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Funding Roundup

OncoRes Medical raises another $12.5M

May 19, 2022 By Sean Whooley

OncoRes Medical announced that it raised $12.5 million for its handheld imaging device for identifying cancer cells. Perth, Western Australia-based OncoRes designed its imaging system to facilitate real-time tumor assessment, helping surgeons more accurately identify and remove cancerous tissue, including for breast cancer. The company won FDA breakthrough device designation in October 2020 for the […]

Filed Under: Business/Financial News, Clinical Trials, Funding Roundup, Imaging, Mammography, Oncology Tagged With: OncoRes Medical

ApiJect picks up $111M investment from Royalty Pharma, Jefferies

May 18, 2022 By Sean Whooley

Injection delivery system developer ApiJect announced today that it completed a private investment round worth $111 million. Royalty Pharma and Jefferies Financial Group led the investment round. Jefferies also acquired a revenue interest in addition to equity through the financing. Get the full story at our sister site, Drug Delivery Business News.

Filed Under: Business/Financial News, Drug-Device Combinations, Funding Roundup, Pharmaceutical Tagged With: ApiJect

Vivasure raises $23M initial Series D tranche; could reach up to $54M

May 17, 2022 By Sean Whooley

Vivasure Medical announced today that it closed the first tranche — worth $23 million — of its Series D financing round. Galway, Ireland-based Vivasure’s $23 million (€22 million) fundraising tranche could make up a chunk of the Series D that could reach up to $54 million (€52 million) in total. According to a news release, […]

Filed Under: Business/Financial News, Cardiovascular, Catheters, Featured, Funding Roundup, News Well, Replacement Heart Valves, Structural Heart, Surgical, Vascular Tagged With: Vivasure, Vivasure Medical

DermaSensor wins MedTech Innovator Mid-Stage Companies Pitch Event

May 13, 2022 By Chris Newmarker

DermaSensor Inc. — the creator of a handheld, point-and-click device to quickly assess skin lesions for cancer risk — is the winner of the MedTech Innovator Mid-Stage Companies Pitch Event. The Miami-based mid-stage company beat out 1,000 applicants, more than 20 of which competed on-site May 10–11, 2022 at DeviceTalks Boston. DermaSensor walked away with […]

Filed Under: Business/Financial News, Diagnostics, Digital Health, Featured, Funding Roundup, News Well, Oncology, Orthopedics, Patient Monitoring Tagged With: dermasensor, DeviceTalks Boston, Medtech Innovator, Phagenesis, RevBio, Sotera Wireless

Abbott partners with Women as One to help more underrepresented clinicians lead trials

May 12, 2022 By Sean Whooley

Abbott (NYSE:ABT) announced that it is working with Women as One to launch a new physician training program. The partnership aims to train more female and underrepresented physicians to pursue clinical trial research and to help recruit clinical trial participants from historically underrepresented groups. Women as One is a nonprofit organization with a mission to […]

Filed Under: Business/Financial News, Cardiovascular, Clinical Trials, Funding Roundup Tagged With: Abbott

Device commercialization platform AcuityMD raises $31M Series A to fund R&D engineer hiring

May 12, 2022 By Jim Hammerand

AcuityMD said today it has raised $31 million in Series A funding for its medical device commercialization platform. “With our new funding, we plan to double down on R&D by growing our engineering team from 15 to over 40 over the next year,” AcuityMD co-founder and CEO Michael Monovoukas said in a blog post. “We’ll […]

Filed Under: Blog, Business/Financial News, Featured, Funding Roundup, News Well, Research & Development, Software / IT Tagged With: Acuity MD

GE Healthcare to invest $50M in Pulsenmore to enter homecare segment

May 12, 2022 By Sean Whooley

GE Healthcare (NYSE:GE) announced today that it entered into an agreement to invest up to $50 million toward homecare ultrasound technology. Chicago-based GE Healthcare’s investment in Israel-based startup Pulsenmore aims to accelerate the global adoption of Pulsenmore’s homecare ultrasound solutions and will also back the company’s efforts to garner FDA clearance and expand commercially. On […]

Filed Under: Business/Financial News, Featured, Funding Roundup, Health Technology, Imaging, Software / IT, Ultrasound Tagged With: GE Healthcare, Pulsenmore

Oncological digital therapeutics company Fosanis raises more than $10.5M

May 9, 2022 By Sean Whooley

Fosanis announced today that it closed a Series A funding round worth more than $10.5 million (€10 million). Berlin, Germany-based Fosanis, which develops prescription digital therapeutics for all oncological indications, picked up investments from existing shareholder Ananada Impact Ventures, as well as new investors Debiopharm Innovation Fund, Ship2B Ventures and Equity Pitcher. According to a […]

Filed Under: Business/Financial News, Digital Health, Featured, Funding Roundup, Health Technology, News Well, Oncology, Software / IT Tagged With: Fosanis

Manufacturing matchmaker Fictiv raises $100M for supply chain push

May 5, 2022 By Jim Hammerand

Fictiv has closed a $100 million Series E funding round, the on-demand manufacturing technology company said today. Fictiv focuses on “helping companies produce better products,” co-founder and CEO Dave Evans said, with three main offerings: new product development, engineer-to-order products, and maintenance, repair and operations (MRO). But the company doesn’t actually own any manufacturing equipment. […]

Filed Under: Blog, Business/Financial News, Contract Manufacturing, Featured, Funding Roundup, News Well, Outsourcing, Robotics Tagged With: Fictiv, Intuitive Surgical, Johnson & Johnson, Medtronic

Inspire Medical Systems invests in EnsoData and Ognomy

April 28, 2022 By Chris Newmarker

Sleep apnea treatment developer Inspire Medical Systems has invested in two private companies with digital health tech that could better screen people for sleep problems. Minneapolis-based Inspire Medical is the maker of a minimally-invasive, implantable device that uses neurostimulation to treat obstructive sleep apnea. It made a $10 million minority equity investment in Madison, Wisconsin–based […]

Filed Under: Business/Financial News, Digital Health, Featured, Funding Roundup, Neuromodulation/Neurostimulation, News Well Tagged With: EnsoData, Inspire Medical Systems Inc., Ognomy

Bioventus announces $415M offering

April 26, 2022 By Sean Whooley

Bioventus (Nasdaq:BVS) announced today that it intends to offer $415 million in aggregate principal amount of senior notes due in 2027. Durham, North Carolina-based Bioventus’ private offering of senior notes will be guaranteed by each of its domestic restricted subsidiaries that guarantee its obligations under its senior secured credit facilities. The company is the creator […]

Filed Under: Business/Financial News, Featured, Funding Roundup, MassDevice Earnings Roundup, News Well, Orthopedics, Surgical, Wall Street Beat Tagged With: Bioventus, CartiHeal Ltd.

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