Tech Company Financing Transactions
Alleviant Medical Funding Round
On 1/27/2023, Alleviant Medical secured $75 million in financing from RiverVest Venture Partners, S3 Ventures and Gilmartin Capital.
Transaction Overview
Company Name
Announced On
1/27/2023
Transaction Type
Venture Equity
Amount
$75,000,000
Round
Undisclosed
Investors
RiverVest Venture Partners (Lead Investor)
S3 Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to conduct its global pivotal trial, ALLAY-HF (Safety and Efficacy of the Alleviant System for No-Implant Interatrial Shunt Creation in Patients with Chronic Heart Failure).
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
7801 N Lamar Blvd D-106
Austin, TX 78752
USA
Austin, TX 78752
USA
Phone
Undisclosed
Website
Email Address
Overview
Alleviant Medical is a medical device company developing a minimally invasive, implant-free interatrial shunt device under clinical investigation for the treatment of chronic heart failure. Enrollment in Alleviant's randomized sham-controlled global study to evaluate its no-implant device is forthcoming.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Adam Berman
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