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The Medical Device Business Journal — Medical Device News & Articles | MassDevice

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EarLens

Earlens to partner with Verily for next-gen Earlens hearing device

January 13, 2020 By Danielle Kirsh

Earlens today said it entered a strategic agreement with Verily to develop next-generation capabilities for the Earlens Contact Hearing Solution. Earlens’s Contact Hearing Solutions directly activates the hearing system to deliver the broadest bandwidth in a nonsurgical hearing solution. It uses a small lens to vibrate the eardrum to replicate the natural hearing process. “Unlike […]

Filed Under: Business/Financial News Tagged With: EarLens, Verily

Earlens closes $87m offering

October 22, 2018 By Fink Densford

Earlens said today it closed an $87 million round of financing to help support continued development and a next-gen rollout of its hearing aid technology. The round was led by newly invested KCK Ltd., and joined by Exor Seets and previously invested Lightstone Ventures, CRG Partners, Windham Life Sciences Partners, Arch Healthcare, Relativity Health Fund, […]

Filed Under: Business/Financial News, Featured, Otolaryngology/Ear, Nose & Throat (ENT), Wall Street Beat Tagged With: EarLens

These medtech companies raised the most VC last year

January 19, 2018 By Danielle Kirsh

Perhaps there’s a ray of hope that venture capital funding is recovering a bit for the medical device industry. VC firms invested more than $2.8 billion in 2017, an increase of more than $647 million from 2016, according to the MoneyTree Report from PricewaterhouseCoopers (PwC) and CB Insights. There were a total 229 deals involving […]

Filed Under: Cardiovascular, Digital Health, Funding Roundup, Hospital Care, Implants Tagged With: Auris Surgical Robotics, Cereve, EarLens, Ebb Therapeutics, EBR Systems Inc., Epix Therapeutics (formerly Advanced Cardiac Therapeutics), Fractyl Laboratories, immusant, MedTech, Moximed, NeuroPace, Outset Medical, Pulmonx, Respicardia, rxsight, Silk Road Medical Inc., venture capital, VertiFlex Inc., Xenex

Earlens closes $118m in mixed debt and equity round

June 5, 2017 By Fink Densford

Earlens said today it closed a total of $118 million in funding, with $73 million coming from an offering of Series C preferred stock and $45 from a structured debt facility with CRG LP. The Earlens device, which  won 510(k) clearance from the FDA in October 2015, uses a laser diode attached to a behind-the-ear audio processor […]

Filed Under: Business/Financial News, Otolaryngology/Ear, Nose & Throat (ENT) Tagged With: EarLens

Lessons Learned Building Acclarent from Scratch: Interview with Bill Facteau, President and CEO of Earlens

January 10, 2017 By Scott Nelson

Welcome to the Medsider interview series, a regular feature at MassDevice. All interviews are conducted by Scott Nelson, Founder of Medsider and Group Director for WCG. We hope you enjoy them! Bill Facteau joined Earlens Corporation as Chairman, President, and CEO in November of 2013. Most recently, he was the Vice Chairman of ExploraMed as well as an […]

Filed Under: Blog Tagged With: EarLens, medsider

Medtronic, Cochlear get in on $51m Earlens round

June 27, 2016 By Brad Perriello

Earlens said today that it raised a funding round worth $51 million for the light-driven hearing aid it developed, pulling down $34 million in cash and another $17 million in a bridge financing conversion. The Earlens device, which last October won 510(k) clearance from the FDA, uses a laser diode attached to a behind-the-ear audio processor to […]

Filed Under: Funding Roundup, Wall Street Beat Tagged With: Cochlear Ltd., EarLens, Hearing, Medtronic, Venture Capital/Private Equity

EarLens wins FDA 510(k) for novel hearing aid

October 1, 2015 By Fink Densford

EarLens said Tuesday it won FDA 510(k) clearance for its laser diode-equipped direct vibration-based contact hearing device for use in adults with mild to severe sensorineural hearing impairment. The device is designed to directly contact the patient’s eardrum and use it as a speaker and act as an amplifier for a wide range of frequencies, […]

Filed Under: 510(k), Food & Drug Administration (FDA), Otolaryngology/Ear, Nose & Throat (ENT), Regulatory/Compliance Tagged With: EarLens

Feds indict ex-Acclarent execs | The week in medtech M&A

April 15, 2015 By MassDevice Contributors Network Leave a Comment

Feds slap former Acclarent execs with fraud charges

April 13, 2015 by Brad Perriello

Filed Under: Mergers & Acquisitions, News Well Tagged With: Acclarent Inc., Apple, Biomet, EarLens, Ethicon, Explorys, Federal Trade Commission (FTC), IBM, Johnson and Johnson, NxThera Inc., Phytel, Zimmer Biomet

Feds slap former Acclarent execs with fraud charges

April 13, 2015 By Brad Perriello Leave a Comment

Feds slap former Acclarent execs with fraud charges

Federal prosecutors last week leveled conspiracy and fraud charges against 2 former executives of Acclarent for an alleged off-label marketing scheme for the Relieva Stratus microflow spacer.

Filed Under: Legal News, Mergers & Acquisitions, News Well Tagged With: Acclarent Inc., EarLens, Ethicon, Johnson and Johnson, NxThera Inc.

GI Dynamics raises $32M in private placement with group overseas | Medtech funding stories for the week of May 5, 2014

May 9, 2014 By MassDevice Contributors Network Leave a Comment

Weight loss: GI Dynamics raises $32M with private placement

May 2, 2014 by Brad Perriello

Weight loss: GI Dynamics raises $32M with private placement

Filed Under: Funding Roundup, News Well Tagged With: EarLens, endogastricsolutions, Fire1, ForSight Vision, GI Dynamics, Lightstone Ventures

Lightstone targets medtech and lifesciences with new $172M fund

May 5, 2014 By Arezu Sarvestani Leave a Comment

Lightstone targets medtech and lifesciences with new $172M fund

Lightstone Ventures is ready to make some disruptive companies with its newly raised $172 million medtech and lifesciences fund, saying that market outlooks are promising for new products.

Filed Under: Funding Roundup, News Well Tagged With: EarLens, Fire1, Lightstone Ventures, Venture Capital/Private Equity

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