Ablative Solutions, Inc. Announces Completion Of The Fourth Tranche Of Its Series D Preferred Financing Round For Unique Therapeutic Approach To Treating Uncontrolled Hypertension
PRIVATEJun 13, 2022
Round Type
Series D
WakefieldHealthcareHealth Care
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.
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Company Information
Company
Ablative Solutions
Location
301 Edgewater Place
Wakefield, Massachusetts, United States
About
Ablative Solutions is a clinical-stage medical device start-up that is pioneering the novel approach of Transcatheter Perivascular Alcohol Denervation for the treatment of hypertension.
Hypertension, or high blood pressure, is a modern day epidemic, affecting more than one billion people worldwide and an estimated 67 million in the United States alone. Often described as "the silent killer", hypertension is strongly associated with heart disease and stroke.
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