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THE TAPE
Comments close on FDA's generative AI device framework Solventum clears its Restrata matrix for use under V.A.C. negative pressure therapy Medtronic takes a CE mark for five conduction system pacing pacemakers Paradromics hands Siemens Healthineers the imaging workup for its brain implant Empyrean submits a 510(k) for Vektra, its robotic brachytherapy system Masimo clears AFib detection on the Radius VSM wearable monitor Sequel clears the twiist insulin pump for adults with type 2 diabetes FTC issues a second request on the MiMedx purchase of Sanara MedTech Labcorp pays $722M upfront for BioReference testing assets Comments close on FDA's generative AI device framework Solventum clears its Restrata matrix for use under V.A.C. negative pressure therapy Medtronic takes a CE mark for five conduction system pacing pacemakers Paradromics hands Siemens Healthineers the imaging workup for its brain implant Empyrean submits a 510(k) for Vektra, its robotic brachytherapy system Masimo clears AFib detection on the Radius VSM wearable monitor Sequel clears the twiist insulin pump for adults with type 2 diabetes FTC issues a second request on the MiMedx purchase of Sanara MedTech Labcorp pays $722M upfront for BioReference testing assets
Desk 02 // Seed · Series A · Growth

Fundraising

Who raised, how much, from whom, and what the money is for. Device startups only.

THE ROUNDS TAPE

12 MOST RECENT
DateCompanyAmountStageLead
Oct 15, 26HuroticsKRW 25BSeries AAtinum Investment
Oct 14, 26Nami Surgical£3.4MExtensionScottish National Investment Bank
Oct 14, 26Siloton£8.4MInnovate UK contractInnovate UK
Oct 13, 26Abram Scientific$8.3MDARPA contractDARPA
Oct 13, 26Curadel Surgical Innovations$49.8MPrivate round
Oct 13, 26NeuroGynCHF 4MSeries AUndisclosed Swiss institutional investor
Oct 12, 26Scarlet$50MSeries BHeadline
Oct 9, 26Sava$36MSeries BAscensia Diabetes Care
Oct 8, 26Medical Microinstruments$125MSeries DBioStar Capital
Oct 7, 26Healthleap$38MSeed and Series AHummingbird Ventures led the $30M Series A
Oct 7, 26MintNeuro4.4 million eurosVenture roundOdyssey Ventures
Oct 5, 26Zenflow$52MSeries DCook Medical

LATEST STORIES

61 ON FILE
01
Series A

Hurotics raises 25 billion won for a gait rehabilitation exosuit

Hurotics raised 25 billion won, about $18.8M, in a Series A led by Atinum Investment. The money funds overseas regulatory filings for its H-Medi gait rehabilitation exosuit and production of a consumer walking aid.

The Asia Business Daily6 days ago2 min
02
Extension

Nami Surgical raises £3.4M for a miniature ultrasonic scalpel built for surgical robots

Nami Surgical, a 2021 University of Glasgow spinout, said on October 14 that it raised £3.4M as a round extension. The Scottish National Investment Bank put in £2M, and the money funds commercialization of a miniaturized ultrasonic scalpel for robotic surgery.

Scottish EnterpriseOct 142 min
03
Grant

Siloton wins an £8.4M Innovate UK contract to put OCT on a photonic chip

Innovate UK awarded Siloton an £8.4M two-year contract on October 14 to develop GiraffeOCT, a handheld eye imaging system built on a photonic chip. Sunderland Specialist Eye Hospital will run the in-clinic trials.

The Quantum InsiderOct 142 min
04
DARPA contract

Abram Scientific wins up to $8.3M from DARPA for a handheld coagulation test

DARPA awarded Abram Scientific a contract worth up to $8.3M on October 13 to adapt its CoagCare point-of-care coagulation system for trauma care. The Menlo Park company took a $2M DARPA contract in October 2025.

