Tech Company Financing Transactions
Stratus Medical Funding Round
On 2/4/2026, Stratus Medical secured $10 million in Series B financing from Wasatch Health and private investors.
Transaction Overview
Company Name
Announced On
2/4/2026
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors
Wasatch Health (Lead Investor)
Proceeds Purpose
The company intends to use the funds to complete development of the Stratus Medical RF Generator and neurovasis basivertebral nerve ablation (BVNA) technology, expand and protect its valuable patent portfolio, and fund a clinical study.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
32303 FM-2978
Magnolia, TX 77354
US
Magnolia, TX 77354
US
Phone
Website
Email Address
Overview
Stratus® Medical's mission is to improve clinical outcomes for chronic pain patients by Advancing RF Technology for the Treatment of Pain®. Stratus Medical has been recognized for innovation, revenue growth, & business performance by Deloitte Technology Fast 500, Pepperdine Most Fundable Companies, & The Houston Business Journal. The Nimbus® RF Multitined Expandable Electrode, in combination with an RF Generator and Probe, are intended for use in radiofrequency (RF) heat lesion procedures for the treatment of pain. Nimbus creates a large volume and optimally shaped lesion. Nimbus provides faster procedure times, lower cost and reproducible and durable pain relief. The Nimbus RF procedure takes about 20 minutes and is completed in a procedure suite in the office, ASC or hospital outpatient department. Patients can be treated while awake with numbing medication or sedated, depending on physician and facility preference. Nimbus has 40+ issued patents, several patents pending, is
Management Team
Title
Name
Email & Social
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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 company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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