Candesant Biomedical Announces $35M In Series B Financing To Advance Commercialization Of Brella™, The First And Only Fda-Cleared 3-Minute Sweatcontrol Patch™
Jun 06, 2023•over 2 years ago
Amount Raised
$35 Million
Round Type
series b
Investors
Correlation VenturesAstia FundPolaris PartnersKck Med Tech
Description
Candesant Biomedical, Inc. ("Candesant"), a private medical device company focused on the development and commercialization of non-invasive treatments for hyperhidrosis or excessive sweating, today announced the closing of a Series B financing, raising a total of $35 million to advance the commercialization of Brella, the first-and-only FDA-cleared 3-Minute SweatControl Patch. The financing was led by KCK MedTech, a venture capital firm specializing in medical technologies, along with other investors including Polaris Partners, Astia Fund, and Correlation Ventures.
Funding Insights
Based on industry dataVC-backed spending patterns
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Tech investment trends
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