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Laza Medical, Inc., A Shifamed Portfolio Company, Closes $36M In Series A Financing

Dec 12, 2023about 2 years ago

Amount Raised

$36 Million

Round Type

series a

CampbellBiotechnology

Investors

Dara HoldingsUnorthodox VenturesPa Med Tech Vc FundGe Health CareThe Capital Partnership

Description

Laza Medical, Inc., the latest Shifamed portfolio company, announced today that it has closed $36M in Series A financing. Laza Medical is developing an imaging solution for cardiac interventions enabled by artificial intelligence (AI) software and state-of-the-art robotics. Led by The Capital Partnership (TCP) with financial participation from GE HealthCare, PA MedTech VC fund, Unorthodox Ventures, and Dara Holdings, funds will be used to accelerate product development and further expand the team. Additionally, the company announced the appointment of seasoned medtech executive, Pablo Garcia, as General Manager.

Company Information

Company

Laza Medical

Location

590 Division Street

Campbell, California, United States

About

Laza Medical is a privately held portfolio company of Shifamed, LLC., a highly specialized medical innovation hub founded by serial entrepreneur, Amr Salahieh. The company is focused on developing a high-quality AI-powered robotic imaging solution for cardiovascular interventions.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech