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BioWorld - Sunday, May 17, 2026
Home » Topics » Financings, Medical technology

Financings, Medical technology
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Financings for Dec. 20, 2019

Dec. 20, 2019
Med-tech firms raising money in public or private financings.
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Hand holding dollar sign

Liquid biopsy-focused Rarecyte scoops up $22M in new funding

Dec. 19, 2019
By Meg Bryant
Rarecyte Inc., a Seattle-based company making products for tissue and cell analysis, reported picking up $22 million in a series F financing round led by Healthquest Capital. Also participating in the round were existing investors 5AM Ventures and Ron Seubert, Rarecyte’s founder and chief technology officer. The company plans to use the funds to expand global sales of its instruments and consumables platform in research clinical markets.
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biolog-id-rfid-12-19.png

Biolog-id raises $33M for roll out of its smart management solution for delicate health care products

Dec. 19, 2019
By Bernard Banga
PARIS – Biolog-id SAS, specialists in traceability and management of delicate health care products (red blood cells, plasma, platelets and chemotherapy substances), has just raised $33 million from fund managers Xerys Gestion. “Thanks to this new funding, we will be able to roll out our smart traceability solutions worldwide. These are used for managing labile blood products and plasma fractionation,” Jean-Claude Mongrenier, founder and CEO of the Boulogne-Billancourt, France-based company, told BioWorld MedTech.
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Financings for Dec. 19, 2019

Dec. 19, 2019
Med-tech firms raising money in public or private financings.
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Truffle hunting: Truffle Capital closes 5th Biomedtech fund at $279M

Dec. 18, 2019
By Cormac Sheridan
DUBLIN – Truffle Capital closed off its fifth Biomedtech fund with a €250 million (US$279 million) raise, which it will deploy in about a dozen companies located mainly in France. The fund took a little longer to close than originally planned but it is significantly larger than it had originally intended. “Our initial objective was €200 million,” Truffle Capital CEO and co-founder Philippe Pouletty told BioWorld MedTech.
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Financings for Dec. 18, 2019

Dec. 18, 2019
Med-tech firms raising money in public or private financings.
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Dollar sign in lightbulb

Sofregen raises $8M in series B for its silk protein technology

Dec. 17, 2019
By Meg Bryant
Medford, Mass.-based startup Sofregen Medical Inc. has picked up $8 million in a series B round led by Anzu Partners LLC. The money is earmarked for continued development of Sofregen’s silk protein-based technology and for commercialization of its U.S. FDA-cleared Silk Voice for people with vocal cord problems.
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Financings for Dec. 17, 2019

Dec. 17, 2019
Med-tech firms raising money in public or private financings.
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Velano-pivo-12-17.png

Vascular access startup Velano raises $25M to expand market, roll-out new products

Dec. 17, 2019
By Stacy Lawrence
San Francisco-based Velano Vascular Inc. has closed the second tranche of a $25 million financing that is slated to back ongoing commercialization of its PIVO device that uses an existing peripheral IV line for a blood draw. It also aims to roll-out a new, undisclosed product in 2020.
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Brain and DNA

Aspen secures $6.5M seed round for autologous neuron replacement in Parkinson’s

Dec. 16, 2019
By Stacy Lawrence
Aspen Neuroscience Inc. hopes to get into the clinic to test autologous neuron replacement in Parkinson’s disease with a $6.5 million seed round. The financing featured several established life sciences venture investors; it was led by Domain Associates and Axon Ventures and included Alexandria Venture Investments, Arch Venture Partners, Orbimed, and Section 32.
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