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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.
Adona Medical, A Shifamed Portfolio Company, Closes $22M In Series A Financing
Adona Medical notes the financing was led by Cormorant Asset Management, with participation from Excelestar Ventures, AMED Ventures, and select angel investors, and included previous debt investments that converted to preferred shares.
Vessi Medical Secures $1.7 Million in Funding for Its Cryoablation Solution for Superficial Bladder Cancer
Vessi Medical reports their minimally invasive ablation solution for superficial bladder cancer (or non-muscle invasive bladder cancer – "NMIBC") is expected to improve the quality of life for many of the two million people globally suffering from NMIBC.
Vaxess Technologies Awarded a Contract from BARDA 2020: Funding to Support the Design and Development of the MIMIX™ Smart Release Patch Platform
MIMIX™ Smart Release Patch platform technology provides a solution to vaccine global distribution and delivery.
WaveFront Dynamics Announces First Close of a $3 Million Series A Financing Round
WaveFront Dynamics today announced the first close of a $3 million Series A financing round. The round was led by new investor Tramway Venture...
MedShape Secures $2.6M DOD Development Grant for Novel NiTiNOL Dynamic Compression Devices
Medshape reports the funding award from PRMRP includes $2.6M to complete the research milestones over the next 3 years.
Rimsys Secures $1.5 Million Investment
“Complex regulatory challenges create barriers that delay product time-to-market, stall revenue growth and increase exposure to compliance risks for even the most experienced MedTech companies, said James Gianoutsos, founder & president of Rimsys.
InnovHeart Closes Series B Financing of $24 Million
InnovHeart s.r.l., reports proceeds from the financing will be used to complete the First-in-Human clinical evaluation of the company’s unique Saturn TMVR system using a trans-apical approach.
Fractyl Raises $55 Million in Series E Financing
Fractyl reports financing was led by new investor Taiwania Capital Management Corporation and included returning investors Bessemer Venture Partners, General Catalyst, Domain Associates, Mithril Capital Management, Emergent Medical Partners, True Ventures, and GV. New investors, Catalio Capital Management, CDIB Venture Capital Corp., and YJ Capital, also participated in the round. Michael Huang, Managing Partner at Taiwania, will join Fractyl’s Board of Directors in conjunction with the financing.
Conformal Medical Gets $85M in Series C Financing
Funds will be used to support the company's U.S. pivotal trial of its novel CLAAS® Technology, a next-generation solution for sealing the left atrial appendage in patients with atrial fibrillation.