Tech Company Financing Transactions

Alpheus Medical Funding Round

On 5/15/2025, Alpheus Medical secured $52 million in Series B funding from HealthQuest Capital, Samsara BioCapital and Action Potential Venture Capital.

Transaction Overview

Company Name
Announced On
5/15/2025
Transaction Type
Venture Equity
Amount
$52,000,000
Round
Series B
Proceeds Purpose
The company intends to use the funds to support a Phase 2B randomized controlled trial (RCT) evaluating the efficacy of SDT in patients with newly diagnosed glioblastoma (GBM).

Company Information

Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
1266 Park Road
Chanhassen, MN 55317
USA
Phone
Undisclosed
Email Address
Overview
Alpheus Medical, Inc, is a privately held company based in Oakdale, Minnesota, developing a novel sonodynamic therapy platform targeting solid body cancers. The company's lead product utilizes a novel, non-invasive drug device combination for outpatient treatment of glioblastoma multiforme (GBM). Alpheus Medical's work has been developed in conjunction with some of the most accomplished names worldwide in neuro-oncology, and with support from BrightEdge, the impact investment and venture capital arm of the American Cancer Society, and National Brain Tumor Society.
Profile
Alpheus Medical LinkedIn Company Profile
Social Media
Alpheus Medical Company Twitter Account
Company News
Alpheus Medical News
Facebook
Alpheus Medical on Facebook
YouTube
Alpheus Medical on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Vijay Agarwal
  Vijay Agarwal LinkedIn Profile  Vijay Agarwal Twitter Account  Vijay Agarwal News  Vijay Agarwal on Facebook


 

 

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Where The Data Comes From

We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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