Convergence Medical raised $5 million in a Series A led by Avicella Capital to commercialize their arthroscopic surgical robot in the US market.
Amount Raised
$5 Million
Round Type
Series A
BrisbaneManufacturingBiotechnologyHealth CareMedicalMedical DeviceInvestors
Description
Convergence Medical, a medtech startup, has raised $5 million in a Series A funding round. The funds will be used to support the commercialization of their robotic technology aimed at the arthroscopic surgery market in the US.
Quick answer
Convergence Medical raised $5 Million in a Series A round, dated January 16, 2025. Investors: Avicella Capital. Convergence Medical is based in Brisbane, Queensland, Australia.
- How much did Convergence Medical raise?
- Convergence Medical raised $5 Million in a Series A round on January 16, 2025.
- Who invested in Convergence Medical?
- Avicella Capital is named as investors in this round.
- What does Convergence Medical do?
- Convergence Medical is a medtech startup focused on developing advanced surgical technologies.
- Where is Convergence Medical based and how big is it?
- Convergence Medical is based in Brisbane, Queensland, Australia.
- Who are the decision-makers at Convergence Medical?
- Fundz holds 1 contact at Convergence Medical. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Medical and Medical Device around the same time
Companies in the same sectors as Convergence Medical that raised within 45 days of this round, from Fundz verified event records.
- Neochord raised $493K (Seed) on February 27, 2025.
- QDI Systems raised $7.9M (Funding Round) on February 24, 2025.
- SpineGuard® raised $104K (Pre-Seed) on January 7, 2025.
- QTREX Quantum Ltd raised $8.3M on December 27, 2024.
- Lazurite raised $1.7M (Seed) on December 26, 2024.
- Fibroheal Woundcare raised $742K (Pre-Series A) on December 15, 2024.
Who to call at Convergence Medical, and when
A new round usually means Convergence Medical is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Convergence Medical raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Convergence Medical, from your own LinkedIn network
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Funding Insights
What this usually meansConvergence 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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