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 […]
Xenex Disinfection Services said today that it raised a $38 million funding round, led by private equity shop Essex Woodlands, for its LightStrike “germ-zapping robots.” New backer Piper Jaffray Merchant Banking and existing investors Malin Corp. and Tectonic Ventures also participated, San Antonio-based Xenex said. The proceeds are earmarked for sales force growth, product development, R&D and international […]
Terumo Corp. (TYO:4543) said today it inked a Japanese distribution deal with Xenex to distribute its Xenex LightStrike Germ-Zapping Robots in the region. The LightStrike device is designed to use pulsed xenon ultraviolet room disinfection technology to remove pathogens such as C. diff, staphylococcus aureus and carbapenem-resistent Enterobacteriaceae, Terumo said. The Xenex LightStrike device has also been […]
Xenex debuted its infection killing robot, which utilizes UV light for disinfection, and touted a new $11.3 million financing round.
The portable UV room disinfection system "uses pulsed xenon ultraviolet light to destroy the viruses, bacteria, mold, fungus and bacterial spores in the patient environment that cause healthcare associated infections," according to a press release.