PR NewswireOct 132 min
05
Private round

Curadel Surgical Innovations reports $49.8M sold in a $57.5M private round

Curadel Surgical Innovations disclosed $49,844,295 raised toward a $57.5 million offering in a Form D signed October 13. Thirty-nine investors have come in since the first sale on September 18, 2026.

SEC Form DOct 132 min
06
Series A

NeuroGyn closes a CHF 4M Series A for a pelvic nerve stimulation implant

NeuroGyn, based in Zug, Switzerland, said on October 13 that it closed a CHF 4M Series A led by an unnamed Swiss institutional investor. The money funds the first human studies of PosStim, a pelvic neuromodulation platform aimed first at overactive bladder.

NeuroGynOct 132 min
07
Series B

Scarlet raises $50M to review AI device submissions as a notified body

Scarlet raised a $50 million Series B led by Headline on October 12. The London company holds designation as an EU MDR notified body, a UK MHRA approved body and an FDA-recognized third party review organization, all aimed at software and AI devices.

Tech.euOct 122 min
08
Grants

Massachusetts opens $150,000 grants that pay for commercialization, not research

The Massachusetts Life Sciences Center opened Access and Accelerate, a quarterly grant program paying up to $150,000 for commercialization work rather than R&D. The current submission period closes October 30 at 1 p.m. ET.

MassDeviceOct 92 min
09
Series B

Sava raises $36M and hands Ascensia European distribution for its glucose microsensor

Sava closed a $36M Series B on October 9 led by Ascensia Diabetes Care, which also becomes its exclusive European distributor. The London company is targeting CE approval for non-adjunctive dosing in 18 to 24 months.

AscensiaOct 92 min
10
Series D

MMI raises $125M Series D with about 50 Symani systems installed

Medical Microinstruments closed a $125M Series D on October 8, led by existing investor BioStar Capital. Its Symani microsurgery robot has about 50 installations and 3,500 procedures behind it.

MassDeviceOct 82 min
11
Series A

Healthleap raises $38M to flag inpatients for undiagnosed conditions

Healthleap disclosed $38M on October 7: an $8M seed co-led by Sequoia Capital and First Round Capital, and a $30M Series A led by Hummingbird Ventures. The software reads hospital charts and writes a daily risk score into the care team's workflow.

TechCrunchOct 72 min
12
Venture round

MintNeuro raises 4.4 million euros for chips designed into neural implants

MintNeuro raised 4.4 million euros, about $5 million, led by Odyssey Ventures. The London company sells semiconductors built for neural implants and wearables, and reported the round on October 7, 2026.

EU-StartupsOct 72 min
13
Series D

Zenflow raises $52M and hands Cook Medical US distribution for the Spring implant

Zenflow raised a $52 million Series D led by Cook Medical on October 5. Cook also takes exclusive US distribution rights to the Spring, a reversible nitinol implant FDA approved by PMA in December 2025.

Company releaseOct 52 min
14
Venture round

SedMed raises $4M for a toilet lift that runs without power

SedMed raised $4M on October 2 in a round led by 108 BioCapital. The Milford, Connecticut company sells a sit-to-stand toilet lift that bolts onto a standard toilet and needs no electricity, batteries or remodeling.

FinSMEsOct 22 min
15
Financing

Boston Scientific releases the last $8M from Elutia's BioEnvelope sale

Boston Scientific released the $8M holdback from its $88M purchase of Elutia's BioEnvelope business after the one year indemnity period closed with no claims filed. Elutia says the cash funds it into 2029 without an equity raise.

Company releaseOct 12 min
16
Fund close

Sofinnova closes an 82 million euro fund to start six to eight device companies

Sofinnova Partners closed Sofinnova MD Start IV at 82 million euros, about $93 million, on September 29. The fund creates companies rather than backing existing ones, and targets six to eight medtech ventures over five years.

MedTech DiveSep 292 min
17
Series D

Precision Neuroscience raises $250M Series D and takes total funding to $430M

Precision Neuroscience closed an oversubscribed $250M Series D on September 24, co-led by Pershing Square Inc., the Ackman Oxman Institute and a life sciences fund it did not name. The round takes total funding to $430M, five years after the New York company started.

