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Confluent Medical Announces Closing Of Majority Investment From Tpg

PRIVATEFeb 17, 2022

Round Type

Venture

ScottsdaleManufacturingBiotechnologyHealth CareMedical Device

Description

Confluent Medical Technologies (“Confluent”), a leading materials science, development, and manufacturing partner to medical device manufacturers, today announced the closing of a majority investment from TPG Capital, the private equity platform of alternative asset management firm TPG.

Quick answer

Confluent Medical raised an undisclosed amount in a funding round, dated February 17, 2022. Confluent Medical is based in Scottsdale, Arizona, United States.

How much did Confluent Medical raise?
Confluent Medical raised an undisclosed amount in a funding round on February 17, 2022.
What does Confluent Medical do?
Confluent Applies Materials Science to MedTech Innovation.
Where is Confluent Medical based and how big is it?
Confluent Medical is based in Scottsdale, Arizona, United States. Fundz records about 2,000 employees.

Source: Fundz verified event record.

Who else raised in Medical Device and Manufacturing around the same time

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

  • Neochord raised $1.8M (Seed) on March 8, 2022.
  • Levita Magnetics International Corp. raised $20M on February 15, 2022.
  • JenaValve raised $100M on January 4, 2022.
  • Flyte raised $75K (Seed) on March 31, 2022.
  • Helus Pharma raised $317K on March 22, 2022.
  • Helus Pharma raised $18K on March 21, 2022.

Who to call at Confluent Medical, and when

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

  • An alert the day Confluent Medical raises, hires an executive or expands, scored against what you sell
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Company Information

Company

Confluent Medical

Location

Scottsdale, Arizona, United States

About

Confluent Applies Materials Science to MedTech Innovation. Confluent’s engineered solutions to the most challenging design problems enable our OEM medical device customers to offer life-saving products. Our customers rely on Confluent for materials science and associated manufacturing expertise which is critical to the function and value of their most demanding, high growth products – proprietary expertise which spans processing of high purity Nitinol, ultra-high density knitting of biomedical textiles and precision laser treatment of specialty polymers. Confluent partners with leading OEMs to create a selective product portfolio which includes such complex applications as transcatheter heart valves, neurovascular implants, endovascular stent grafts and advanced smart catheters. With facilities in Fremont and Laguna Niguel, California; Warwick, Rhode Island; Windham, Maine; Austin, Texas; Chattanooga, Tennessee; and San Jose, Costa Rica, Confluent has earned the confidence of the leaders in the medical device community through a proven track record of innovative materials science, engineering and manufacturing. For more information, visit confluentmedical.com.

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

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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.