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BioWorld - Saturday, December 20, 2025
Home » Topics » Private, BioWorld MedTech

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Leadinno nets $14.5M to develop implantable electrical neurostimulation devices

Sep. 13, 2022
By Doris Yu
Leadinno Medical Valley Co. Ltd. reported it has raised more than ¥100 million (US$14.5 million) in a series A round for the development of its implantable electrical neurostimulation devices.
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Gold chain link engraved with "partnership"

Curimeta launches partnership to unlock real-world data

Sep. 2, 2022
By Meg Bryant
Startup Curimeta Inc. emerged from stealth with $6 million in seed financing led by Washington University School of Medicine in St. Louis and BJC Healthcare, a St. Louis-based nonprofit health care system. Cultivation Capital Healthcare Innovation Fund also participated in the round.
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Xeltis

Xeltis secures $15M to develop polymer-based restorative cardiovascular devices in Asia

Aug. 25, 2022
By Bernard Banga
Xeltis BV raised $15 million in series D2 funding to develop its restorative vascular access device for patients with chronic kidney disease who are on hemodialysis. The investment in this technology, called the Axess graft, came from Hong Kong-based China Grand Pharmaceutical and Healthcare Holdings Ltd. (Grand Pharma). The deal focuses mainly on commercializing Axess, but also involves other new products in the field of hemodialysis developed as part of the Xeltis technology platform. The commitment from Grand Pharma includes equity investment and product licensing, representing Xeltis’ first commercial deal and its first funding from an Asian concern.
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Antegenes

Antegenes raises $2.4M in seed round to scale genetic testing for cancer risk in EU

Aug. 19, 2022
By Bernard Banga
Antegenes OÜ raised $2.4 million in seed funding to deploy its genomic testing for personalized cancer prevention in new markets across Europe.
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Yen-Yuan currency symbol

Beijing Longwood nets $80M financing, deepens J&J collaboration

Aug. 17, 2022
By David Ho
Beijing Longwood Valley Medical Technology Co. Ltd. (also known as Changmugu Medical) recently completed a series B financing of ¥540 million ($79.7 million) to advance its artificial intelligence (AI) medical products. It also signed a strategic partnership with Johnson & Johnson Medical China Ltd.
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Moximed Misha knee implant

Investors inject $40M into new osteoarthritis implant

Aug. 17, 2022
By Catherine Longworth
Moximed Inc. has received $40 million in series C financing to pursue regulatory approval for its implantable shock absorber (ISA) for knee osteoarthritis (OA). Fremont, Calif.-based Moximed secured backing from investors including Advent Life Sciences, New Enterprise Associates, Future Fund, Vertex Healthcare and Runway Growth Capital to advance the Misha knee system. The company is touting the technology as the world’s first implantable shock absorber for OA.
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Monod team photo

Monod Bio secures $25M seed financing for protein biosensor platform

Aug. 16, 2022
By Catherine Longworth
Monod Bio Inc. raised a $25 million seed financing round to advance its protein-based biosensor technology. The round was led by Matrix Capital, with participation from the Global Health Investment Corp., Cercano Management, the Washington Research Foundation, Boom Capital Ventures, Sahsen Ventures, and Pack Ventures. The funds will be used to create protein biosensors for rapid point-of-care medical diagnostics and biotechnology applications.
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Illustration of doctor using surgical robot on patient

Levita lines up $26M for magnetic robot platform

Aug. 11, 2022
By Catherine Longworth
Investors are backing Levita Magnetics International Corp. with $26 million to advance its new Magnetic-Assisted Robotic Surgery (MARS) platform. The series C financing round was led by Ballast Capital, with participation from Medtex Ventures, Invermaster and Carao Ventures. The new platform builds on the company’s first commercial device, the Levita Magnetic Surgical system which received U.S. FDA approval in 2015. The system enables reduced-port laparoscopic surgical procedures and consists of an external magnet that is placed on the skin and controls a magnetic grasper inside the abdomen during surgery.
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Spintech MRI

Spintech’s neurological software gets boost with $6.5M in series A financing

Aug. 4, 2022
By David Godkin
Spintech MRI Inc. raised $6.5 million in series A financing to expand deployment of MRI software designed to improve and accelerate diagnosis and treatment of Parkinson’s disease, Alzheimer’s and other neurological diseases. The FDA-cleared Strategically Acquired Gradient Echo (Stage) platform is currently in use at more than 50 U.S. hospitals and institutions, including the Yale School of Medicine for advanced research, analysis and treatment of Parkinson’s disease.
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Yen-Yuan currency symbol

Gaugene raises ¥100M series B for IVD business

Aug. 3, 2022
By Zhang Mengying
In vitro diagnostics company Gaugene Biotechnology Ltd. has secured more than ¥100 million (US$14.8 million) in a series B financing to develop new products and technologies, as well as expand to new markets. The financing was led by Fortune Venture Capital Co. Ltd., with participation by Tao Capital, Guangdong Hybribio Biotech Co. Ltd., Qiming Venture Partners, and others.
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