Calyxo Closes On $50 Million Equity Financing To Support Broad Launch Of Cvac Kidney Stone Treatment
Dec 12, 2023•about 2 years ago
Amount Raised
$50 Million
Investors
CrgQuesta CapitalAvidity Partners
Description
Calyxo, Inc., a medical device company developing next-generation treatment solutions for patients with kidney stones, has announced the closing of a $50 million Series D financing round led by Avidity Partners with significant participation from existing investors Questa Capital and CRG.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech