Shape Memory Medical Inc. raised $38M in a Series C financing led by Earlybird Venture Capital to accelerate the clinical and market development of shape memory polymer technology for aortic and peripheral vascular markets.

Shape Memory Medical Inc. completed a $38 million Series C financing round led by Earlybird Venture Capital, with participation from new and existing investors including HBM Healthcare Investments (Cayman) Ltd., WexMed II LLC, HBM-Medfocus LLC, and Emergent Medical Partners II, L.P. The funding will be used to accelerate the clinical and market development of shape memory polymer technology for aortic and peripheral vascular markets.