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Venostent Completes $16M Series A Financing, Receives Ide Approval From Fda To Begin Us Trial

PRIVATEJul 31, 2023

Amount Raised

$16 Million

Round Type

Series A

HoustonHealthcare

Investors

Texas Halo FundHealth WildcattersY CombinatorNational Institute Of HealthNational Science FoundationKidney XAlumni VenturesCowtown AngelsCreative VenturesAffinity FundBaylor Angel NetworkSnrTMC Venture FundIAG Capital PartnersGood Growth Capital

Description

HOUSTON, TX / July 31, 2023 / VenoStent, Inc., a clinical-stage, venture-backed, therapeutic medical device company developing bioabsorbable wraps to improve outcomes for hemodialysis patients, has announced that they have been granted Investigational Device Exemption (IDE) from the FDA for their US clinical trial, SAVE-FistulaS, and have completed a $16M Series A financing to fund these efforts.

Quick answer

VenoStent raised $16 Million in a Series A round, dated July 31, 2023. Investors: Texas Halo Fund, Health Wildcatters, Y Combinator, National Institute Of Health, National Science Foundation, Kidney X, Alumni Ventures and Cowtown Angels. VenoStent is based in Houston, Texas, United States.

How much did VenoStent raise?
VenoStent raised $16 Million in a Series A round on July 31, 2023.
Who invested in VenoStent?
Texas Halo Fund, Health Wildcatters, Y Combinator, National Institute Of Health, National Science Foundation, Kidney X, Alumni Ventures and Cowtown Angels are named as investors in this round.
What does VenoStent do?
VenoStent is a venture backed, clinical stage medical device and tissue engineering company that’s developed bioabsorbable polymer scaffolds in order to vastly improve vascular surgery outcomes.
Where is VenoStent based and how big is it?
VenoStent is based in Houston, Texas, United States. Fundz records about 36 employees.
Who are the decision-makers at VenoStent?
Fundz holds 1 contact at VenoStent. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Healthcare around the same time

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

  • Sonex Health, Inc. raised an undisclosed amount (Series B) on September 13, 2023.
  • Summus Global raised $20M (Funding Round) on September 13, 2023.
  • Elira, Inc. raised $2.1M (Seed) on September 13, 2023.
  • Renibus Therapeutics raised an undisclosed amount (Series B) on September 12, 2023.
  • Streamex Corp. raised $794K (Seed) on September 12, 2023.
  • Vida Diagnostics raised $11M on September 12, 2023.

Who to call at VenoStent, and when

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

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

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Company Information

Company

VenoStent

Location

2450 HOLCOMBE BLVD.

Houston, Texas, United States

About

VenoStent is a venture backed, clinical stage medical device and tissue engineering company that’s developed bioabsorbable polymer scaffolds in order to vastly improve vascular surgery outcomes.

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Related People

1 contact
Verified contacts9 people are listed at VenoStent. We don't have their email yet.See 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

VenoStent 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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