logo
logo

Ablative Solutions, Inc. Announces Completion Of The Fourth Tranche Of Its Series D Preferred Financing Round For Unique Therapeutic Approach To Treating Uncontrolled Hypertension

Jun 13, 2022about 3 years ago

Round Type

series d

Wakefield

Description

Ablative Solutions, Inc., a company pioneering new approaches to the treatment of hypertension, today announced the completion of the fourth tranche of its Series D financing round, resulting in $91.4 million in aggregate proceeds to the Company from the Series D financing round. Gilde Healthcare, BioStar Capital, Invus Opportunities and an undisclosed strategic corporate investor led the multi-tranched Series D round of financing.

Company Information

Company

Ablative Solutions

Location

Wakefield, Massachusetts, United States

About

The Company is currently enrolling patients in the TARGET BP I pivotal trial to evaluate safety and efficacy in the treatment of patients with uncontrolled hypertension in conjunction with antihypertensive medications. Ablative Solutions, Inc., based in Wakefield, MA, was founded in 2011 with a vision to address the unmet need of hypertension.