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NeuWave Medical raises more than $25 million | Medtech funding for the week of May 25, 2015

May 29, 2015 by MassDevice

Here's a look at some of the top legal news stories for medical device companies this week: NeuWave Med raises $25m; Medtech funding in today's environment; Medtech trio sets $297m offering terms; AirXpanders plans $28m IPO Down Under; ClarVista raises $14m Series B round

UPDATE: NeuWave Med raises $25m

May 28, 2015 by Mark Hollmer

NeuWave Med raises $25m

UPDATE: NeuWave Med raises $25m

May 28, 2015 by Mark Hollmer

NeuWave Medical raised more than $25 million in equity financing as it works to advance the market for its microwave ablation tumor removal tool.

NeuWave Med raises $25m

UPDATED May 28, 2015, with details on investors, comment from management.

NeuWave Medical – developer of a microwave ablation tumor removal tool – pulled in more than $25.3 million in a Series C round led by Versant Ventures.

NeuWave Medical zeros in on $19M in equity financing

July 31, 2013 by Sony Salzman

NeuWave has $5 million left to raise before hitting its target in a hoped-for $19 million funding round.

Funding roundup

Wisconsin medical device maker NeuWave Medical is more than halfway to wrapping up a hoped-for $19 million equity funding round, with $14 million in the bank so far and 22 accredited investors, according to an SEC filing.

The new filing offered more details on a fundraising round that began almost 1 year ago. As of yesterday, the ablation device company has about $5 million left to go to top off the fund-raise.

Funding: Medical device companies raise $70M | Wall Street Beat

September 5, 2012 by MassDevice staff

Four medical device companies raise more than $70 million recently, with investors backing technologies ranging from a laser scalpel to a pancreatic stent. Wall Street Beat

Four medical device companies reeled in more than $70 million in recent weeks, to develop technologies including a laser scalpel for minimally invasive surgeries, a peripheral vessel stapler, a thermal ablation system and a biliary stent.

Cambridge, Mass.-based OmniGuide led the charge with a $35 million round from Orbimed Advisors. OmniGuide chairman Yoel Fink told in 2010 that the device uses the mirror technology he pioneered at the Mass. Institute of Technology in the 1990s.