Finance > Venture Deals Database > Venture Transactions Database > Monthly Deals (All) > August 2016 VC Transactions
Torax Medical

Tech Company Financing Transactions

Torax Medical Funding Round

On 8/8/2016, Torax Medical secured $25 million in Series E financing from Johnson & Johnson Development Corporation, Accuitive Medical Ventures and Kaiser Permanente Ventures.

Transaction Overview

Company Name

Torax Medical

Announced On

8/8/2016

Transaction Type

Venture Equity

Amount

$25,000,000

Round

Series E

Investors

Johnson & Johnson Development Corporation (Lead Investor)

Accuitive Medical Ventures

Kaiser Permanente Ventures

Mayo Medical Ventures

Piper Jaffray Ventures (Thomas Schnettler)

Sanderling Ventures (Timothy Mills)

Thomas, McNerny & Partners (Peter McNerney)

Proceeds Purpose

Torax Medical will use the funds to commercially scale its platform of products, which are used to treat chronic diseases related to weak sphincter muscles.

Company Information

Company Status

Acquired or Merged

Industry

Medical Devices & Instruments

Mailing Address

One Landmark Square 1920
Stamford, CT 06901
USA

Phone

(203) 978-2000

Website

www.tm-partners.com

Email Address

[email protected]

Overview

Torax Medical is a clinical-stage medical device company founded in 2002.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Financial Officer

Susan Haedt

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Prev: 8/7/2016: Graphiq venture capital transaction
Next: 8/8/2016: Oblong Industries venture capital transaction

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