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iRiva Medical raises funds in Initial Financing Round led by F-Prime to develop neuromodulation technology.

PRIVATENov 11, 2025

Round Type

Funding Round

MinneapolisBiotechnologyHealth CareMedical

Investors

Norwest Venture PartnersHatteras Venture PartnersTreo VenturesF Prime

Description

iRiva Medical, Inc closed its initial financing round with participation from F-Prime, Hatteras Venture Partners, Norwest, and Treo Ventures. The funds will be used to develop innovative technology platforms for chronic diseases. The company also announced the appointment of Steve Masson as CEO. This marks an important step in iRiva's growth as a medical device company.

Quick answer

iRiva Medical raised an undisclosed amount in a Funding Round round, dated November 11, 2025. Investors: Norwest Venture Partners, Hatteras Venture Partners, Treo Ventures and F Prime. iRiva Medical is based in Minneapolis, Minnesota, United States.

How much did iRiva Medical raise?
iRiva Medical raised an undisclosed amount in a Funding Round round on November 11, 2025.
Who invested in iRiva Medical?
Norwest Venture Partners, Hatteras Venture Partners, Treo Ventures and F Prime are named as investors in this round.
What does iRiva Medical do?
iRiva Medical, Inc. is a Minneapolis-based development stage medical device company and a spinoff from NuXcel.
Where is iRiva Medical based and how big is it?
iRiva Medical is based in Minneapolis, Minnesota, United States. Fundz records about 3 employees.

Source: Fundz verified event record.

Who else raised in Medical and Biotechnology around the same time

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

  • FONAR raised $41M on December 23, 2025.
  • FONAR raised $10M on December 23, 2025.
  • MAIA Biotechnology raised $1.5M on December 22, 2025.
  • Clarity Pediatrics raised $15M (Series A) on December 17, 2025.
  • DigeHealth raised $1.3M (Seed) on December 15, 2025.
  • RoddyMedical raised $5M (Series A) on December 15, 2025.

Who to call at iRiva Medical, and when

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

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Company Information

Company

iRiva Medical

Location

Minneapolis, Minnesota, United States

About

iRiva Medical, Inc. is a Minneapolis-based development stage medical device company and a spinoff from NuXcel. The company is focused on developing and commercializing innovative neuromodulation technology platforms aimed at treating large patient populations suffering from chronic diseases. iRiva is the fourth company launched from the medical device accelerator NuXcel, which is backed by Treo Ventures.

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iRiva 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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