Company releaseSep 242 min
18
Pre-seed

Redefine Surgery raises $10M pre-seed from surgeon investors for fiducial-free navigation

Redefine Surgery closed an oversubscribed $10M pre-seed on September 24, funded mostly by surgeon investors. It also named Catalyst OrthoScience its founding partner in shoulder arthroplasty.

Business WireSep 242 min
19
Series B2

UltraSight raises $24M Series B2 with Mayo Clinic Ventures and NYU in the round

UltraSight raised $24 million in a Series B2 led by the Alive HealthTech Grow Fund. The money goes to US commercial expansion of its AI echocardiography guidance software and to new products for intensive care.

MassDeviceSep 232 min
20
Equity round

Anaconda Biomed raises $56M to finish a 327-patient stroke trial

Anaconda Biomed closed a $56M equity round on September 23, 2026, led by Omega Funds. Most of the money funds ATHENA, a 327-subject randomized IDE study of the ANA Funnel Catheter in large vessel occlusion stroke.

Anaconda BiomedSep 232 min
21
Financing

HighLife raises 80 million euros for a mitral valve CE marked in January

HighLife announced 80 million euros, more than $90M, on September 22, 2026. Andera Partners, Sofinnova Partners, Supernova Invest and Merieux Equity Partners co-led the round for the company's transcatheter mitral valve replacement system.

HighLifeSep 222 min
22
Series A

Dialybrid raises 15 million euros as its silk polyurethane dialysis graft reaches a first patient

Dialybrid closed a 15 million euro Series A led by XGEN Venture on September 22, 2026. The Italian company announced the round alongside the first human implant of its Silkothane arteriovenous graft.

GlobeNewswireSep 222 min
23
Financing

AVAVA raises $45M with a third of it in debt from its lead investor

AVAVA said on September 17 it raised $45 million, split into $30 million of equity and a $15 million debt facility. Catalio Capital Management led the equity and supplied the debt.

AVAVASep 172 min
24
Series B

FIZE Medical takes a first close on a $20M Series B with its Japanese distributor co-leading

FIZE Medical announced the first close of a $20 million Series B on September 17, co-led by Asahi Kasei Medical and Rapha Capital Management. The money goes to FIZE Optima, a predictive layer on top of its CE-marked urine output monitor.

PR NewswireSep 172 min
25
Series B

Tandem Health raises $100M with three AI products certified Class IIa under MDR

Stockholm-based Tandem Health raised a $100M Series B on September 14 led by the EQT-managed Scaleup Europe Fund. Its AI scribe, coding assistant and clinical decision support tool all carry Class IIa certification under the EU Medical Device Regulation.

TNWSep 142 min
26
Convertible note

Glucotrack raises $11.5M in convertible notes at a 22 percent original issue discount

Glucotrack announced $11.5 million in convertible notes on September 11, 2026. Only $4.5 million is new cash. Another $4.5 million is existing notes rolled over, and the paper carries a 22 percent original issue discount.

Company releaseSep 112 min
27
Strategic investment

Nvidia takes its first equity stake in Verily

Nvidia made its first equity investment in Verily on September 10, 2026, on undisclosed terms, alongside more capital from the CU Healthcare Innovation Fund. The money goes to Verily's Pre platform, the Verily Me app and a health risk model called Forecast 1.0.

MassDeviceSep 102 min
28
Growth

Implicity raises $40M to run cardiac implant monitoring across four vendors

Implicity raised $40 million, about 35 million euros, in growth equity led by IRIS and Five Arrows. The Paris company monitors more than 120,000 patients a day on two FDA-cleared algorithms.

Company releaseSep 92 min
29
Series D

Elucid raises $55M Series D with FFR-CT 510(k) under FDA review

Elucid closed a $55M Series D on September 2, 2026, backed by a fourth public medtech strategic, IAG Capital Partners and Elevage Medical Technologies. Total funding for the Boston company reaches about $185M as its BioIntegrated FFR-CT 510(k) sits under FDA review.

