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Nalu Medical, Inc. raised $85M in a Series E round led by Novo Holdings with $65M and new investor B Capital with $20M to develop innovative solutions for chronic neuropathic pain.

PRIVATEMar 05, 2024

Amount Raised

$85 Million

Round Type

Series E

CarlsbadBiotechnologyHealth CareMedicalMedical Device

Investors

Aperture Venture PartnersPura VidaAdvent Life SciencesLongitude CapitalDecheng CapitalEndeavour VisionMvm PartnersGilde HealthcareNovo HoldingsB Capital

Description

Nalu Medical, Inc. announced the closing of an incremental $20M equity financing from new investor B Capital, bringing the total Series E round of equity investment to $85M. The Series E was led by Novo Holdings with $65M of the total.

Quick answer

Nalu Medical raised $85 Million in a Series E round, dated March 5, 2024. Investors: Aperture Venture Partners, Pura Vida, Advent Life Sciences, Longitude Capital, Decheng Capital, Endeavour Vision, Mvm Partners and Gilde Healthcare. Nalu Medical is based in Carlsbad, California, United States.

How much did Nalu Medical raise?
Nalu Medical raised $85 Million in a Series E round on March 5, 2024.
Who invested in Nalu Medical?
Aperture Venture Partners, Pura Vida, Advent Life Sciences, Longitude Capital, Decheng Capital, Endeavour Vision, Mvm Partners and Gilde Healthcare are named as investors in this round.
What does Nalu Medical do?
Nalu is a Carlsbad, California-based medical technology company focused on developing and commercializing innovative and minimally invasive solutions for patients with chronic neuropathic pain.
Where is Nalu Medical based and how big is it?
Nalu Medical is based in Carlsbad, California, United States.
Who are the decision-makers at Nalu Medical?
Fundz holds 1 contact at Nalu Medical. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Medical and Medical Device around the same time

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

  • Elucent Medical raised $43M (Series C) on April 10, 2024.
  • Neurovalens raised $2.7M (Seed) on April 8, 2024.
  • Syntropic Medical raised an undisclosed amount (Funding Round) on April 5, 2024.
  • Juniper Biomedical raised $3M (Seed) on April 2, 2024.
  • Protembis GmbH raised $32M (Series B) on March 26, 2024.
  • Flosonics Medical raised $20M (Series C) on March 19, 2024.

Who to call at Nalu Medical, and when

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

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Company Information

Company

Nalu Medical

Location

Carlsbad, California, United States

About

Nalu is a Carlsbad, California-based medical technology company focused on developing and commercializing innovative and minimally invasive solutions for patients with chronic neuropathic pain. The Nalu Neurostimulation System delivers gentle electrical pulses to the nervous system to modulate pain signals before they get to the brain. The Nalu System was designed to address major unmet needs in the treatment of chronic neuropathic pain and provide a differentiated value proposition for patients and physicians.

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Nalu 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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