Category: Funding Roundup
Here's a look at some of the top legal news stories for medical device companies this week: Wearable Intelligence raises $8M for healthcare Google Glass; Healthsense expands with $10M for remote monitoring; Advanced Catheter Therapies boosts funding to $4.5M amid high interest; Funding: Medtech VC jumps in Q2, but not for early-stage companies; Advanced Cooling Therapy secures $1.5M for temperature management
Utah incubator Surgical Frontiers plans to invest in musculoskeletal startups with its new $7 million fund.
Surgical Frontiers is looking to make investments in young musculoskeletal technology companies with the $7 million fund it just secured.
The company has already promised some of the cash to 3 portfolio companies with orthopedic technologies in foot & ankle, sports medicine and trauma, the company said.
Exo-suit maker ReWalk Robotics boosts its max offering price and epilepsy NeuroSigma registers for a $50 million initial public offering.
Two medical device makers are preparing initial public offerings for the coming weeks, breaking up a spree of biotech IPOs that have dominated the market.
Total venture capital dollars invested in medical device companies jumped more than 20% during the 2nd quarter, but early-stage companies are still out in the cold.
Life science venture capital funding saw a major boost in the 2nd quarter as public markets smiled on biotech companies, but medical device makers saw a significant boost of their own – as long as they weren't early-stage firms.
Advanced Cooling Therapy plans full commercial launch after closing its $1.5 million funding round.
Chicago-based Advanced Cooling Therapy is planning to break onto the market now that it's closed a $1.5 million Series A funding round.
ACT is building up to full commercial launch of its Esophageal Cooling Device, which has approval from European and Canadian regulators. The device is not yet cleared for the U.S.
Texas-based mobile health company AirStrip aims to expand into home care and to boost its global presence with $25 million raised from new and existing investors.
AirStrip is looking to broach some new ground with the $25 million it just raised in support of its mobile healthcare technologies.
The Texas company plans to expand into home health, boost internationalization efforts and pursue some new analytics partnerships in combination with advancing its flagship AirStrip One platform.
Advanced Catheter Therapies expands its Series B funding round to $4.5 million after surpassing its original $3 million mark.
Tennessee-based medical device maker Advanced Catheter Therapies pushed the cap on its Series B funding round after generating more interest that it expected.
The company is now looking to raise $4.5 million where it had previously sought $3 million in support of its catheter-based endovascular drug delivery technology.