Tech Company Financing Transactions
Medical Microinstruments Funding Round
Medical Microinstruments, based in Pisa (PI), scored $110 million in funding from Fidelity Management & Research Company and private investors.
Transaction Overview
Company Name
Announced On
2/21/2024
Transaction Type
Venture Equity
Amount
$110,000,000
Round
Series C
Investors
Fidelity Management & Research Company (Lead Investor)
Proceeds Purpose
The company intends to use the funds to support commercialization of the Symani® Surgical System in high-growth markets and continue investment in studies that generate clinical evidence and enable indication expansion.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
Via Egidio Giannessi 54
Pisa (PI), 56121
Italy
Pisa (PI), 56121
Italy
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
At MMI, we believe that life is all about connections. When it comes to performing an anastomosis during a microsurgical procedure, the quality of that connection may even determine if the outcome is successful. The Symani Surgical System is designed to help surgeons connect tiny vessels under 2.0mm in diameter as delicately and precisely as possible.
Profile
Social Media
Company News
Facebook
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Management Team
Title
Name
Email & Social
Chief Executive Officer
Mark Toland
Chief Financial Officer
Gianluca Landi
VP - Marketing
Jamie Milas
VP - Operations
Alan Simonian
VP - Operations
Giancarlo Testaverde
VP - R & D
Massimiliano Simi
VP - Regulatory Affairs
Mauro Ercolani
VP - Regulatory Affairs
John Van Vleet
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