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BioWorld - Saturday, January 3, 2026
Home » Topics » Series B, BioWorld MedTech

Series B, BioWorld MedTech
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Ultrasound image on mobile phone

Exo Imaging scoops up $40M in series B+ funding to boost hand-held medical imaging

Aug. 21, 2020
By Liz Hollis
Exo Imaging Inc. closed a $40 million series B+ funding round that is earmarked to help with the development of a hand-held ultrasound device and cloud-based workflow software platform. The funding follows a series B round in August 2019 that reeled in $35 million and brings the company’s total raise to nearly $100 million.
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Hand holding dollar sign

Mobilion scoops up $35M to help build commercial team

Aug. 18, 2020
By Liz Hollis
With an eye toward launching its first product, Mobilion Systems Inc. has revealed a $35 million series B funding round led by Amoon. Todd Sone, partner at Amoon who also is joining the company’s board, highlighted the duo’s common vision to develop technologies that offer high resolution and speed.
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Diagram demonstrating Cecilia Health's support system

Cecelia Health scoops up $13M for telehealth chronic care solution

Aug. 17, 2020
By Meg Bryant
Tech-enabled diabetes and chronic conditions management company Cecelia Health has secured $13 million in a series B financing led by Rittenhouse Ventures and Endo Investors. Other participants in the round included Boston Millennia Partners, SustainVC and G100 Capital. The funds will be used to speed and further scale adoption of the company’s coaching and telemedicine tools and to build out digital health capabilities.
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Syntax system

DNA Script tallies $89M in oversubscribed series B

July 31, 2020
By Meg Bryant
DNA Script SAS raised a $50 million extension to its series B financing, for a total yield of $89 million. Paris-based DNA Script has earmarked the funds to advance the development of its suite of enzymatic DNA synthesis (EDS) technologies and support the commercial launch of its Syntax DNA benchtop printer.
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Hand holding dollar sign

Thrive Earlier Detection scoops up $257M to propel early cancer detection test

July 29, 2020
By Meg Bryant
Liquid biopsy startup Thrive Earlier Detection Corp. has raised $257 million in a series B round led by Casdin Capital and Section 32. The funds will be used to finalize the design of its first product, Cancerseek, conduct a trial to support U.S. FDA approval and prepare for commercialization.
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3D Euro symbol

Indigo gets $44.5M series B round for long-lasting, undetectable diabetes CGM implant

July 28, 2020
By Stacy Lawrence
Indigo Diabetes NV is working to develop a next-generation continuous glucose monitor (CGM) that would be much simpler and easier to use routinely, potentially making it more useful for a much larger population. It has just raised a €38 million ($44.5 million) series B financing to support that effort.
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Product image

Curvafix scoops up $10.75M to advance curved bone repair system

July 21, 2020
By Meg Bryant
Bone fracture repair startup Curvafix Inc. has secured $10.75 million in a series B round led by Sectoral Asset Management with participation from existing investors, including Delta Dental Washington Seed Fund, as well as board members. The company will use the proceeds to complete the RESTORE clinical trial of its U.S. FDA-cleared Curvafix intramedullar rodscrew and to scale up for commercial launch later this year or in 2021.
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Doctor pointing at liver

Glympse Bio snags $46.7M to advance biosensor platform

July 15, 2020
By Liz Hollis
Glympse Bio has closed an oversubscribed $46.7 million series B financing, with an eye toward boosting its novel biosensor platform in fibrotic diseases, including nonalcoholic steatohepatitis (NASH), oncology and infectious diseases.
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Wireframe hands, coins

Brightinsight gets $40M series B to supply the back-end of digital health for pharma, med tech

June 25, 2020
By Stacy Lawrence
Startup Brightinsight Inc. is working to make the infrastructure behind digital health easily accessible to pharma and med-tech companies. To aid it on this path, the San Jose, Calif.-based company has raised a $40 million series B round to expand its capabilities and global reach.
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Tumor illustration

Alpha Tau Medical secures $26M in series B financing

June 5, 2020
By Annette Boyle
Tel Aviv-based Alpha Tau Medical Ltd. raised $26 million in a series B financing. The round was led by previous investors, Savit Capital, Medison Ventures, and Ourcrowd, as well as new private and family office investors hailing from North America and Israel. The new funds will be used to continue trials of the company's Alpha DaRT (Diffusing Alpha Radiation Emitters Therapy) alpha-radiation cancer therapy for solid tumors and expand manufacturing facilities.
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