Tech Company Financing Transactions
Adagio Medical Funding Round
ArrowMark Partners, Fjord Ventures and JMR Capital invested in a $42.5 million Series E capital raise for Adagio Medical. The funding round closed on 11/17/2020.
Transaction Overview
Company Name
Announced On
11/17/2020
Transaction Type
Venture Equity
Amount
$42,500,000
Round
Series E
Investors
ArrowMark Partners (Tuan Huynh)
RA Capital (Zach Scheiner)
Proceeds Purpose
The company intends to use the funds to further develop the iCLAS Investigational Device Exemption (IDE) trial, accelerate the European VT CE-Mark trial, advance the commercialization of the iCLAS system in CE-Mark countries, and continue the development and clinical validation of its pulsed field cryoablation (PFCA) technology.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
26051 Merit Cir. 102
Laguna Hills, CA 92653
USA
Laguna Hills, CA 92653
USA
Phone
Website
Email Address
Overview
Adagio Medical Inc. operates in the healthcare sector. Adagio Medical Inc. was founded in 2011 and is based in Laguna Hills, California.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Olav Bergheim
Chief Financial Officer
Andrew Wade
Chief Operating Officer
Hakon Bergheim
Chief Technical Officer
Alex Babkin
General Manager
Michael Heuer
VP - Regulatory Affairs
Nabil Jubran
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Where The Data Comes From
We report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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