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Venus Concept Announces $17 Million Equity Financing Led By Masters Special Situations

Dec 15, 2021

Amount Raised

$17 Million

Round Type

Venture

TorontoOtherBiotechnologyHealthcareConsumer GoodsHealth CareSecurityCyber Security

Description

Venus Concept Inc. (“Venus Concept” or the “Company”) (NASDAQ: VERO), a global medical aesthetic technology leader, today announced that it has completed a non-brokered private placement (the “Private Placement”) of common shares of the Company (the “Shares”) and preferred nonvoting shares (“Preferred Nonvoting Shares”). Pursuant to the Private Placement, an aggregate of 9,808,418 Shares and 3,790,755 Preferred Nonvoting Shares were issued at a price of US$1.25 per share, for aggregate gross proceeds to the Company of approximately $17 million. The preferred nonvoting shares are convertible on a one-for-one basis into Shares upon receipt of conversion notice by the Company from the holder

Quick answer

Venus Concept Inc. raised $17 Million in a funding round, dated December 15, 2021. Venus Concept Inc. is based in Toronto, Ontario, Canada.

How much did Venus Concept Inc. raise?
Venus Concept Inc. raised $17 Million in a funding round on December 15, 2021.
What does Venus Concept Inc. do?
Venus Concept, A Global Leader In The Medical Aesthetics Industry We use cutting-edge technology to develop safe, non-invasive & minimally invasive devices that address today's most in-demand aesthetic needs.
Where is Venus Concept Inc. based and how big is it?
Venus Concept Inc. is based in Toronto, Ontario, Canada. Fundz records about 300 employees.
Who are the decision-makers at Venus Concept Inc?
Fundz holds 1 contact at Venus Concept Inc., including the Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Healthcare and Consumer Goods around the same time

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

  • Reimagine Care raised $25M (Series A) on January 25, 2022.
  • Fractyl Health raised $20M on January 25, 2022.
  • Talphera, Inc. raised $5.2M on January 24, 2022.
  • Enliven Therapeutics raised an undisclosed amount (Funding Round) on January 19, 2022.
  • Redcliffe Labs raised $47M on January 10, 2022.
  • JenaValve raised $100M on January 4, 2022.

Who to call at Venus Concept Inc., and when

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  • The decision-makers there, with verified emails
  • Who you already know at Venus Concept Inc., from your own LinkedIn network

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Company Information

Company

Venus Concept Inc.

Location

235 YORKLAND BLVD., SUITE 900

Toronto, Ontario, Canada

About

Venus Concept, A Global Leader In The Medical Aesthetics Industry We use cutting-edge technology to develop safe, non-invasive & minimally invasive devices that address today's most in-demand aesthetic needs. As a leading medical aesthetic device company, we are currently present in over 60 countries and 29 direct markets with more than 10 million Venus Concept treatments performed worldwide annually. Our latest innovations like Venus Bliss MAX™ the 3-in1-body shaping solution, ARTAS iXi® the A.I. hair restoration robot, NeoGraft®, Venus Legacy,™ Venus Velocity,™ Venus Viva™ MD—are setting higher industry standards and improving the quality of life for hundreds of thousands of patients worldwide. Looking to try a treatment? Find a certified provider near you: ‪http://www.venustreatments.com Are you a physician? Find out more: ‪http://www.venusconcept.com

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Related People

1 contact
Verified contactsKeith S., Director hiddenSee plans and pricing
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Venus Concept Inc. 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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