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Apreo Health has raised $130 million in a Series B financing round, led by Bain Capital Life Sciences and Norwest, to support pivotal trial and commercialization of its airway scaffold for severe emphysema.

PRIVATEAug 07, 2025

Amount Raised

$130 Million

Round Type

Series B

Menlo ParkBiotechnologyHealth CareMedicalmedical devices

Investors

Norwest Venture PartnersF PrimeIntuitive VenturesLightstone VenturesSanté VenturesBain Capital Life Sciences

Description

Apreo Health, a clinical-stage medical device company, announced the closing of an oversubscribed $130 million Series B financing round. The funding will support the BREATHE-3 trial, aimed at evaluating the safety and efficacy of their airway scaffold. New investors included Bain Capital Life Sciences and Norwest, with participation from others. This financing represents a significant milestone for the development of innovative treatments for severe emphysema.

Quick answer

Apreo Health raised $130 Million in a Series B round, dated August 7, 2025. Investors: Norwest Venture Partners, F Prime, Intuitive Ventures, Lightstone Ventures, Santé Ventures and Bain Capital Life Sciences. Apreo Health is based in Menlo Park, California, United States.

How much did Apreo Health raise?
Apreo Health raised $130 Million in a Series B round on August 7, 2025.
Who invested in Apreo Health?
Norwest Venture Partners, F Prime, Intuitive Ventures, Lightstone Ventures, Santé Ventures and Bain Capital Life Sciences are named as investors in this round.
What does Apreo Health do?
Apreo Health is redefining interventional pulmonology with a non-destructive, tissue-sparing solution for severe emphysema—one of the most under-treated and misunderstood diseases in medicine.
Where is Apreo Health based and how big is it?
Apreo Health is based in Menlo Park, California, United States. Fundz records about 22 employees.
Who are the decision-makers at Apreo Health?
Fundz holds 1 contact at Apreo Health. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Medical and medical devices around the same time

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

  • Ronovo Surgical raised $67M (Series D) on September 5, 2025.
  • Sophont raised $9.2M (Seed) on September 11, 2025.
  • Noxilizer raised $30M (Funding Round) on September 10, 2025.
  • MadSci raised $10M (Seed) on September 8, 2025.
  • AI Technology Group raised $2M (Seed) on September 5, 2025.
  • Compact Medical raised $200K on September 2, 2025.

Who to call at Apreo Health, and when

A new round usually means Apreo Health is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Apreo Health

Location

4040 Campbell Ave

Menlo Park, California, United States

About

Apreo Health is redefining interventional pulmonology with a non-destructive, tissue-sparing solution for severe emphysema—one of the most under-treated and misunderstood diseases in medicine. Formed at The Foundry, one of the world’s premier medtech incubators, and backed by top-tier investors, Apreo is led by a team with deep expertise in both pulmonary medicine and medical device innovation. The company is advancing a therapy purpose-built to expand access, simplify delivery, and transform the treatment pathway for patients with severe emphysema.

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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

Apreo Health 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.

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