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New Deal


Announced

Norwest Venture, Janus Capital, Warburg Pincus, The Vertical Group, and CRG to invest in Silk Road Medical.

Synopsis

Norwest Venture and funds managed by Janus Capital, including investors Warburg Pincus, The Vertical Group, and CRG has invested in Silk Road Medical, a company dedicated to alleviating the devastating burden of stroke through surgical innovation. The company received $47m in new funding led by new investors. “Our syndicate of investors speaks to the global standard of care potential for TCAR and our commercial success to date. With this financing we will continue to build our commercial footprint and momentum in the United States and enter new markets abroad. We are delighted to have such strong financial support as we work to solve unmet needs through innovation, including other transcarotid applications of our intellectual property in acute ischemic stroke and aortic valve disease.” Erica Rogers, Silk Road Medical CEO.

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