January 6, 2015 by Mark Hollmer
Quanta Fluid Solutions said it nailed additional funding that boosted its recent investment round to $44 million. The money is well timed, considering the U.K. outfit recently gained a CE Mark for its portable, cartridge-based hemodialysis system.
Plans call for rolling out Quanta’s SC+ product this year. CEO John Milad noted in prepared remarks that the regulatory win is a big milestone for the company. Quanta launched in 2008, spun out from engineering company IMI, and is backed by investors including Wellington Partners and NBGI Ventures. Read more
January 7, 2015 by Brad Perriello
CardioFocus this week reported a funding round worth nearly $32 million and said it inked a distribution deal in Japan for its HeartLight laser ablation system for treating atrial fibrillation.
Marlborough, Mass.-based CardioFocus said in a regulatory filing that it raised $31.7 million in an equity offering it hopes will bring in a total of $33.2 million, including the conversion of promissory notes. Read more
January 8, 2015 by Mark Hollmer
Israel’s Integrity Applications said it raised $8.5 million last year, thanks to a last-minute, $1.6 million addition Dec. 31.
The company did not disclose how it would use the money. But funding will likely go toward advancing the company’s GlucoTrack DF-F noninvasive blood glucose measurement device, which gained a CE Mark in the European Union in 2013 and must now go through the FDA’s pre-market approval process. Read more