Shape Memory Medical Inc. completed $38 million in Series C financing led by Earlybird Venture Capital and with the participation of new and existing investors to advance endovascular embolization technology.
PRIVATEMar 04, 2024
Amount Raised
$38 Million
Round Type
Series C
San JoseManufacturingBiotechnologyHealthcareHealth CareMedical Device
Investors
Emergent Medical Partners Ii, L.P.Hbm Medfocus LlcWex Med Ii LlcHBM Healthcare Investments (Cayman) Ltd.Earlybird Venture Capital
Description
Shape Memory Medical Inc. completed a $38 million Series C round led by Earlybird Venture Capital for advancing the clinical and market development of shape memory polymer technology for aortic and peripheral vascular markets. The funding will also support the research and development of their product pipeline and the expansion of sales and marketing strategies.
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Company Information
Company
Shape Memory Medical
Location
1321 RIDDER PARK DRIVE, SUITE 10
San Jose, California, United States
About
Shape Memory Medical Inc. is a developer of custom shape memory polymers for endovascular markets, dedicated to developing innovative therapeutic solutions with its proprietary shape memory polymers, with devices approved in more than 25 countries.
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