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Funding Roundup

DermaSensor raises $10M as it braces for U.S. launch

June 15, 2022 By Sean Whooley

DermaSensor announced today that it raised an additional $10 million as it prepares for a commercial launch in the U.S. Miami, Florida-based DermaSensor’s $10 million fundraising accompanies news that the company met all primary endpoints for two FDA pivotal studies, setting it up to potentially offer the only FDA-cleared, automated skin cancer detection tool on […]

Filed Under: Business/Financial News, Clinical Trials, Diagnostics, Featured, Food & Drug Administration (FDA), Funding Roundup, Imaging, News Well, Oncology, Regulatory/Compliance Tagged With: dermasensor

Proximie raises $80M Series C for connected surgical platform

June 14, 2022 By Sean Whooley

Proximie announced today that it raised $80 million in a Series C financing round to support its health technology platform. London-based Proximie earmarked the funds to accelerate the development of key products and services, build out its marketplace ecosystem and scale its centralized platform for connected surgical care in the operating room (OR). According to […]

Filed Under: Big Data, Business/Financial News, Digital Health, Electronic Medical Records (EMR), Featured, Funding Roundup, Health Technology, Software / IT, Surgical Tagged With: Proximie

Ablative Solutions raises $91.4M in Series D financing round

June 13, 2022 By Danielle Kirsh

Ablative Solutions today announced it completed the fourth tranche of its Series D financing round and raised $91.4 million. Wakefield, Massachusetts-based Ablative Solutions earmarked the funds to complete the company’s ongoing Target BPI pivotal trial that is evaluating its alcohol-mediated renal denervation procedure. Get the full story on our sister site, Medical Tubing + Extrusion.

Filed Under: Catheters, Funding Roundup Tagged With: Ablative Solutions

Bright Uro launches with combined $6M from seed financing, NIH grant

June 9, 2022 By Sean Whooley

Bright Uro announced its company launch with $6 million in total funding, including a grant from the National Institutes of Health (NIH). Aliso Viejo, California-based Bright Uro aims to transform care for lower urinary tract symptoms (LUTS) with innovations in urodynamics. The company pulled in $4 million in seed financing from Academy Investor Network, surgical […]

Filed Under: Business/Financial News, Funding Roundup, Urology Tagged With: Bright Uro

DarioHealth closes $50M loan facility with OrbiMed

June 9, 2022 By Sean Whooley

DarioHealth (Nasdaq:DRIO) announced today that it closed a senior secured term loan facility worth up to $50 million. OrbiMed, a leading healthcare investor, will provide non-dilutive capital to fund the continued development of New York-based DarioHealth’s digital health platform for managing chronic diseases, including diabetes. Get the full story at our sister site, Drug Delivery Business News.

Filed Under: Business/Financial News, Diabetes, Digital Health, Funding Roundup, Health Technology, Software / IT Tagged With: DarioHealth Corp, OrbiMed

Corvia Medical closes $54M financing to support atrial shunt

June 9, 2022 By Sean Whooley

Corvia Medical announced today that it closed a $54 million equity financing from its existing investor syndicate. Tewksbury, Massachusetts–based Corvia Medical earmarked the funds to support a confirmatory trial to build upon data and learnings from the clinical trial of its Corvia atrial shunt in heart failure patients with preserved (HFpEF) or mildly reduced HFmrEF […]

Filed Under: Business/Financial News, Cardiac Implants, Cardiovascular, Featured, Funding Roundup, News Well, Structural Heart Tagged With: Corvia Medical

Medtech startups land European Innovation Council Accelerator funding

June 8, 2022 By Jim Hammerand

European medtech startups were among the 74 companies receiving a combined €382 million in grants and investments, the 2022 European Innovation Council Accelerator said this week. Each company will be eligible for up to €17.5 million (about $18.8 million in U.S. currency) worth of grants and equity investments. Most of the funding will be available […]

Filed Under: Blog, Funding Roundup Tagged With: European Innovation Council, European Innovation Council Accelerator, Seventh Sense, startups, Tilt Biotherapeutics

Moon Surgical raises $31.3M for robotic surgery system

June 7, 2022 By Chris Newmarker

Moon Surgical (Paris and San Francisco) announced today that it has raised $31.3 million in Series A funding to expand its team and accelerate the development of its Maestro robotic surgery system. GT Healthcare Capital & Partners led the round. There was also participation from  Johnson & Johnson Innovation – JJDC, Cathay Health — and […]

Filed Under: Business/Financial News, Featured, Funding Roundup, News Well, Robotics, Surgical Tagged With: GT Healthcare Capital & Partners, Johnson & Johnson, Johnson & Johnson Innovation, Moon Surgical, robot-assisted, Robotic Surgery

MedTech Innovator names 50 startups in cohort for 2022 accelerator program

June 7, 2022 By Sean Whooley

MedTech Innovator today announced 50 medical device startups that were chosen to participate in the organization’s accelerator program. The organization’s flagship, four-month accelerator program supports startups around the world with innovative medical device, diagnostic and digital health technologies. The startups selected for the 2022 cohort will receive visibility and access to leading medtech manufacturers, providers, […]

Filed Under: Business/Financial News, Featured, Funding Roundup Tagged With: Medtech Innovator

Diabeloop raises $74.9M Series C

June 2, 2022 By Sean Whooley

Diabeloop announced today that it raised approximately $74.9 million (€70 million) in a Series C financing round. LBO France, a private equity player, led the financing round, while Terumo — with which Diabeloop has partnered since 2020 — also participated in the round. Get the full story at our sister site, Drug Delivery Business News.

Filed Under: Big Data, Business/Financial News, Diabetes, Drug-Device Combinations, Funding Roundup, Health Technology, Patient Monitoring, Software / IT Tagged With: Diabeloop

AccuPulse raises $10M Series A

May 25, 2022 By Sean Whooley

AccuPulse Medical Technology announced that it recently raised more than $10 million in a Series A funding round. Shenzhen Qianhai Capital led the funding round, with Shanghai Biomedical Industry Equity Investment Fund and Yuanbio Ventures jointly investing. AccuPulse develops electrophysiology technology designed as a one-stop solution to treat cardiac arrhythmias, especially atrial fibrillation. Its product […]

Filed Under: Business/Financial News, Cardiovascular, Catheters, Funding Roundup, Vascular Tagged With: AccuPulse

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