MassDeviceSep 22 min
30
Strategic investment

Medtronic pays about $700M for rights to sell Cornerstone Robotics' Sentire outside the US

Medtronic will pay about $700 million for rights to distribute Cornerstone Robotics' Sentire surgical robot outside the United States. The Hong Kong company, founded in 2019, won a CE mark for Sentire in May 2026.

MedtronicSep 12 min
31
Series D

Renata Medical raises $25M Series D to scale the Minima pediatric stent

Renata Medical closed a $25M Series D led by ARCHIMED on August 19, 2026. The Newport Beach, CA company's Minima pediatric stent, approved under PMA P240003 in August 2024, gets money for US expansion and international entry.

Cardiac Interventions TodayAug 192 min
32
Series B

Meduloc raises $4M Series B to start alpha launch of its nitinol fracture implant

Meduloc closed a $4M Series B led by GenHenn Capital on August 6, 2026. The West Chester, PA company's nitinol Intramedullary Fracture Fixation System, cleared under K250316 in October 2025, enters a controlled alpha launch this month.

Ortho Spine NewsAug 61 min
33
Seed

Aurenar closes $5.7M seed a month after Breakthrough designation for V-Link

Aurenar closed an oversubscribed $5.7M seed round on July 28, 2026, co-led by the AHA's Go Red for Women Venture Fund and Solas BioVentures. Its V-Link ear-worn vagus nerve stimulator for vasospasm after subarachnoid hemorrhage got FDA Breakthrough designation on June 30.

MassDeviceJul 281 min
34
Growth

GT Medical Technologies raises $100M Series E on ROADS data for GammaTile

GT Medical Technologies closed an oversubscribed $100M Series E led by Viking Global Investors on June 9, 2026, bringing total funding to $214M. Its GammaTile brain brachytherapy implant cut 12-month surgical-bed recurrence to 1.3% from 15.4% in the ROADS trial.

MedTech DiveJun 92 min
35
Series C

CereVasc closes $85M Series C with J&J and Medtronic backing the eShunt trial

CereVasc closed an initial $85M Series C led by Piper Sandler Merchant Banking on June 4, 2026, with J&J's JJDC and Medtronic both investing. The Boston company is running the STRIDE trial of eShunt, an endovascular CSF shunt for normal pressure hydrocephalus.

MassDeviceJun 42 min
36
Seed

Veritas Aortic Solutions raises $12M seed for a transcatheter aortic root conduit

Veritas Aortic Solutions, an inQB8 Medical Technologies spinout in Costa Mesa, CA, closed a $12M seed round on June 1, 2026. Medtech angel investors led, with Cedars-Sinai Intellectual Property Company joining, to take the TVARC aortic root implant to first-in-human use.

MD+DIJun 11 min
37
Growth

Boston Scientific puts $1.5B into MiRus for a 34% stake and a TAVR option

Boston Scientific announced a $1.5B investment in MiRus on May 18, 2026, buying about 34% of the company. It also holds an option on the rest of MiRus's TAVR business, whose nickel-free SIEGEL valve has entered a 1,025-patient approval trial.

MedTech DiveMay 183 min
38
IPO

Mobia Medical prices $150M Nasdaq IPO for the Vivistim stroke implant

Mobia Medical, the renamed MicroTransponder, priced its IPO at $15 a share on May 7, 2026, selling 10 million shares for $150M gross. Its Vivistim stroke implant, approved under PMA P210007 in 2021, brought in $32M of revenue in 2025.

MedTech DiveMay 73 min
39
Growth

Aidoc raises $150M Series E led by Goldman Sachs for its CARE foundation model

Aidoc announced a $150M Series E led by Growth Equity at Goldman Sachs Alternatives on April 29, 2026, taking total funding past $500M. The radiology AI company runs in nearly 2,000 hospitals and holds more than 30 FDA 510(k) clearances.

