This morning maker of heart failure management and remote monitoring devices Endotronix scored $45 million in a Series D financing round led by LSP, with participation from Aperture Venture Partners, BioVentures Investors, Lumira Ventures, OSF Ventures, Seroba Life Sciences, SV Health Investors, Wanxiang Healthcare Investments, and an unnamed corporate investor.
“We are thrilled with the world-...
Chicago-based Endotronix has added another $12 million in funding to further development on its wireless, remote cardiac monitor system. The money comes in the form a loan agreement with Silicon Valley Bank, and builds on the company’s previous funding of $32 million in July.
The financing will go towards Endotronix’s Cordella Heart Failure system, which consists of a wireless pulmonary artery...
During the month of July, MobiHealthNews reported on 16 digital health companies that raised venture funding. The deals total $149.3 million, which is lower on average when compared to other months this year so far but that's expected for the slower news cycle in the summer.
In the first half of 2016, MobiHealthNews tracked funding for digital health companies that totaled $1.27 billion, as we...
Chicago-based Endotronix, which makes devices to manage heart failure and remotely monitor cardiac patients, has raised $32 million in new funding. Investors included BioVentures, SV Life Sciences, Lumira Capital, Aperture Venture Partners and OSF Ventures. Existing investors as well as an unnamed corporate investor also participated. This brings Endotronix's total funding to date to $50 million...
