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BioWorld - Friday, December 19, 2025
Home » Topics » Private » Series B

Series B
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Virtual Incision scoops up $20M in series B+ round

Jan. 8, 2020
By Meg Bryant
Surgical robotics company Virtual Incision Corp., of Lincoln, Neb., has raised $20 million in a series B+ financing led by returning investor Bluestem Capital. The funds are earmarked for clinical and regulatory programs aimed at commercializing the company’s MIRA (miniaturized in vivo robotic assistant) surgical robotic platform.
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South Korea’s Recens Medical secures $6M in series B funding

Dec. 24, 2019
By Jihyun Kim
HONG KONG – South Korean med-tech venture Recens Medical Inc. has secured ₩7 billion (US$6 million) in series B funding. Lb Investment Inc., Kb Securities Co. Ltd., Bnk Securities Co. Ltd., Hyundai Venture Investment Corp. and Lighthouse Combined Investment Co. Ltd. participated in the investment.
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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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Newco

China’s Genskey raised $14M in series B to advance pathogen testing

Dec. 4, 2019
By Elise Mak
BEIJING – Infection diagnostics specialist Genskey Technologies Co. Ltd., of Beijing, closed a series B financing round to secure ¥100 million (US$14 million) to advance pathogen testing using next generation sequencing. The series B round was joined by SB China Capital, Shanghai Lin Chong Investment Management, and Juyuan Capital.
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Tissium raises €39M to expand surgical sealant, add 3D printed and drug-delivery applications

Nov. 20, 2019
By Stacy Lawrence
Paris-based Tissium was first founded in 2013 by professors Robert Langer of MIT and Jeffrey Karp of Brigham and Women’s Hospital as Gecko Biomedical. But now it aims to expand beyond its original focus on surgical sealants and adhesives into barriers, plugs, drug delivery and 3D printed implantable devices. To support that wider focus, the company changed its name and has now raised €38.75 million (US$42.78 million) in a series B financing.
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Dollar sign in piggy bank

Egenesis scores $100M in funding round for gene-edited, human-compatible organs

Nov. 18, 2019
By David Ho
HONG KONG – U.S.-based biotech firm Egenesis Inc., headquartered in Cambridge, Mass., has received $100 million through a series B funding round for the development of safe and effective human-compatible organs through gene editing.
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Dollar sign in piggy bank

Cytovale scoops up $15M to advance technology that aims to detect early sepsis

Nov. 1, 2019
By Liz Hollis
Cytovale Inc., a San Francisco-based medical technology company, has picked up $15 million in financing to advance its technology that enables the early detection of sepsis in the emergency department. Specifically, the company raised $7.4 million in an extension of series B equity financing, co-led by existing investors Breakout Ventures and Blackhorn Ventures. Western Technology Investment also participated, providing a venture debt facility to the company.
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DNA NGS genome sequencing

Genomics-focused Pieriandx closes $27M series B

Oct. 29, 2019
By Liz Hollis
St. Louis-based Pieriandx, a clinical genomics informatics company, reported that it has closed a $27 million series B funding round led by Atw Partners and Sjf Ventures. Pieriandx provides a software-as-a-service platform that the company says permits the practice of clinical genomics as a standard of care.
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South Korea’s Chong Kun Dang invests in startup Biorchestra targeting AD

Oct. 16, 2019
By Jihyun Kim
HONG KONG – South Korean pharmaceutical company Chong Kun Dang Holdings recently invested KRW5 billion (US$4.1 million) in Biorchestra Co. Ltd., a Korean startup based in Daejeon that aims to develop Alzheimer’s dementia treatment based on microRNA.
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Controlrad raises $15M to back radiation reduction tech in the cath lab, OR

Oct. 3, 2019
By Stacy Lawrence
Radiation reduction during imaging procedures is a top priority for hospitals and health care providers. Startup Controlrad Inc. has raised a $15 million series B round to market its Trace mobile C-arm radiation reduction technology for use during fluoroscopically guided procedures. That has already been FDA cleared.
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