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Magnus Medical announced it raised $23.7 Million in an initial filing from an offering of $77 Million

PRIVATEMay 12, 2025•over 1 year ago

Amount Raised

$23.7 Million

Round Type

Venture - Series Unknown

BurlingameHealth Care

Company Information

Company

Magnus Medical

Location

Burlingame, California, United States

About

Magnus Medical is a privately held medical device company driven to transform lives by restoring mental health. The company is a developer of brain stimulation technology for the treatment of neuropsychiatric disorders. Its first product is the SAINT™ Neuromodulation System, granted Breakthrough Device Designation and 510(k) clearance by the U.S. Food & Drug Administration (FDA) in September 2022 for the treatment of major depressive disorder (MDD) in adults who have failed to achieve satisfactory improvement from prior antidepressant medications in the current episode.

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Magnus 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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