Tech Company Financing Transactions
Shape Memory Medical Funding Round
Shape Memory Medical secured a $38 million Series C funding round on 3/4/2024. Investors included Earlybird Venture Capital, Emergent Medical Partners and HBM Healthcare Investments.
Transaction Overview
Company Name
Announced On
3/4/2024
Transaction Type
Venture Equity
Amount
$38,000,000
Round
Series C
Investors
Earlybird Venture Capital (Lead Investor) (Thom Rasche)
Proceeds Purpose
The company intends to use the funds to accelerate the clinical and market development of shape memory polymer technology for aortic and peripheral vascular markets. The funds will support the execution of the AAA-SHAPE Pivotal Trial, a randomized controlled study comparing EVAR plus sac management with IMPEDE-FX RapidFill to stand-alone EVAR. The funding will also support the research and development of our product pipeline, and the expansion of sales and marketing strategies to address the increasing demand for the company's commercially-available IMPEDE Embolization Plug family of devices.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
807 Aldo Avenue 109
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Website
Email Address
Overview
Shape Memory Medical is a California-based, global medical device company focused on innovative therapeutic solutions using shape memory polymer technology. Shape Memory Medical is the only company using the science of smart polymer to address challenging medical conditions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Edward Ruppel
VP - Bus. Development
Anthony Lipp
VP - Marketing
Mary Dennehy
VP - R & D
Chung Yeh
VP - Regulatory Affairs
Meghan Reu
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