Tech Company Financing Transactions

Magenta Medical Funding Round

Abiomed, private investors and Pitango Venture Capital participated in a $15 million Series B funding round for Magenta Medical. The financing was recorded on 9/29/2017.

Transaction Overview

Company Name
Announced On
9/29/2017
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series B
Investors

Abiomed (Lead Investor)

private investors (Lead Investor) (Jacques Seguin)

Pitango Venture Capital (Lead Investor) (David Israeli)

JAFCO

Proceeds Purpose
The current funding will allow us to expand and accelerate the clinical program on the path to approval in Europe and a pivotal study in the U.S.

Company Information

Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
10 Allen St.
Hanover, NH 03755
USA
Website
Email Address
Not Recorded
Overview
Magenta Medical is developing a device that provides hemostasis during minimally-invasive off pump coronary artery bypass graft surgery, without the use of an aortic clamp.
Profile
Magenta Medical LinkedIn Company Profile
Social Media
Magenta Medical Company Twitter Account
Company News
Magenta Medical News
Facebook
Magenta Medical on Facebook
YouTube
Magenta Medical on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ehud Schwammenthal
  Ehud Schwammenthal LinkedIn Profile  Ehud Schwammenthal Twitter Account  Ehud Schwammenthal News  Ehud Schwammenthal on Facebook


 

 

Browse more venture capital transactions:

Prev: 9/29/2017: PlanGrid venture capital transaction
Next: 9/29/2017: Silk Therapeutics venture capital transaction

 

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Where The Data Comes From

We report on all VC transactions involving tech companies. VC transactions on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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