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Senseonics Announces Equity Line of Credit Financing Agreement

PUBLIC · SENSNov 09, 2020

Round Type

Debt Financing

GermantownManufacturingBiotechnologyHealth CareMedical Device

Description

Senseonics Holdings, Inc. (NYSE American: SENS), a medical technology company focused on the development and commercialization of long-term, implantable continuous glucose monitoring (CGM) systems for people with diabetes, today announced entrance into an equity line of credit financing agreement with current shareholder Energy Capital, LLC for up to $12.0 million.

Quick answer

Senseonics raised an undisclosed amount in a Debt Financing round, dated November 9, 2020. Senseonics is based in Germantown, Maryland, United States.

How much did Senseonics raise?
Senseonics raised an undisclosed amount in a Debt Financing round on November 9, 2020.
What does Senseonics do?
Senseonics, Inc. is a medical device startup company in Germantown, Maryland, USA (near Washington, DC) developing transformative glucose monitoring products that are intended to enable people with diabetes to..
Where is Senseonics based and how big is it?
Senseonics is based in Germantown, Maryland, United States. Fundz records about 146 employees.
Who are the decision-makers at Senseonics?
Fundz holds 2 contacts at Senseonics, including the Media Contact. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Medical Device and Manufacturing around the same time

Companies in the same sectors as Senseonics that raised within 45 days of this round, from Fundz verified event records.

  • ENvue Medical, Inc. raised $6.6M on December 11, 2020.
  • Edwards Lifesciences raised $114K (Pre-Seed) on November 13, 2020.
  • CARMAT raised $11M (Grant) on November 2, 2020.
  • Medcura raised $22M on September 28, 2020.
  • Adagio Medical raised $43M on November 24, 2020.
  • Helus Pharma raised $26M on November 20, 2020.

Who to call at Senseonics, and when

A new round usually means Senseonics is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Senseonics raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Senseonics, from your own LinkedIn network

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Company Information

Company

Senseonics

Location

Germantown, Maryland, United States

About

Senseonics, Inc. is a medical device startup company in Germantown, Maryland, USA (near Washington, DC) developing transformative glucose monitoring products that are intended to enable people with diabetes to confidently live their lives with ease. Utilizing breakthrough fluorescence sensing technology, the Senseonics continuous glucose monitoring ("CGM"​) system is being designed to be the first fully implantable CGM that is highly accurate and stable throughout its long sensor life.

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Related People

2 contacts
Verified contactsTim G., Media ContactSee plans and pricing
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Senseonics 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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