Tech Company Financing Transactions

Magenta Medical Funding Round

Magenta Medical secured a $55 million funding round on 5/3/2023. Investors included OrbiMed, ALIVE Israel HealthTech Fund and New Enterprise Associates.

Transaction Overview

Company Name
Announced On
5/3/2023
Transaction Type
Venture Equity
Amount
$55,000,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to advance the clinical programs of its product in the United States towards its first FDA approval.

Company Information

Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
10 Allen St.
Hanover, NH 03755
USA
Website
Email Address
Not Recorded
Overview
Magenta Medical is developing a device that provides hemostasis during minimally-invasive off pump coronary artery bypass graft surgery, without the use of an aortic clamp.
Profile
Magenta Medical LinkedIn Company Profile
Social Media
Magenta Medical Company Twitter Account
Company News
Magenta Medical News
Facebook
Magenta Medical on Facebook
YouTube
Magenta Medical on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ehud Schwammenthal
  Ehud Schwammenthal LinkedIn Profile  Ehud Schwammenthal Twitter Account  Ehud Schwammenthal News  Ehud Schwammenthal on Facebook


 

 

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Where The Data Comes From

We report on all VC transactions involving tech companies. VC transactions 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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