We are delighted to share that Xinzeyuan, a leading platform in the minimally invasive surgical supply chain and a portfolio company of Qiming Venture Partners, has successfully completed its B+ round of financing, raising nearly RMB 100 million. Qiming Venture Partners has led in the Series B round and continued to invest in this round. The company has secured two rounds of financing within just six months, reflecting strong recognition and confidence from investment institutions. Founded in 2015, Xinzeyuan has built a robust platform centered on the full supply chain of minimally invasive medical devices. Its core business spans four key areas: rigid endoscopes, flexible endoscopes, endoscopic surgical devices, and minimally invasive surgical devices, serving a wide range of medical brands. Oscar Zhang, Partner of Qiming Venture Partners, said, "In the six months since we led Xinzeyuan's Series B round, the company has made significant strides in product development and business expansion. We have been continually impressed by Xinzeyuan's innovation and execution. We remain confident in the future of China's medical device industry and are committed to supporting exceptional companies like Xinzeyuan as they grow and make their mark on the global stage." #InnovationInHealthcare #MinimallyInvasiveSurgery #MedicalDevices #VentureCapital #MedTechLeadership #QimingPortfolio #QimingHealthcare
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🌟 Exciting News in Medical Innovation! 🌟 In December 2024, AccuPath proudly announced its strategic investment in Perflow Medical, teaming up with Israeli technology to bolster R&D innovation in braiding. This collaboration will introduce advanced overseas technology, accelerating the implementation of state-of-the-art braiding technology and driving technological progress and industrial transformation in the medical sector. 🧵🩺 This investment will enhance the synergy and upgrade of advanced braiding technology between AccuPath and Perflow Medical, providing more accurate and dependable CDMO solutions for critical medical domains such as neurovascular intervention, aneurysm treatment, and intracranial atherosclerosis. Join us in shaping the future of healthcare! #AccuPath # PerflowMedical #MedicalTech #InnovationCollaboration
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🚀 Atlantic Bridge’s portfolio company LaNua Medical, an innovative Irish MedTech start-up and University College Dublin spin-out, has secured €6 million in seed funding! 🎉 This funding will accelerate the development of LaNua’s groundbreaking ECORE™ device, designed to modernise embolisation procedures. With the potential to enhance patient outcomes, LaNua’s platform technology represents a major leap forward in treating internal bleeding, vascular malformations, and tumors. The company will be hiring across R&D and Quality roles as it builds towards international expansion, targeting the US market in 2025. 👏Congratulations to Dr. Cormac Farrelly, Tom Fitzmaurice, Dr. Eoin O’Cearbhaill, and Dr. Sajjad Amiri on this milestone! Learn more about their work here: https://lnkd.in/d75cPXXu #MedTech #Innovation #HealthTech #Ireland #Investment
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We are pleased and honored to announce that the Tokio based Kaneka corporation, has aquired EndoStream Medical Ltd., marking the first and very successful exit for Galil Ofek Innovation Fund. EndoStream, specializes in innovative technologies for cerebrovascular diseases and has developed the Nautilus™ device for treating cerebral aneurysms. This acquisition underscores the strength of Israel's medical device sector and the value of our investment strategy. This milestone reflects GO Innovation commitment to nurturing groundbreaking medical technologies that address critical healthcare needs. Danel Mayer Israel Innovation Authority Eyal Aviram EndoStream Medical
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More to come
The acquisition of JC Medical, Inc. from Genesis Medtech Group shows that Edwards Lifesciences remains focused on pursuing advanced #TAVR treatments. The company just acquired JenaValve, another company dedicated to developing new offerings for AR, back in July.
