Report: Stealthy Mvalve raises $15M from Boston Scientific
July 7, 2014 by Brad Perriello
Boston Scientific reportedly put down a $15 million investment in Israeli heart valve developer Mvalve Technologies that includes a $200 million buyout option.
Mvalve is developing technology to treat mitral valve regurgitation, according to its LinkedIn profile. Co-founder & CEO Assif Stoffman is an executive vice president with Israeli venture capital fund XT Hitech, which is the sole investor in Mvalve, according to Globes. Read more
Veran Medical nears close of $7.5M round in support of airway imaging
July 8, 2014 by Arezu Sarvestani
Veran Medical Technologies is on the verge of closing yet another fundraising round in support of its electromagnetic airway mapping system, with just about $1 million to go.
This particular round has brought in $6.5 million since November 2013, with 18 unnamed investors listed in a regulatory filing. This adds to nearly $3 million and $5 million announced in January and March of this year. Read more
Gynesonics adds $6M for fibroid device
July 9, 2014 by Brad Perriello
Gynesonics added another $6.3 million to its coffers as it looks to bring the latest iteration of its VizAblate fibroid device to the U.S. market.
Redwood City, Calif.-based Gynesonics’ VizAblate is a minimally invasive device that uses ultrasound imaging and radiofrequency ablation to remove fibroid tumor from the uterus as an alternative to hysterectomy. Read more
Digital health startups already raked in $2.3B this year | MassDevice.com On Call
July 7, 2014 by Arezu Sarvestani
MASSDEVICE ON CALL — Digital health startups in the 1st 7 months of 2014 have already raised more than they did in all of 2013 combined, according to a report from Rock Health.
Health and fitness tech companies have raised $2.3 billion so far this year, compared to $1.97 billion in 2013, a 12-month record at the time. Individual deal sizes also grew 56% to $15.6 million for the 143 companies included in the report. Read more
Cardiac Insight raises $7M
July 9, 2014 by Brad Perriello
Cardiac Insight reported raising $7.1 million of a hoped-for $9.1 million round for its Stealth atrial fibrillation monitoring patch.
The equity round involved 2 unnamed investors, with the 1st sale coming June 26, according to a regulatory filing. Read more