Tech Company Financing Transactions

Cardialen Funding Round

On 10/11/2018, Cardialen raised $17 million in Series B funding from RiverVest Venture Partners, Cultivation Capital and HBM Healthcare Investments.

Transaction Overview

Company Name
Announced On
10/11/2018
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Series B
Proceeds Purpose
The financing will be used to advance Cardialen's clinical program with further human testing of its unpinning termination (UPT) therapy and begin development of an implantable device.

Company Information

Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
6160 Summit Drive N. 450
Minneapolis, MN 55430
USA
Email Address
Not Recorded
Overview
Cardialen is revolutionizing atrial fibrillation (AF) treatment by offering a unique solution: a gentle, low energy therapy, released from an implantable device. This treatment will stop symptoms at the onset of AF, keep people out of the healthcare system, and greatly reduce AF's significant financial impact.
Profile
Cardialen LinkedIn Company Profile
Social Media
Cardialen Company Twitter Account
Company News
Cardialen News
Facebook
Cardialen on Facebook
YouTube
Cardialen on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jeffrey Peters
  Jeffrey Peters LinkedIn Profile  Jeffrey Peters Twitter Account  Jeffrey Peters News  Jeffrey Peters on Facebook
Chief Financial Officer
John Testa
  John Testa LinkedIn Profile  John Testa Twitter Account  John Testa News  John Testa on Facebook
Vice President
Thomas Rasmussen
  Thomas Rasmussen LinkedIn Profile  Thomas Rasmussen Twitter Account  Thomas Rasmussen News  Thomas Rasmussen on Facebook
VP - Regulatory Affairs
Michelle Straight
  Michelle Straight LinkedIn Profile  Michelle Straight Twitter Account  Michelle Straight News  Michelle Straight on Facebook


 

 

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