growth Capital, in the past two quarters, has announced the closing of three life sciences sector deals totaling $130 million in aggregate; VERO Biotech joins Gynesonics and Intact Vascular in Runway's life sciences portfolio.
Noctrix Health, Inc. Completes $17M Series B Financing
The financing was co-led by Treo Ventures and OrbiMed, with participation from LivaNova PLC (NASDAQ: LIVN) and other insiders.
Medical Device News Magazine