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BioWorld - Saturday, March 28, 2026
Home » Topics » Medical technology, Financings

Medical technology, Financings
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Financings for Dec. 17, 2019

Dec. 17, 2019
Med-tech firms raising money in public or private financings.
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Vascular access startup Velano raises $25M to expand market, roll-out new products

Dec. 17, 2019
By Stacy Lawrence
San Francisco-based Velano Vascular Inc. has closed the second tranche of a $25 million financing that is slated to back ongoing commercialization of its PIVO device that uses an existing peripheral IV line for a blood draw. It also aims to roll-out a new, undisclosed product in 2020.
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Brain and DNA

Aspen secures $6.5M seed round for autologous neuron replacement in Parkinson’s

Dec. 16, 2019
By Stacy Lawrence
Aspen Neuroscience Inc. hopes to get into the clinic to test autologous neuron replacement in Parkinson’s disease with a $6.5 million seed round. The financing featured several established life sciences venture investors; it was led by Domain Associates and Axon Ventures and included Alexandria Venture Investments, Arch Venture Partners, Orbimed, and Section 32.
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Financings for Dec. 16, 2019

Dec. 16, 2019
Med-tech firms raising money in public or private financings.
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Wireframe hands, coins

Caresyntax scoops up $45.6M in new financing, acquires OR analytics provider Syus

Dec. 12, 2019
By Meg Bryant
Caresyntax GmbH, a Berlin-based provider of surgical automation, analytics and AI software technologies, picked up $45.6 million in venture funding. The funds will be used to accelerate U.S. and global expansion and support continued development and deployment of Caresyntax products. Participating in the financing were Whiz Partners, a Takeda-back drug discovery gateway investment limited partnership, Plug and Play Tech Center, Barco Healthcare, Mitsubishi Corp., Relyens, IPF Partners and Caresyntax founders Dennis Kogan and Bjoern von Siemens.
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Financings for Dec. 12, 2019

Dec. 12, 2019
Med-tech firms raising money in public or private financings.
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AI startups merge to form Vocalis, get $9M to advance vocal biomarkers for disease screening

Dec. 11, 2019
By Stacy Lawrence
A pair of Israeli health tech companies, Beyond Verbal and Healthymize, plan to merge to form Newton, Mass.-based Vocalis Health. The company will be focused on developing vocal biomarkers, which track voice patterns via phone calls or smart devices to screen for various voice-indicating ailments including chronic respiratory and cardiac conditions, as well as depression. Vocalis has raised a $9 million financing led by Israeli health tech and life science venture firm Amoon to accumulate additional clinical data and enhance its voice database.
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Current Health raises $11.5M to scale patient management tool

Dec. 11, 2019
By Meg Bryant
Current Health Ltd., of Edinburgh, Scotland, scooped up $11.5 million in a series A financing that was led by MMC Ventures. The funds are earmarked to scale up Current Health’s patient management platform, with the aim of preventing global illness in 1 million patients by 2021. Legal & General Group plc, a London-based financial services company, was the largest investor in the round and represents Current Health’s first corporate investor.
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Financings for Dec. 11, 2019

Dec. 11, 2019
Med-tech firms raising money in public or private financings.
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Imperative Care gets $85M to market aspiration-based devices to treat a broader range of stroke

Dec. 10, 2019
By Stacy Lawrence
The mechanical removal of clots from the brain has become increasingly standard in ischemic stroke cases. Last year, the American Heart Association/American Stroke Association guidelines expanded the recommended window for its use up to 24 hours an event. Aspiration-based device stroke treatment startup Imperative Care Inc. has now raised an $85 million series C round to back the marketing of two recently cleared products on this front.
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