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FastWave Medical raised $19M in a funding round led by Epic Venture Partners to support ongoing regulatory and clinical initiatives for its IVL platforms.

Dec 17, 2024about 1 year ago

Amount Raised

$19 Million

Maple GroveMedical DeviceMedicalBiotechnologyHealth Care

Investors

M&L Healthcare InvestmentsEpic Venture Partners

Description

FastWave Medical announced the close of a $19 million funding round, increasing its total capital to over $40 million. The funding will assist in the rapid development of their intravascular lithotripsy (IVL) systems.

Company Information

Company

FastWave Medical

Location

Maple Grove, Minnesota, United States

About

FastWave Medical Inc. is a pioneering medical device company focused on differentiated approaches to addressing calcified cardiovascular disease through advanced intravascular lithotripsy (IVL). The company is dedicated to rapidly advancing its next-generation IVL therapies through product development and clinical trials.

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Funding Insights

Based on industry data
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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
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