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    Funding

    Pantheon Vision launches with $2.5m to develop bioengineered corneal implants

    Pantheon Vision has launched with $2.5m in seed funding to develop bioengineered corneal implants to treat corneal blindness. The US-based ophthalmic device company was established...

    University of Nottingham secures £1.1m for trial of first iTraXs

    The University of Nottingham has secured £1.1 million in funding from the Medical Research Council to undertake human trials for the world’s first optical...

    Elucid closes $80m Series C for AI cardiovascular risk diagnostic tool

    Elucid has raised $80m in a Series C financing round led by Elevage Medical Technologies to advance its artificial intelligence (AI)-powered diagnostic tools. The funding,...

    Heart Failure start-up, Acorai, secures €2.3m grant funding from the European Commission

    Today, Acorai, a start-up medical device manufacturer from Sweden, announces selection for a €2.3m grant with a follow-on €10m investment offer from the European Innovation Council...

    Elekta Secures $40M Order for Radiation Technology

    Elekta announced today that it received an order worth approximately $40 million for its full suite of hardware and software. Stockholm, Sweden-based Elekta develops precision radiation...

    AVITA Medical Announces Preliminary Third Quarter 2023 Financial Highlights and Secures up to $90 million of Non-Dilutive Debt Financing with OrbiMed to Support Growth...

    Preliminary commercial revenue of $13.5 million for the third quarter 2023; full year 2023 guidance confirmed $40 million funded at close; $50 million of additional...

    Gynesonics secures $42.5m for uterine fibroids device expanded rollout

    Women’s healthcare company Gynesonics has secured $42.5m in financing to help further commercialise its Sonata technology. The round, led by existing investors Amzak Health, Endeavour...

    AdaptX raises $10M to expand its AI-driven medical data analysis for healthcare providers

    AdaptX, a Seattle tech company that uses AI to help healthcare providers analyze medical data to improve patient care, raised an additional $10 million...

    Ametek to buy Paragon Medical for $1.9bn

    The transaction is subject to customary closing conditions, including necessary regulatory approvals. AMETEK has signed a definitive agreement to acquire US-based Paragon Medical from American...
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