Category: Funding Roundup
Manny Villafana, who founded St. Jude Medical and Kips Bay Medical, joins a last-gasp, $3 million funding round for Kips Bay.
Here's a look at some of the top legal news stories for medical device companies this week: Osprey Medical fishes up $11m private placement; OrthoSensor closes $19m Series C round; Diabetes: Medtronic joins $44m round for Semma Therapeutics
Medtronic gets in on a $44 million Series A round for Semma Therapeutics, which is developing a cell therapy-device treatment for Type 1 diabetes.
Osprey Medical says it raised a private placement worth about $11 million for its Avert device to prevent contrast-induced nephropathy.
OrthoSensor says it closed a Series C funding round worth $19 million for its Verasense knee implant technology.
OrthoSensor said today that it closed out a $19 million Series C round it plans to use to commercialize its Verasense knee implant technology.
Dania Beach, Fla.-based OrthoSensor said Bridger Healthcare and the Tullis Growth Fund participated in the round.
Here's a look at some of the top legal news stories for medical device companies this week: Diabetes: Medtronic gets in on $17m Series B for Glooko; Pegasus Therapeutics looks to Indiegogo for pediatric aneurysm device; Svelte Medical adds $16m for wrist-delivered stent
Svelte Medical Systems, which is developing a wrist-delivered stenting system, says it added $16 million to its coffers.
Svelte Medical Systems today said it plans to use the $16 million it just raised to commercialize its wrist-delivered stenting technology.
New Providence, N.J.-based Svelte said the round involved current investors and was led by CNF Investments, the West Health Investment Fund and New Science Ventures.