Fundz

Alucent Biomedical Announces $35 Million Series B Financing Led by a Multinational Strategic Investor

PRIVATEOct 01, 2020

Amount Raised

$35 Million

Round Type

Series B

Salt Lake CityBiotechnology

Description

Alucent Biomedical, a privately held medical technology company founded to transform the way vascular disease is treated, today announced the close of a $35 million Series B financing round led by a large multinational strategic investor and joined by another new investor, Fresenius Medical Care Ventures. Alucent was founded by the Avera Research Institute, an arm of Avera Health, which also contributed to the financing. Including the Series B funding, the company has raised approximately $60 million to date.

Quick answer

Alucent Biomedical, Inc. raised $35 Million in a Series B round, dated October 1, 2020. Alucent Biomedical, Inc. is based in Salt Lake City, Utah, United States.

How much did Alucent Biomedical, Inc. raise?
Alucent Biomedical, Inc. raised $35 Million in a Series B round on October 1, 2020.
What does Alucent Biomedical, Inc. do?
Alucent Medical, Inc. is a privately-held biotechnology company, based in Salt Lake City, UT, developing a novel drug-device combination therapy, Natural Vascular Scaffolding (NVS) for patients with peripheral vascular..
Where is Alucent Biomedical, Inc. based and how big is it?
Alucent Biomedical, Inc. is based in Salt Lake City, Utah, United States.
Who are the decision-makers at Alucent Biomedical, Inc?
Fundz holds 1 contact at Alucent Biomedical, Inc., including the Study Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

Companies in the same sectors as Alucent Biomedical, Inc. that raised within 45 days of this round, from Fundz verified event records.

  • Definium Therapeutics raised $248K (Seed) on November 13, 2020.
  • Jupiter Biomedical Research, Inc. raised $625K (Seed) on November 13, 2020.
  • Edwards Lifesciences raised $114K (Pre-Seed) on November 13, 2020.
  • LianBio raised $270M on November 12, 2020.
  • ALUNG TECHNOLOGIES INC raised $5.4M on November 12, 2020.
  • Decibel Therapeutics, Inc. raised $55M on November 12, 2020.

Who to call at Alucent Biomedical, Inc., and when

A new round usually means Alucent Biomedical, Inc. is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Alucent Biomedical, Inc. raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Alucent Biomedical, Inc., from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Alucent Biomedical, Inc.. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Alucent Biomedical, Inc.

Location

675 ARAPEEN DRIVE, SUITE 102

Salt Lake City, Utah, United States

About

Alucent Medical, Inc. is a privately-held biotechnology company, based in Salt Lake City, UT, developing a novel drug-device combination therapy, Natural Vascular Scaffolding (NVS) for patients with peripheral vascular disease.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Alucent Biomedical, Inc. raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsHenry H., Study Director hidden hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Alucent Biomedical, Inc.'s next move

See what Strategic adds

Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Alucent Biomedical, Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.