SecondWave Systems, Inc. has raised $7M in a Series A funding round to accelerate the clinical development of a novel ultrasound-based anti-inflammatory therapy. The financing was led by Treo Ventures along with other key strategic investors.
Amount Raised
$7 Million
Round Type
Series A
MinneapolisBiotechnologyHealth Caremedical devicesInvestors
Description
SecondWave Systems, Inc., a clinical stage medical device company developing a novel ultrasound-based treatment for inflammatory disorders, announced today that it has closed a $7M Series A financing round. The financing was led by Treo Ventures and a major healthcare strategic, with participation from Scientific Health Development and the University of Minnesota's Discovery Capital and SSBCI funds. Proceeds from the financing will support SecondWave's next clinical study, leveraging the success of their first-in-human study. They aim to develop the SecondWave MINI™, a noninvasive, wearable therapeutic ultrasound device for inflammatory diseases.
Quick answer
SecondWave Systems raised $7 Million in a Series A round, dated April 8, 2025. Investors: Scientific Health Development, University Of Minnesota's Discovery Capital, Ssbci Funds and Treo Ventures. SecondWave Systems is based in Minneapolis, Minnesota, United States.
- How much did SecondWave Systems raise?
- SecondWave Systems raised $7 Million in a Series A round on April 8, 2025.
- Who invested in SecondWave Systems?
- Scientific Health Development, University Of Minnesota's Discovery Capital, Ssbci Funds and Treo Ventures are named as investors in this round.
- What does SecondWave Systems do?
- SecondWave Systems is revolutionizing treatment of inflammatory disease.
- Where is SecondWave Systems based and how big is it?
- SecondWave Systems is based in Minneapolis, Minnesota, United States. Fundz records about 15 employees.
- Who are the decision-makers at SecondWave Systems?
- Fundz holds 2 contacts at SecondWave Systems, including the CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in medical devices and Biotechnology around the same time
Companies in the same sectors as SecondWave Systems that raised within 45 days of this round, from Fundz verified event records.
- CMR Surgical raised $200M on April 2, 2025.
- Skriber raised $1.3M (Seed) on May 23, 2025.
- WellTheory raised $5M (Funding Round) on May 22, 2025.
- Preve raised $2.2M (Seed) on May 22, 2025.
- Entos Pharmaceuticals raised an undisclosed amount (Funding Round) on May 22, 2025.
- ReproNovo raised $65M (Series A) on May 21, 2025.
Who to call at SecondWave Systems, and when
A new round usually means SecondWave Systems is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day SecondWave Systems raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at SecondWave Systems, from your own LinkedIn network
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What this usually meansSecondWave Systems 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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