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Home » Medtech investment in MN falls back to earth | Medtech funding for the week of April 20, 2015

Medtech investment in MN falls back to earth | Medtech funding for the week of April 20, 2015

April 24, 2015 By MassDevice Contributors Network

Medtech investment in Minnesota falls back to earth

April 17, 2015 by Scott Wooldridge

Medtech investment in Minnesota falls back to earth

After an off-the-charts year in investment for 2014, the Minnesota bioscience industry has seen a more typical 1st quarter, according to a report from medtech lobby LifeScience Alley.

Officials with the Minneapolis-based trade association said yesterday that the 1st quarter of 2015 saw $41 million in total investments in the North Star state. Most of that investment went to the medical device field, always a strong industry in the state. In Q1, 57% of the companies raising money were from the medical device field, and 87% of the total funding came in that area. Read more

Tal Medical raises $14m for non-invasive anti-depression device

April 21, 2015 by Brad Perriello

Tal Medical raises $14m for non-invasive anti-depression device

Tal Medical said today that it landed a $14 million Series B round it plans to use in backing clinical trials for its low-field magnetic stimulation technology as a non-invasive neurostimulation treatment for depression and bipolar disorder.

CSA’s main product is its truFreeze spry cryotherapy, which is designed to use super-cold liquid nitrogen delivered via catheter, to ablate unwanted tissue inside the body. Read more

CSA Medical raises another $4m for cryotherapy device

April 20, 2015 by Mark Hollmer

CSA Medical raises another $4m for cryotherapy device

Maryland’s CSA Medical said last week that it’s close to reaching a $4 million funding goal with a new debt offering.

CSA’s main product is its truFreeze spry cryotherapy, which is designed to use super-cold liquid nitrogen delivered via catheter, to ablate unwanted tissue inside the body. Read more

Spirox lands $19m Series B round

April 23, 2015 by Mark Hollmer

Spirox lands $19m Series B round

Spirox said this week that it nailed down an $18.5 million Series B round to back development and commercialization of its device to treat patients with nasal obstructions.

Venrock and Aisling Capital led the round for Menlo Park, Calif.-based Spirox, with existing investors Aperture Venture Partners, Correlation Ventures and Western Technology Investment also participating. Read more

Filed Under: Funding Roundup, News Well Tagged With: Aisling Capital, Aperture Venture Partners, Correlation Ventures, CSA Medical Inc., Medical Alley, Osprey Medical, PureTech, Spirox, Sunshine Heart Inc., Tal Medical, Venrock, Western Technology Investment

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