Cognitive healthcare software developer ForeSee Medical has raised approximately $3.8 in a new round of equity financing, according to a recently posted SEC filing. The San Diego-based company is developing cognitive software intended to improve healthcare workflows, including the ForeSee ESP patient registry architecture system and the Predictor decision support technology, according to its website. […]
Funding Roundup
Underwriters pick up $2m option in Sensus Healthcare offering
Sensus Healthcare (NSDQ:SRTS) said last Friday it fully exercised an underwriter’s option for a recent round of funding, bringing in an additional $2.3 million. The Boca Raton, Fla.-based company said it sold approximately 330,882 shares at $6.80 per share as part of the 30-day underwriter’s option, bringing in total gross proceeds of approximately $17.3 million before […]
Si-Bone registers for $98m IPO
Si-Bone yesterday registered for an initial public offering, looking to bring in approximately $97.8 million, according to an SEC filing. The Santa Clara, Calif.-based company said that it plans to list on the Nasdaq Global Market under the ticker symbol “SIBN.” Morgan Stanley and BofA Merrill Lynch are acting as joint book-running managers for the IPO, […]
Alydia Health raises $10m in Series B
Alydia Health, formerly known as InPress Technologies, said today it closed a $10 million Series B financing round to help support its technology platform designed to prevent maternal morbidity and mortality caused by postpartum hemorrhage. The round was led by the Global Health Investment Fund and joined by Astia Angles and other existing investors. As […]
FDA puts $7m into L.A. pediatric devices consortium
The FDA awarded a $6.6 million, five-year grant to the West Coast Consortium for Technology and Innovation in Pediatrics to help support the continued development of advanced pediatric medical products, according to a press release from the group. The consortium, based out of the Children’s Hospital Los Angeles and the University of Southern California, touted […]
Former CMS admin Slavitt’s Town Hall Fund closes $115m healthcare fund
Town Hall Ventures, a healthcare-focused investment firm co-founded by former Centers for Medicare and Medicaid Services head Andy Slavitt, said today that it closed its first fund at $115 million. The investment firm, which was formed in May, said that the $115 million it raised exceeded its target size by more than 50%. The firm […]
SFC Fluidics wins $1.4m grant to develop dual-hormone patch pump
SFC Fluidics said today that it won a $1.4 million grant to support the development of a dual-hormone patch pump for people with diabetes. The company’s ePump system is designed to control the delivery of insulin and glucagon via a small patch pump. The technology will also feature a flow confirmation sensor to determine, in real-time, […]
SpineEx registers $17m IPO
SpineEx this week registered for an initial public offering worth $17 million for the expandable spinal cage technology it’s developing. Fremont, Calif.-based SpineEx applied for 510(k) clearance from the FDA in June for the Sagittae cage implant and said it hopes to win the regulatory nod by the end of the year. If the Sagittae […]
Medtech pioneer Rowe, Deerfield launch $275m medical device incubator
A medtech pioneer, Stanton Rowe, and investment firm Deerfield Management said today that they’re going in on a medical device incubator backed by $275 million from the investment firm, with Rowe as CEO. The Irvine, Calif.-based NXT Biomedical incubator plans to spend $25 million over the next five years on “cutting-edge technologies” designed to address unmet needs, with […]
Mobius Imaging raises $25m
Mobius Imaging has raised $25 million in a new round of equity financing, according to a recently posted SEC filing. Money in the round came from only two unnamed investors, with the date of the first sale noted on June 15, according to the filing. Mobius Imaging has not yet commented on the round, or how […]
Ra Medical sets range for $50m IPO
Ra Medical yesterday set the terms for its forthcoming initial public offering, which would fetch $50 million at the midpoint. The Carlsbad, Calif.-based company said it plans to float 3.3 million shares at $14 to $16 apiece, for gross proceeds of $46.7 million to $53.3 million. At the midpoint the flotation would gross $50.0 million, according […]