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Zenflow Secures $24 Million Financing Round to Support FDA Filing & Commercial Preparation
Nov 19, 2024•over 1 year ago
Contract Type
partnership
Description
Zenflow, Inc. has closed a $24 million Series C financing round, with new investor Cook Medical and existing investors contributing. The funds will be used to support the company’s Pre-Market Approval (PMA) submission and to prepare for commercialization upon FDA approval of its Spring® System, a minimally invasive treatment option for patients suffering from enlarged prostate.
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Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months