Fundz

Monteris Medical Us, Inc. announced it raised $10.7 Million in an initial filing from an offering of $17.2 Million

PRIVATEJan 22, 2019

Amount Raised

$10.7 Million

Round Type

Venture

MinnetonkaManufacturingBiotechnologyHealthcareHealth CareMedicalMedical Device

Company Information

Company

Monteris Medical

Location

131 Cheshire Lane

Minnetonka, Minnesota, United States

About

Monteris Medical is a privately held company that develops and markets innovative MR-guided ablation systems to perform minimally invasive, robotically controlled brain surgery, commonly referred to as laser ablation, LITT (Laser Interstitial Thermal Therapy) or SLA (Stereotactic Laser Ablation). The Monteris NeuroBlate System is the only minimally invasive system that enables a robotic interface for the precise and safe delivery of laser energy. The Monteris Medical NeuroBlate System is a neurosurgical tool and is intended for ablating intracranial soft tissue, including brain structures such as brain tumors, radiation necrosis, and epileptic foci (as identified by non-invasive and invasive neurodiagnostic testing, including imaging). For more information, visit monteris.com.

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Monteris 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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