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 […]
Funding Roundup
Proximie raises $80M Series C for connected surgical platform
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 […]
Ablative Solutions raises $91.4M in Series D financing round
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.
Bright Uro launches with combined $6M from seed financing, NIH grant
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 […]
DarioHealth closes $50M loan facility with OrbiMed
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.
Corvia Medical closes $54M financing to support atrial shunt
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 […]
Medtech startups land European Innovation Council Accelerator funding
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 […]
Moon Surgical raises $31.3M for robotic surgery system
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 […]
MedTech Innovator names 50 startups in cohort for 2022 accelerator program
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, […]
Diabeloop raises $74.9M Series C
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.
AccuPulse raises $10M Series A
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 […]
