Nalu Medical closed $85M in a Series E funding round led by Novo Holdings and new investor B Capital to accelerate commercial growth and product development.
Amount Raised
$85 Million
Round Type
Series E
CarlsbadBiotechnologyHealth CareMedicalMedical DeviceInvestors
Description
Nalu Medical, a Carlsbad, CA-based private company, announced the closing of an incremental $20M in equity in Series E funding from new investor B Capital, bringing the total amount to $85M. The funding round was led by Novo Holdings with $65M of the total closing in late-December 2023, and also included participation from existing investors Gilde Healthcare, MVM Partners, Endeavour Vision, Decheng Capital, Longitude Capital, Advent Life Sciences, Pura Vida, and Aperture Venture Partners. The company intends to use the funds to accelerate commercial growth, expand clinical and health-economic evidence, continue product development, and scale operations.
Quick answer
Nalu Medical raised $85 Million in a Series E round, dated March 6, 2024. Investors: Mvm Partners, Endeavour Vision, Decheng Capital, Aperture Venture Partners, Pura Vida, Advent Life Sciences, Gilde Healthcare and B Capital. 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 6, 2024.
- Who invested in Nalu Medical?
- Mvm Partners, Endeavour Vision, Decheng Capital, Aperture Venture Partners, Pura Vida, Advent Life Sciences, Gilde Healthcare and B Capital 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.
- An alert the day Nalu Medical raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Nalu Medical, from your own LinkedIn network
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