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SecondWave Systems secures new investment from Sectoral Asset Management to expand its Series A by accelerating development of its ultrasound-based anti-inflammatory treatment.

PRIVATEOct 23, 2025

Round Type

Series A

MinneapolisBiotechnologyHealth Caremedical devices

Investors

Major Healthcare StrategicUniversity Of MinnesotaScientific Health DevelopmentTreo VenturesSectoral Asset Management

Description

SecondWave Systems, Inc. announced a new investment to expand its Series A syndicate, with Sectoral Asset Management joining experienced investors. The investment will support the development and commercialization of their innovative noninvasive ultrasound device, the SecondWave MINI™. This device is aimed at treating inflammatory disorders

Quick answer

SecondWave Systems raised an undisclosed amount in a Series A round, dated October 23, 2025. Investors: Major Healthcare Strategic, University Of Minnesota, Scientific Health Development, Treo Ventures and Sectoral Asset Management. SecondWave Systems is based in Minneapolis, Minnesota, United States.

How much did SecondWave Systems raise?
SecondWave Systems raised an undisclosed amount in a Series A round on October 23, 2025.
Who invested in SecondWave Systems?
Major Healthcare Strategic, University Of Minnesota, Scientific Health Development, Treo Ventures and Sectoral Asset Management 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.

  • Cornerstone Robotics raised $200M (Funding Round) on November 10, 2025.
  • MoleSense raised $182K (Grant) on October 28, 2025.
  • Polyembo raised an undisclosed amount (Funding Round) on October 24, 2025.
  • Anteris Technologies raised $11M on October 23, 2025.
  • CoMind raised $102M (Funding Round) on October 20, 2025.
  • Solmetex raised $200M on October 15, 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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Company Information

Company

SecondWave Systems

Location

Minneapolis, Minnesota, United States

About

SecondWave Systems is revolutionizing treatment of inflammatory disease. The company is developing a first-of-its-kind noninvasive, wearable, and personalized ultrasound stimulation platform that will give patients and their physicians a new option for treating debilitating or life-threatening disease. The company's SecondWave MINI™ device uses proprietary low-intensity focused ultrasound technology to stimulate the spleen with the goal of treating acute and chronic inflammation disorders. This technology is being investigated in clinical studies to treat multiple inflammatory conditions including rheumatoid arthritis.

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Related People

2 contacts
Verified contactsAnuj B., CEO hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

SecondWave Systems raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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