Amount Raised
$87 Million
Round Type
Series B
Mountain ViewManufacturingBiotechnologyInvestors
Description
R3 Vascular closed an $87 million Series B financing round and appointed Christopher Owens as president and CEO. The company plans to use the funds to support its ELITE FDA investigational device exemption (IDE) trial for the Magnitude scaffold and to support additional R&D, global regulatory submissions, manufacturing scale-up, and initial commercialization efforts.
Quick answer
R3 Vascular raised $87 Million in a Series B round, dated May 9, 2024. Investors: 415 Capital and Deerfield Management. R3 Vascular is based in Mountain View, California, United States.
- How much did R3 Vascular raise?
- R3 Vascular raised $87 Million in a Series B round on May 9, 2024.
- Who invested in R3 Vascular?
- 415 Capital and Deerfield Management are named as investors in this round.
- What does R3 Vascular do?
- R3 Vascular is a privately-held medical device company that develops a novel technology platform for the next generation of fully bioresorbable drug eluting sirolimus coated vascular scaffolds.
- Where is R3 Vascular based and how big is it?
- R3 Vascular is based in Mountain View, California, United States.
- Who are the decision-makers at R3 Vascular?
- Fundz holds 2 contacts at R3 Vascular. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing and Biotechnology around the same time
Companies in the same sectors as R3 Vascular that raised within 45 days of this round, from Fundz verified event records.
- Maxterial raised $8M (Series A) on June 20, 2024.
- Ronovo Surgical raised $44M (Series B) on June 20, 2024.
- Distil raised $3.1M (Funding Round) on June 20, 2024.
- Liquid Instruments raised $15M (Private Equity) on June 19, 2024.
- iGii raised $11M (Funding Round) on June 18, 2024.
- Novabay raised $226K on June 14, 2024.
Who to call at R3 Vascular, and when
A new round usually means R3 Vascular is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day R3 Vascular raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at R3 Vascular, from your own LinkedIn network
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Funding Insights
What this usually meansR3 Vascular 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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