Topera said a new backer, New Enterprise Assoc., led a $25 million Series C round first reported by MassDevice.com last month, with an unnamed "strategic industry partner" joining the round.
Funding Roundup
Funding: Cervel Neurotech raises $14.1M for drug-free brain-stimulation depression therapy
Privately held Cervel Neurotech raised $14.1 million in support of its technology-based therapy for depression, pain and other conditions, according to a company announcement.
Medtech funding: Watermark Medical raises $32.2 million
Watermark Medical reported raising $32.2 million of a hoped-for $34.2 million funding round, according to a in an April 9, 2013, regulatory filing:
Company: Watermark Medical Inc.
Raise: $32.2 million
Security: Equity
Investors: 20
Sales Commission: $0
Finders’ Fees: $0
InspireMD raises $23M for MGuard stent | Wall Street Beat
Report: Medtech investments take a downward turn in Q1
Medical device industry venture capital investment dropped 20% in dollars in Q1, with 10% fewer deals reported compared with Q4 2012, according to a new funding report.
Medtech funding: Life Image raises $15 million
Updated April 19, 2013 at 8:00 p.m. PST to reflect that the company’s SEC filing was incorrect.
Life Image Inc. reported raising $15 million:*
Company: Life Image Inc.
Raise: $15 million
Security: Equity
Investors:15
Sales Commission: $0
Finders’ Fees: $0
Women’s health cancer diagnostics company DySIS Medical raises $9.7M
Women’s health company DySIS Medical touted a $11.3 million (£7.4 million) fundraising round in support of its diagnostic devices.
The Scotland-based medical device maker hopes to expand market reach in Europe and the U.S. for its DySIS colposcope, an imaging device that painlessly assesses the condition of the cervix. The device already has CE Mark as well as regulatory approval from the FDA.
Medtech funding: Harbor Medtech raises $2.2 million
Harbor Medtech reported raising $2.2 million in a March 8, 2013, regulatory filing:
Company: Harbor Medtech
Raise: $2.2 million
Security: Equity, Options & Warrants
Investors: 24
Sales Commission: $0
Finders’ Fees: $0
Medtech funding: Ultrasound Medical Devices raises $1.5 million
Ultrasound Medical Devices reported raising $1.5 million in a Feb. 5, 2013, regulatory filing:
Company: Ultrasound Medical Devices
Raise: $1.5 million
Security: Equity, Debt, Options & Warrants
Investors: 28
Sales Commission: $0
Finders’ Fees: $0
Medtech funding: Entourage Medical Technologies raises $3.3 million
Entourage Medical Technologies reported raising $3.3 million million in a Feb. 7, 2013, regulatory filing:
Company: Entourage Medical Technologies
Raise: $3.3 million
Security: Equity, Options & Warrants
Investors: 21
Sales Commission: $0
Finders’ Fees: $0
Medtech funding: Cadence Biomedical raises $1.3 million
Cadence Biomedical reported raising $1.3 million in a Feb. 28, 2013, regulatory filing:
Company: Cadence Biomedical
Raise: $1.3 million
Security: Equity, Options & Warrants
Investors: 48
Sales Commission: $0
Finders’ Fees: $0