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BioWorld - Thursday, July 16, 2026
Home » Topics » Medical technology, Financings

Medical technology, Financings
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Surgeon operating the R-One

Robocath raises $43M series C funding to accelerate distribution of its robotic PCI platform throughout Asia

June 8, 2020
By Bernard Banga
PARIS – Robocath SAS, of Rouen, France, has secured a new $43 million funding round to boost roll-out of its R-One robotic system for treating vascular disease. This series C funding was led by Hong Kong-based Microport Scientific Corp.
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Digital cancer cells illustration

Lunit preps for FDA approval, series D funding after getting EC nod

June 8, 2020
By Gina Lee
Hong Kong – South Korea’s Lunit Inc. is currently in the process of applying for U.S. FDA approval for Lunit Insight Mmg, its AI software that analyzes mammography images to detect breast cancer. Other markets that the company targets entering include South America, the Middle East, and Asia Pacific, Jussarang Lee, communications manager at Lunit, told BioWorld. Founded in 2013, the Seoul-based company uses artificial intelligence to develop cancer diagnostics and therapeutics.
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Financings for June 8, 2020

June 8, 2020
Med-tech firms raising money in public or private financings, including: Biolase, Glaukos, Inspiremd, Nanobiotix, Titan Medical.
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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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DNA, dollars illustration

Base Genomics raises seed $11M for new DNA methylation liquid biopsy detection tech

June 5, 2020
By Nuala Moran
LONDON – Base Genomics Ltd. has raised $11 million in an oversubscribed seed round to commercialize a new liquid biopsy technology for detecting DNA methylation, invented in the U.K. at the Ludwig Institute for Cancer Research at Oxford University.
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Financings for June 5, 2020

June 5, 2020
Med-tech firms raising money in public or private financings, including: Curesponse, Invacare, Owens & Minor.
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Hamid Lamraoui headshot
Novel artificial urinary sphincter

Uromems raises $17.5M to advance development of its electronic artificial urinary sphincter

June 4, 2020
By Bernard Banga
PARIS – Uromems SAS, of Grenoble, France, reported the completion of a series B round of $17.5 million to advance development of its implantable mechatronic device for treating stress urinary incontinence.
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Gold chain link engraved with "partnership"

Titan Medical, Medtronic team up on surgical robotics

June 4, 2020
By Meg Bryant
Toronto-based Titan Medical Inc. has inked a development and license agreement with Medtronic plc, of Dublin, to advance the development of single-port robotic-assisted surgical tools. A separate agreement gives Medtronic licensing rights to certain Titan intellectual property. The arrangement aligns with Medtronic’s goal of building its robotic-assisted surgery business and gives Titan’s financials a needed shot in the arm.
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Financings for June 4, 2020

June 4, 2020
Med-tech firms raising money in public or private financings, including: Nanox, Neovasc, Orasure Technologies, SK Telecom, Varex Imaging.
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Illustration of nerves in hand

Epineuron closes financing for breakthrough regenerative ‘nerve bandage’

June 3, 2020
By David Godkin
TORONTO – Toronto-based Epineuron Technologies Inc. reported the completion of a financing round to develop and clinically validate neuroregenerative technology intended for the recovery of patients suffering from peripheral nerve injuries. Designated a breakthrough device by the U.S. FDA, the “nerve bandage” uses brief bioelectronic stimulation of injured nerves to “upregulate” associated genes that accelerate nerve regeneration.
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