Cagent Vascular Inc. received $15 million in growth capital from Trinity Capital Inc. to enhance its innovative vascular treatment technologies.
PRIVATEFeb 20, 2025
Amount Raised
$15 Million
Round Type
Funding Round
WayneHealthcareHealth Care
Investors
US Venture PartnersTrinity Capital Inc.
Description
Trinity Capital Inc. has announced a commitment of $15 million in growth capital to Cagent Vascular Inc., aimed at supporting their advanced endovascular solutions. This investment complements a previous equity financing of $45 million led by US Venture Partners in 2024.
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Company Information
Company
Cagent Vascular
Location
150 STRAFFORD AVENUE
Wayne, Pennsylvania, United States
About
Cagent Vascular has developed and commercialized its novel angioplasty balloon with Serration Technology to treat blocked arteries in the leg or Peripheral Artery Disease (PAD) and Chronic Limb Threatening Ischemia (CLTI). The Serranator PTA Serration Balloon Catheter is the first and only angioplasty balloon with serration technology.
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