MedTech DiveApr 292 min
40
Series A

Axoft raises $55M Series A for soft-material brain implants

Axoft closed an oversubscribed $55M Series A led by C.P. Group Innovation on April 29, 2026. The Cambridge, MA company has implanted its Fleuron-based brain-computer interface in 11 or more patients and will build a GMP plant in Boston.

MassDeviceApr 291 min
41
Series A

Hypervision Surgical raises £17M Series A for FDA-cleared hyperspectral surgical imaging

Hypervision Surgical closed a £17M (about $23M) Series A led by Heal Capital on April 29, 2026. Its HyperSnap Surgical System was cleared under K250268 in June 2025 with a new product code for AI-based video augmentation in surgery.

MassDeviceApr 292 min
42
Series C

E2 raises $80M Series C to sell the Hēlo thrombectomy catheter cleared under K252956

Endovascular Engineering (E2) closed an oversubscribed $80M Series C co-led by Gilde Healthcare and Norwest on April 7, 2026. The Menlo Park company will build a sales force for Hēlo, its thrombectomy catheter cleared under K252956 in December 2025.

MassDeviceApr 72 min
43
Series C

Endogenex adds $50M Series C extension to finish the ReCET diabetes study

Endogenex closed a $50M Series C extension on March 25, 2026, led by new investor Arboretum Ventures. The Series C now totals $138M and funds the sham-controlled study of ReCET, its endoscopic pulsed electric field therapy for type 2 diabetes.

MassDeviceMar 252 min
44
Series B

Vitestro raises $70M Series B to take the Aletta blood-draw robot through De Novo

Vitestro closed an oversubscribed $70M Series B on March 10, 2026, with Labcorp Venture Fund, Mayo Clinic and Sutter Health among new investors. The Utrecht company will use it for a De Novo submission and US scale-up of Aletta, its autonomous blood-draw robot.

MedTech DiveMar 101 min
45
Series C

Cognito Therapeutics closes $105M Series C ahead of Spectris HOPE readout

Cognito Therapeutics closed an oversubscribed $105M Series C on March 5, 2026, co-led by Morningside Ventures, IAG Capital Partners and Starbloom Capital. The money carries its Spectris gamma stimulation device for Alzheimer's through HOPE trial data, an FDA submission and a 2027 launch.

MassDeviceMar 52 min
46
Series C

Neurent Medical raises 62.5M euro Series C to scale NEUROMARK for chronic rhinitis

Neurent Medical closed an oversubscribed 62.5 million euro ($74 million) Series C on February 11, 2026. MVM Partners led, with Sofinnova Partners joining as a new investor. The Galway company's NEUROMARK radiofrequency system has held 510(k) clearance since October 2021.

PR NewswireFeb 113 min
47
Series C

Inquis Medical raises $75M Series C from an unnamed strategic for Aventus thrombectomy

Inquis Medical closed a $75 million Series C on January 12, 2026, funded by an undisclosed strategic investor. The Menlo Park company's Aventus thrombectomy system has a string of 510(k)s, including the June 2025 pulmonary embolism clearance under K251189.

Business WireJan 122 min
48
Series A

Ventaris Surgical raises $30M Series A for a ureteroscope built for complete stone clearance

Ventaris Surgical closed a $30 million Series A led by Longitude Capital on January 9, 2026, with Vensana Capital joining as a new investor. The San Carlos company is developing a ureteroscopic system aimed at complete kidney stone clearance in a single procedure.

PR NewswireJan 92 min
49
Series A

Spiro Medical raises $67M Series A for an implantable asthma neuromodulator

Spiro Medical closed a $67 million Series A led by Andera Partners on January 7, 2026, with Omega Funds and Sherpa Healthcare Partners co-leading. The Irvine startup, which surfaced in 2025, is developing a Pulmonary Neuromodulation System for severe asthma.

PR NewswireJan 72 min
50
Series B

Biobeat raises $50M Series B for its cuffless 24-hour blood pressure patch

Biobeat Technologies closed a $50 million Series B co-led by Ally Bridge Group, OrbiMed and Elevage Medical on December 30, 2025. The Israeli company's chest patch, cleared under K241066 in January 2025, measures ambulatory blood pressure without a cuff.

