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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.
CorVent Medical Closes $4.5M Seed Financing
CorVent Medical notes the financing round is led by the prominent European life sciences venture capital firm Sofinnova Partners with participation from others.
LaunchPad Medical Wins a $2.5 Million NIH Grant to Improve Cranial Procedures
LaunchPad Medical notes the clinical use of this product is expected to enhance bone healing, reduce infection rates, and improve the cosmetic outcome of these procedures for patients while eliminating the need for metal fixation hardware.
Altoida Secures Investment from Hikma Ventures to Drive Better Clinical Outcomes for Brain Diseases
Altoida reports the FDA-cleared and CE Mark-approved medical device and brain health data platform detects Alzheimer's Disease (AD) up to ten years prior to onset - with up to 94% accuracy.
Mojo Vision Raises Additional $51 Million+ in Series B-1 Round
This new round brings Mojo Vision’s total funding to date to more than $159 million.
AtaCor Medical Secures $25M Financing to Continue Extracardiac Pacing Development
AtaCor Medical notes the investment supports efforts to reach US and EU regulatory clearances for AtaCor’s novel extracardiac temporary pacing system as well as development efforts for additional extracardiac therapies.
Scopio Labs Closes $16 Million Series B Round to Expand Commercial Rollout of Automated Microscopy Solutions
The company is propelling microscopy into the digital age. Its platform automates the imaging of full microscopy samples into uniquely high-resolution digital scans using cutting-edge computational photography techniques.
RefleXion Medical Raises $100 Million
RefleXion Medical said existing investors include, TPG’s The Rise Fund, KCK Group, Sofinnova Partners, Venrock, T. Rowe Price, and global pharmaceutical leaders, Pfizer Ventures and Johnson & Johnson Innovation, JJDC Inc., all participated in the round.
MicroPort CardioFlow Completes Raising New Round of Funds
The introduction of 7 prominent strategic investors, who are CPE, Hillhouse Capital Management, Ltd., Lake Bleu Capital, Gamnat, China Reform Conson Soochow Overseas Fund I L.P., Gortune Artemis Limited, and 3H Health Investment Fund I, L.P., raised approximately US$130 million reports MicroPort CardioFlow.
VIDA Diagnostics Completes Second Close Of Round C Financing
This investment augments an $11M investment round last month led by First Analysis Corporation and will further fuel the development and commercialization of VIDA Diagnostics innovative solutions to impact patient care for both traditional respiratory diseases as well as emergent COVID-19 conditions.