Ablative Solutions: The company raised $91.4 million through a combination of Series D1 and Series D2 venture funding in a deal led by BioStar Capital and Gilde Healthcare Partners on June 13, 2022, putting the company’s pre-money valuation at $65 million. Michigan Accelerator Fund 1 and other undisclosed investors also participated in the round. The company is an operator of a clinical-stage medical device company intended to address the significant unmet clinical need for systemic hypertension.
Proximie: The company raised $80 million of Series C venture funding in a deal led by Advent Life Sciences on June 14, 2022. SoftBank Investment Advisers, The Impact Investors and 9 other investors also participated in the round. The company is a developer of a telehealth platform designed to share peer-to-peer live surgery assistance anywhere and at any time.
Aerin Medical: The company raised $60 million of Series F venture funding in a deal led by Ally Bridge Group on June 16, 2022. OrbiMed, KCK MedTech, Murphree Venture Partners, and Questa Capital also participated in the round. The company is a developer of a non-invasive treatment device designed to improve symptoms of nasal breathing disorders.
Elektrofi: The company raised $40 million of Series B venture funding in a deal led by Marshall Wace and BVF Partners on June 13, 2022, putting the company’s pre-money valuation at $80 million. Janus Henderson Investors, Logos Capital and other undisclosed investors also participated in the round. The funds will be used to establish a centralized GMP manufacturing line in support of multiple upcoming clinical trials. The company is an operator of a proprietary biotechnology platform for the delivery of biologics.
Sling Therapeutics: The company raised $35 million of Series A venture funding in a deal led by The Rise Fund on June 13, 2022, putting the company’s pre-money valuation at $50 million. Other undisclosed investors also participated in the round. The company is the developer of the oral small molecule linsitinib for thyroid eye disease (TED.
Artio Medical: The company raised $28 million of Series A venture funding from undisclosed investors on June 16, 2022. The company is a developer of medical devices designed to develop innovative products for the treatment of peripheral vascular, neurovascular, and structural heart diseases.
Onkos Surgical: The company raised $26.5 million of Series C venture funding from 3D Systems, 1315 Capital and Canaan Partners on June 16, 2022, putting the company’s pre-money valuation at $100 million. SV Health Investors also participated in the round. The company is a developer of precision orthopedics designed to reduce complexity and address the clinical challenges of musculoskeletal cancers and complex conditions.
Artizan Biosciences: The company raised $18.9 million of Series A2 venture funding in a deal led by Biohaven Pharmaceutical and Hatteras Venture Partners on June 15, 2022, putting the company’s pre-money valuation at $8.5 million. Brii Biosciences, AlleyCorp, Elm Street Ventures, Osage University Partners, and Connecticut Innovations also participated in the round. The company is a provider of pharmaceutical drug development services intended to address diseases involving microbiota in the human intestines.
TriFlo Cardiovascular: The company raised $13.8 million of Series A venture funding from undisclosed investors on June 16, 2022, putting the company’s pre-money valuation at $24 million. The company is an operator of a biotechnology firm focusing on an invasive transcatheter solution to treat tricuspid valve regurgitation.
MindImmune: The company raised $12.4 million of Series A venture funding from Pfizer Ventures, Dolby Family Ventures and Alzheimers Drug Discovery Foundation on June 14, 2022, putting the company’s pre-money valuation at $10 million. RightHill Ventures and Trend Venture also participated in the round. The company is a developer of first-in-class drugs designed to treat diseases of the central nervous system.
Adient Medical: The company raised $11.5 million of Series F venture funding from Cordis on June 14, 2022, putting the company’s pre-money valuation at $28.5 million. The company is a developer of absorbable medical devices designed for the prevention of pulmonary embolism in patients.
DermaSensor: The company raised $10 million of venture funding in a deal led by Ceros Capital Markets on June 15, 2022. The company is a developer of a skin cancer evaluation technology intended to provide cutting-edge spectroscopy and machine learning technologies to detect skin cancer early.
Cara Care: The company raised EUR 6.6 million of Series A venture funding in a deal led by Johnson & Johnson Innovation – JJDC, Dr. Schär and Asabys Partners on June 13, 2022. Atlantic Labs also participated in the round. The company is a developer of a virtual health advising application designed to help people with chronic digestive disorders.
Wonder Sciences: The company closed on $7 million of an undisclosed targeted amount of venture funding on June 15, 2022. The company is a developer of an online telemedicine platform designed for mental health and wellness.
Fibronostics: The company raised $6.5 million of Series A venture funding from undisclosed investors on June 15, 2022. The company is a developer of a non-invasive diagnostic testing system designed to provide algorithm-based health monitoring services.
eCovery: The company raised an undisclosed amount of venture funding in a deal led by VGH Versicherungen on June 16, 2022. Adesso and other undisclosed investors also participated in the round. The company is a developer of a digital healthcare platform designed to optimize the rehabilitation process for patients.