BiobeatDec 302 min
51
Series C

Akura Medical closes $53M Series C first close led by Qatar Investment Authority

Akura Medical closed the first $53 million of a Series C led by the Qatar Investment Authority on December 1, 2025. The Shifamed portfolio company will finish enrolling the QUADRA-PE trial of its Katana thrombectomy system and set up a joint venture in Qatar.

PR NewswireDec 12 min
52
Seed

Cordance Medical raises $8M seed for focused ultrasound that opens the blood-brain barrier

Cordance Medical closed an oversubscribed seed round of more than $8 million led by Sonder Capital, announced November 24, 2025. The Mountain View company holds an FDA Breakthrough Device designation in neuro-oncology and is planning its first-in-human trial.

Cordance MedicalNov 242 min
53
Growth

Okami Medical raises $45M and hires former Inari CEO Drew Hykes

Okami Medical closed a $45 million financing led by new investor Gilde Healthcare on November 19, 2025, with Vensana Capital and U.S. Venture Partners returning. The Aliso Viejo company also named former Inari Medical CEO Drew Hykes president and CEO.

PR NewswireNov 192 min
54
Growth

Distalmotion raises $150M Series G to push the Dexter robot into ASCs

Distalmotion closed a $150 million Series G led by Revival Healthcare Capital on November 18, 2025. The Lausanne company also named former Silk Road Medical CEO Chas McKhann executive chairman as it targets U.S. ambulatory surgery centers with the Dexter robot.

GlobeNewswireNov 183 min
55
Series B

Beacon Biosignals raises $86M Series B for its FDA-cleared EEG headband

Beacon Biosignals closed an oversubscribed $86 million Series B on November 13, 2025, with six co-leads including Innoviva, GV and Takeda. The Boston company's Waveband headband, formerly Dreem 3S, holds three 510(k)s.

GlobeNewswireNov 132 min
56
Series D

Synchron raises $200M Series D to take the Stentrode BCI into late-stage trials

Synchron closed a $200 million Series D led by Double Point Ventures on November 6, 2025, bringing total funding to $345 million. The New York company will use it for late-stage trials and launch preparation for the Stentrode endovascular brain-computer interface.

Business WireNov 62 min
57
Series A

CoMind raises $60M Series A, taking total funding to $102.5M

London neurotech CoMind announced $102.5 million in total funding on October 20, 2025, with the new $60 million Series A led by Plural. The money goes to U.S. regulatory work on CoMind One, a non-invasive bedside brain monitor.

GlobeNewswireOct 202 min
58
Growth

HistoSonics raises $250M two months after its $2.25B buyout

HistoSonics closed an oversubscribed $250 million growth financing on October 16, 2025. Its new ownership group led, two months after buying a majority stake at a $2.25 billion valuation.

Business WireOct 163 min
59
Series B

Jupiter Endovascular closes Series B above $40M a month after Vertex clearance

Jupiter Endovascular closed an oversubscribed Series B above its $40 million target on October 7, 2025, led by Sonder Capital. FDA cleared the company's Vertex catheter under K252027 on September 12, 74 days after receipt.

Business WireOct 72 min
60
Series D

Ronovo Surgical raises $67M Series D led by J&J's venture arm

Shanghai-based Ronovo Surgical closed a $67 million Series D led by JJDC, Johnson & Johnson's venture arm, announced September 5, 2025. The round came with a commercial agreement with J&J MedTech in China for the Carina laparoscopic robot.

MassDeviceSep 52 min
61
Series C

Galvanize Therapeutics raises $100M Series C for pulsed electric field ablation

Galvanize Therapeutics closed an oversubscribed $100 million Series C led by Sofinnova Partners on September 3, 2025. The Redwood City company also named former Shockwave CEO Doug Godshall as chairman and CEO.

PR NewswireSep 32 min
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