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BioWorld - Tuesday, May 19, 2026
Home » Topics » Financings, Medical technology

Financings, Medical technology
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Financings for Dec. 1, 2021

Dec. 1, 2021
Med-tech firms raising money in public or private financings, including: Aditxt.
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1-8-virtual-incision-MIRA-hero.png

Virtual Incision raises $46M in series C financing round

Nov. 30, 2021
By Annette Boyle
Virtual Incision Corp. raised $46 million in a series C funding round to support commercialization of its miniaturized in vivo robotic assistant (MIRA) for laparoscopic surgery. The first member of the company’s family of mini-robots in development targets colon surgery. Others in the pipeline will address hernia repair, gallbladder removal, sleeve gastrectomy, hysterectomy and other surgeries with specialized ranges of motion and tools.
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Artrya co-founders pose with bell, ASX backdrop

Artrya lists on ASX in AU$40M IPO to advance coronary artery disease AI software

Nov. 30, 2021
By Tamra Sami
PERTH, Australia – Medtech newcomer Artrya Ltd. listed on the Australian Securities Exchange (ASX) in an AU$40 million (US$28.6 million) initial public offering to commercialize its software that analyzes heart computed tomography (CT) scans via artificial intelligence (AI) to better diagnose coronary artery disease.
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Stem cells

Kadimastem signals Nasdaq listing, lands $3.2M from Ilex Medical

Nov. 29, 2021
By Catherine Longworth
Ilex Medical Ltd. has injected $3.2 million into cell therapy company Kadimastem Ltd., as it prepares to list on the Nasdaq. As part of the investment, Ilex Medical was granted a total of 1,407,130 options (60% coverage) in two series, at exercise prices of $2.2 and $2.7 per share (up to 100% from the share price at the transaction). If exercised, it would increase the total investment to $6.7 million.
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Illustration of Won currency, graph, up arrows

Lunit raises $61M, prepares for South Korean listing

Nov. 29, 2021
By Gina Lee
Lunit Inc. has raised $61 million in a fundraising round, getting it closer to its planned list on South Korea’s Kosdaq. “We will use these funds as working capital to research and develop artificial intelligence (AI) products, as well as developing our global market,” a Lunit spokesperson told BioWorld. Seoul, South Korea-based Lunit secured new investors for this round, including U.S. life science investors Healthquest Capital, Casdin Capital LLC, and The American Cancer Society’s Brightedge fund. Asia Pacific-based global health care investors included Tybourne Capital Management Ltd. and NSG Ventures Pte. Ltd.
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Financings for Nov. 29, 2021

Nov. 29, 2021
Med-tech firms raising money in public or private financings, including: Assure, Istar, Stagezero.
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Hands holding smartphone displaying Ieso app

Ieso secures $52.5M to scale AI-based chat therapy

Nov. 24, 2021
By Catherine Longworth
Ieso Digital Health Ltd. raised £39 million (US$52.5 million) in financing to develop new tools for its digital cognitive behavioral therapy (CBT) service. Investment firm Morningside led the series B round with Sony Innovation Fund and existing shareholders IP Group, Molten Ventures and Ananda Impact Ventures also participating. Ieso’s digital platform connects users to mental health practitioners for text-based therapy.
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Close-up of eye with digital focus

Pcube-Lab raises $4.75M to advance its eye-tracking technology

Nov. 24, 2021
By Bernard Banga
PARIS – Pcube-Lab BV has closed a $4.75 million funding round to deploy its eye tracking technology, Neuroclues, in Europe and the U.S. This technique helps with early diagnosis of neurological disorders such as Parkinson's, multiple sclerosis and Alzheimer's disease.
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Financings for Nov. 24, 2021

Nov. 24, 2021
Med-tech firms raising money in public or private financings, including: Parallel Fluidics.
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Xeltis team members with a vessel device

European Investment Bank backs Xeltis’ restorative heart technology

Nov. 23, 2021
By Catherine Longworth
The European Investment Bank (EIB) pumped €15 million (US$17 million) into Xeltis BV to accelerate clinical programs for its polymer-based technology platform for cardiovascular restoration. The Eindhoven, Netherlands-based company is developing three types of cardiovascular implants. These are a pulmonary heart valve, coronary artery bypass graft and hemodialysis access grafts. The devices use a therapeutic approach called endogenous tissue restoration (ETR), which causes the patient’s own body to naturally restore a new blood valve. As the patient’s healing system develops a functional valve, Xeltis’ implant is gradually absorbed by the body.
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