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BioWorld - Sunday, April 19, 2026
Home » Topics » Private » Series B

Series B
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1-17-Oviva-digital-diabetes-support

Oviva raises $21M to advance diabetes treatment program in Europe

Jan. 17, 2020
By Nuala Moran
LONDON – Oviva AG has raised US$21 million in a series B funding to further advance commercialization of its digital diabetes treatment program across Europe.
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Olive Healthcare attracts $6.91M in series B funding

Jan. 15, 2020
By Jihyun Kim
HONG KONG – South Korean med tech Olive Healthcare Inc. has attracted ₩8 billion (US$6.91 million) in series B funding. The Seoul-based company is focused on abdominal fat scanning and breast cancer diagnosis, using nonradiative and noninvasive near infrared (NIR) technology, artificial intelligence (AI) algorithms, and big data processing for a customized medical service.
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Digital imaging technology

Lunit secures $25.6M in series C funding for AI-based cancer diagnostics software

Jan. 9, 2020
By Jihyun Kim
HONG KONG – South Korean-based med-tech Lunit Inc., of Seoul, has secured ₩30 billion (US$25.6 million) in series C funding. Founded in 2013, the Korean company has raised $50 million so far. Lunit’s corporate value was evaluated at as much as ₩200 billion as of the fundraising.
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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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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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Chinese yuan and piggy bank
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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