Saluda Medical Announces $150M Equity Financing Led By Wellington Management With Fidelity Management & Research Company And Tpg
Amount Raised
$150 Million
Round Type
Venture
BloomingtonManufacturingMobileHealth CareInvestors
Description
Saluda Medical Inc. ("Saluda Medical"), a global medical device company revolutionizing the field of neuromodulation with an emerging portfolio of therapies driven by advanced closed-loop technologies designed to treat debilitating neurological disorders, today announced the closing of a US $150 million equity financing round led by new investor Wellington Management, with strong support from current investor Fidelity Management & Research Company and new investor TPG. Current investors Redmile Group, LLC, Action Potential Venture Capital and funds and accounts advised by T. Rowe Price Associates, Inc
Quick answer
Saluda Medical raised $150 Million in a funding round, dated April 13, 2023. Investors: T. Rowe Price Associates, Action Potential Venture Capital, Redmile Group, LLC, Tpg, Fidelity Management & Research Company and Wellington Management. Saluda Medical is based in Bloomington, Minnesota, United States.
- How much did Saluda Medical raise?
- Saluda Medical raised $150 Million in a funding round on April 13, 2023.
- Who invested in Saluda Medical?
- T. Rowe Price Associates, Action Potential Venture Capital, Redmile Group, LLC, Tpg, Fidelity Management & Research Company and Wellington Management are named as investors in this round.
- What does Saluda Medical do?
- Saluda Medical is a global company revolutionizing the field of neuromodulation with an emerging portfolio of therapies driven by advanced closed-loop technologies designed to treat debilitating neurological disorders.
- Where is Saluda Medical based and how big is it?
- Saluda Medical is based in Bloomington, Minnesota, United States. Fundz records about 483 employees.
- Who are the decision-makers at Saluda Medical?
- Fundz holds 4 contacts at Saluda Medical, including the CEO and Founder. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Mobile and Manufacturing around the same time
Companies in the same sectors as Saluda Medical that raised within 45 days of this round, from Fundz verified event records.
- InspireMD raised $42M on May 12, 2023.
- Vitaminlab raised an undisclosed amount (Series A) on May 8, 2023.
- MED-X raised $120K (Pre-Seed) on May 6, 2023.
- Reselute raised $1.8M (Seed) on May 4, 2023.
- Novabay raised $3M (Seed) on May 1, 2023.
- Shape Memory Medical raised $4.8M (Seed) on April 24, 2023.
Who to call at Saluda Medical, and when
A new round usually means Saluda Medical is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Saluda Medical raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Saluda Medical, from your own LinkedIn network
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Related People
Saluda 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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