Kidney stone removal technology developer Calyxo announced today that it closed a $32.7 million Series C financing round. Pleasanton, California–based Calyxo develops the CVAC Aspiration system designed to use irrigation and aspiration to remove kidney stones with the goal of a surgically stone-free outcome. According to a news release, Questa Capital and CRG led the […]
Funding Roundup
RefleXion closes $125M debt facility
Biology-guided radiotherapy (BgRT) technology developer RefleXion Medical announced today that it closed a $125 million debt facility. Hayward, California–based RefleXion has $55 million of the $125 million total available immediately to repay its existing $50 million in debt. The remaining $70 million will be made available upon the achievement of certain regulatory and commercial milestones. […]
Visby Medical raises $135M in expanded Series E
Visby Medical announced today that it added $35 million to an expanded, oversubscribed Series E financing round. San Jose, California–based Visby plans to use the additional investment, which brings its Series E to $135 million in total, to scale production capacity, expand its product menu to include respiratory health tests and anti-microbial resistance panels and […]
Advanced NanoTherapies closes $7.2M Series A for drug-coated balloon
Advanced NanoTherapies announced today that it closed an oversubscribed Series A equity financing round. Los Gatos, California-based Advanced NanoTherapies, which develops the SirPlux Duo drug-coated balloon (DCB) for treating de novo coronary artery disease (CAD) lesions, has now raised $12.5 million in total since September 2020. Get the full story at our sister site, Drug […]
Centerline Biomedical raises $33M Series B
Centerline Biomedical announced that it closed a $33 million Series B equity financing, led by Cleveland Clinic. GE Healthcare, RIK Enterprises, JobsOhio, Jumpstart Ventures and G2 Group Ventures all participated in the financing, which will be used to help propel the Cleveland-based company into new surgical applications, accelerate its commercial sales and add to its […]
Elucid raises $27M for heart disease diagnosis software
Elucid announced that it closed a Series B financing round with proceeds totaling $27 million. Boston-based Elucid’s Series B round was led by an undisclosed strategic investor. A new investor, Biovision Ventures, participated, as did existing investors MedTex Ventures, IAG Capital, Bold Brain Ventures and BlueStone Venture Partners. Elucid designed its FDA-cleared and CE-marked software […]
BioSig expects to raise $3.5M from public offering
BioSig Technologies (Nasdaq:BSGM) announced today that it priced a previously announced public offering at $3.5 million. Westport, Connecticut–based BioSig’s best efforts, underwritten public offering totals up to 4,666,667 shares of its common stock, $0.001 par value per share, at a price to the public of $0.75 per share, bringing the gross proceeds to $3.5 million. […]
Abbott Fund grants $750k to education, health equity program
Easterseals announced that it received a $750,000 grant from the Abbott Fund to pilot the Project on Education and Community Health Equity. The grant will fund the project from now through 2025, with the three-year initiative aimed at addressing systemic barriers to high-quality education and healthcare experienced by children and families in underserved communities. According […]
Florence Healthcare raises $27M for clinical trial software
Florence Healthcare announced today that it completed a Series C-1 funding round with proceeds reaching $27 million. Atlanta-based Florence Healthcare, a developer of clinical trial software designed to provide the digital link between clinical trial sites, sponsors and CROs, has now raised $114.1 million to date. The company said in a news release that the […]
Artio Medical adds $28M in oversubscribed Series A
Artio Medical announced that it picked up an additional $28 million in an oversubscribed financing round. The oversubscribed Series A2 and Series A3 financings bring the Prairie Village, Kansas-based company’s total amount raised in the round to $74 million. According to a news release, Artio Medical plans to use the funds to support its U.S. […]
Onkos Surgical raises $26.5M
Surgical oncology device maker Onkos Surgical today filed an amendment to an SEC Form D confirming the sale of $26.5 million in equity. The equity offering had its first sale on Aug. 31, 2021 and today reached $26,500,001. That leaves no amount remaining to be sold. According to the amended SEC Form D, 16 investors […]