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Big news in Medtech! Merit Medical just made a bold $105M move, scooping up the EsophyX Z+ device from EndoGastric Solutions. This isn't just a win for Merit; it's a game-changer for those battling GERD. This smart addition is all about minimally invasive treatment, offering fresh hope and cutting-edge care without a single incision. With Merit Medical's focus on strategic growth, this deal isn't merely a purchase; it's a leap forward expanding their reach in gastrointestinal care. Thoughts on how this acquisition might change the playing field? Drop your take below! #Medtech #Innovation #HealthcareIndustry
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💰 Okami Medical secures $32.5m funding to advance catheter-based technologies Other participants in the financing include existing investors US Venture Partners, Okami’s board of directors, and others in the medical device industry. Okami intends to use the funding to support the development and commercialisation of its advanced catheter-based technologies for peripheral vascular occlusion. The medical device company has developed the LOBO (LOw-profile Braided Occluder) vascular occlusion system and the SENDERO Microcatheter. Read more online: https://lnkd.in/dY87rbVJ 📰 Follow Medical Device Developments to receive the latest medical device news daily and to subscribe to our weekly newsletter #MedicalDeviceDevelopments #medicaldevices #medicalmanufacturing
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Saluda Medical closed a $100m #financinground to support its closed-loop, dose-control #neuromodulation platform Evoke. 👏 💰 Existing investor Redmile Group led the #financinground, which saw participation from Wellington Management, TPG Life Sciences Innovation, Fidelity Management And Research Company, Action Potential Venture Capital and funds and accounts advised by T. Rowe Price Associates. New investor HEARTLAND PIPER LLC Healthcare Capital joined in the round as well. Well done to CEO Jim Schuermann and the team! 🔗 Read more: https://lnkd.in/d6EYFDrJ #MedicalDevice #MedTech #MedicalEquipment #HealthTech #MedicalDevices #Medicine #TechNews #Funding #MedTechFunding #AngelInvestment #GSCapitalConnect
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Big news in the Medtech world! Stryker has just announced a $4.9 billion all-cash deal to acquire Inari Medical 🎉. This is a significant step for Stryker as they expand their portfolio to address venous thromboembolism and other vascular diseases. CEO Kevin Lobo highlighted how this acquisition will provide life-saving solutions and elevate the standard of care for patients with peripheral vascular diseases. The news has already had an impact, with Inari's shares surging over 30% during regular trading hours. It's an exciting time for both companies as they prepare to close the deal by the end of Q1 2025. These developments underscore the growing demand for medical implant devices, particularly among older adults in the U.S. Kudos to Stryker and Inari for their commitment to advancing healthcare. Stay tuned, there's more to come! #Medtech #HealthcareInnovation #MedicalDevices
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🚨 Big News in Medical Tech 🚨 Route 92 Medical, a neurovascular interventional solutions company based in San Mateo, just raised $50M in Series F extension funding! 💰 Led by Novo Holdings, the round also included US Venture Partners, Norwest Venture Partners, InnovaHealth Partners, LP, and The Vertical Group. 🏦 In connection with the investment, Noel Jee, Partner, Growth Investments, Novo Holdings US, joins the Route 92 Board of Directors. 🎯 What’s Next? The funding will accelerate global commercialization of their neurovascular intervention portfolio and support regulatory approvals in new regions. 🌍 Why it Matters: With innovations like the FreeClimb, HiPoint Catheter Systems, and the Monopoint® Operating Platform—powered by the Tenzing® Delivery Catheter—Route 92 is simplifying stroke treatment by streamlining procedures, reducing time and cost, and improving outcomes. ⏱️💡 CEO Tony Chou emphasizes how this investment will help Route 92 continue collaborating with neurovascular clinicians to solve real-world challenges and deliver differentiated solutions for better patient care. 🏥 Noel Jee, Partner at Novo Holdings, joins the Board of Directors to further drive this mission forward. 📈 💼 Transforming neuro intervention, one innovation at a time! 📢 Stay tuned to Future Techly for the latest updates on this groundbreaking initiative and the latest in tech and business! 💥 Source: FinSMEs #MedicalTech #Neurovascular #Funding #Innovation #Healthcare #Route92 #PatientCare #FutureTechly
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Capstan Medical receives $110 million in funding from Yu Galaxy, Intuitive Ventures, Gideon Strategic Partners, and Eclipse Ventures. Founded in 2020, Capstan Medical is creating a new standard for minimally invasive, heart valve intervention. The company is developing a suite of next-generation heart valve implants and a first-of-its-kind catheter-based robotic delivery platform. Nominate a Top Women Leaders and Top CEOs in Healthcare Technology of 2024 at https://lnkd.in/d9crSvH Sign up for our free email newsletter at https://lnkd.in/gNfBS6g #healthtech #healthcare #venturecapital #medicaldevices
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