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Insightec announces $150M financing led by Fidelity Management & Research Company to expand incisionless neurosurgery and invest in new indications

Jun 18, 2024

Amount Raised

$150 Million

Round Type

Funding Round

Tirat CarmelBiotechnologyHealthcareHealth CareMedical

Investors

Perceptive AdvisorsYork Global Finance / Community FundGilmartin CapitalFayez Sarofim & Co.Catalio Capital ManagementBaillie GiffordAlly Bridge GroupNexus Neurotech VenturesFidelity Management & Research Company

Description

Insightec, a global healthcare company using focused ultrasound to transform patient care, has raised $150 million in equity financing. The round was led by Fidelity Management & Research Company and co-led by Nexus Neurotech Ventures and Ally Bridge Group. The financing provides Insightec with runway to expand incisionless neurosurgery and make strategic investments in new indications.

Who else raised in Healthcare and Medical around the same time

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

  • Lipella Pharmaceuticals raised $120K on July 31, 2024.
  • Otolith Labs raised $4.9M (Series A) on July 29, 2024.
  • Clarapath raised $36M (Series B) on July 24, 2024.
  • NeOnc Technologies raised $18M on July 15, 2024.
  • Purple Biotech raised $4.5M on July 1, 2024.
  • Route 92 Medical raised $50M on June 28, 2024.

Who to call at Insightec, and when

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Company Information

Company

Insightec

Location

Tirat Carmel, Haifa, Israel

About

Insightec is a global healthcare company dedicated to using focused ultrasound to transform patient care. With over 160 systems installed worldwide, Insightec's proprietary technology has been used in nearly 20,000 commercial applications and is currently FDA approved as an incisionless, immediate treatment for patients suffering from essential tremor and Parkinson's disease.

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Insightec 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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