Tech Company Financing Transactions
Adona Medical Funding Round
Adona Medical, based in Campbell, secured $37.5 million from Cormorant Asset Management, The Capital Partnership and AMED Ventures.
Transaction Overview
Company Name
Announced On
4/29/2022
Transaction Type
Venture Equity
Amount
$37,500,000
Round
Series B
Investors
Cormorant Asset Management (Lead Investor)
The Capital Partnership (Lead Investor)
Proceeds Purpose
Series B financing, which will be used to complete product development and support further evaluation of the company's next-generation heart failure management platform.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
590 Division St.
Campbell, CA 95008
USA
Campbell, CA 95008
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Adona Medical, a privately held portfolio company of Shifamed LLC, is innovating interventional approaches for heart failure, a complex and progressive condition impacting approximately 6.5 million patients in the US alone1.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Brian Fahey
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Our team works diligently to record all VC transactions involving tech companies. All VC database entries 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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