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BioWorld - Friday, April 10, 2026
Home » Topics » Medical technology, Financings

Medical technology, Financings
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Hand holding a smartphone with Diagnosus app

Centaur charges ahead with $12M series A fundraising round

Sep. 7, 2021
By Annette Boyle
Centaur Diagnostics Inc. herded up interest in its gamified system for labeling medical data for use in artificial intelligence (AI) applications. The Boston-based company raised $12 million in a series A round that will help Centaur build out its crowdsourced system for labeling medical images, videos, text and audio recordings. The round brings the company’s funds raised to date to $15 million. Matrix Partners led the charge along with Accel Partners, Global Founders Capital, Susa Ventures, and Y Combinator.
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Lungs wireframe illustration

Owlstone closes $58M series D funding round, readies for IPO

Sep. 7, 2021
By Nuala Moran
LONDON – Breath biopsy specialist Owlstone Medical Ltd. closed a $58 million oversubscribed series D, bringing the total raised by the company since its formation in 2016 to over $150 million. The money will support further development of tests for lung cancer, liver disease and respiratory disease, and of a new class of diagnostics, which rather than measuring endogenous markers of disease, involve administering chemical probes and assessing how they are metabolized.
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Financings for Sept. 7, 2021

Sep. 7, 2021
Med-tech firms raising money in public or private financings, including: Definitive Healthcare, Emulate, Hancock Jaffe Laboratories, Windgap Medical.
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Money sack with British pound symbol

Orthobiologics startup Locate Bio seals £10M deal to scale clinical studies

Sep. 3, 2021
By Catherine Longworth
Locate Bio Ltd. has closed a £10 million (US$13.8 million) funding round co-led by investors Mercia Asset Management and BGF to advance its orthobiologics product pipeline. The Nottingham, U.K.-based startup, which spun out from the University of Nottingham’s School of Pharmacy, is hoping to disrupt the orthobiologics market with its drug releasing, bone grafting products.
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IPO puzzle pieces

Following A$90M IPO, Trajan doubles share price as it executes global strategy

Sep. 3, 2021
By Tamra Sami
PERTH, Australia – On the heels of a A$90 million (US$67.12 million) initial public offering on the Australian Securities Exchange, device company Trajan Group Holdings Ltd. has doubled its share price and is well poised for its next stage of global growth. Trajan makes precision consumable products, devices and solutions that used in analyzing biological samples.
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Financings for Sept. 3, 2021

Sep. 3, 2021

Med-tech firms raising money in public or private financings, including: Centaur Diagnostics, Paramit, Seventh Sense Biosystems, Tecan, Yourbio Health.


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International currency symbols

Singapore startup Doctor Anywhere banks $88M for telehealth expansion

Sep. 2, 2021
By Catherine Longworth
Health-tech startup Doctor Anywhere Ltd. (DA) has raised $88 million in series C fundraising, as the telehealth sector continues to be attractive for investors. The round is one of the largest private investments ever raised by a Southeast Asian digital health company and was led by growth equity investor Asia Partners. Novo Holdings, Philips, OSK-SBI Venture Partners, EDBI, Square Peg, IHH Healthcare, Kamet Capital and Pavilion Capital also participated.
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Illustration of diabetic foot ulcer, cross section of wound

Rokit wins South Korean approval for diabetic foot ulcers, preps for two IPOs

Sep. 2, 2021
By Gina Lee
Rokit Healthcare Inc. received approval from South Korea’s Ministry of Food and Drug Safety (MFDS) for Dfurege, its artificial organ platform to treat diabetic foot ulcers. “We hope that having a South Korean approval for this platform will be a boost for our planned IPO,” Seok Hwan You, CEO at Rokit, told BioWorld.
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Financings for Sept. 2, 2021

Sep. 2, 2021
Med-tech firms raising money in public or private financings, including: Cloud Dx, DTRT, Laplace Interventional, Sure Retractors.
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DNA illustration

Investors back Dnanudge’s genetic tests with $60M series A investment

Sep. 1, 2021
By Catherine Longworth
Ventura Capital has led a $60 million series A investment round into consumer genetic testing company Dnanudge Ltd. It is the first major fundraising round for the London-based company, which will be used to accelerate deployment of its DNA testing service worldwide. Dnanudge is aiming to tap into the lucrative consumer DNA testing market with Dnaband, a wearable device that stores digital DNA and helps users make healthier choices by personalizing shopping behaviors. The company is also planning a service for personalized skincare shopping.
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