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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.

Mar 04, 2024over 1 year ago

Amount Raised

$38 Million

Round Type

series c

San JoseManufacturingMedical DeviceBiotechnologyHealth Care

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.

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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