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Home » 4C Medical pulls in $8m

4C Medical pulls in $8m

October 3, 2019 By Sean Whooley

4c Medical4C Medical Technologies secured more than $8 million in an equity offering it hopes will reach the $20 million mark.

The Maple Grove, Minn.-based company raised nearly $8.2 million in the offering, with $11.8 million remaining to be sold, according to an SEC Form D filed today.

Forty-five unnamed investors have contributed to the offering. The first sale came Sept. 25.

In September 2018, 4C Medical announced that it raised a $17 million Series A round for the AltaValve transcatheter mitral valve replacement device it’s developing.

The AltaValve TMVR is designed to preserve the native mitral valve and left ventricle by using supra-annular, atrial-only fixation.

Filed Under: Cardiovascular, Catheters, Featured, Funding Roundup, Replacement Heart Valves Tagged With: 4cmedical

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About Sean Whooley

Sean Whooley is an associate editor who mainly produces work for MassDevice, Medical Design & Outsourcing and Drug Delivery Business News. He received a bachelor's degree in multiplatform journalism from the University of Maryland, College Park. You can connect with him on LinkedIn or email him at [email protected].

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