Announced
Completed
Financials
Tags
Minority
Private
medical devices
health care
United States
medical
Medical Equipment
Acquisition
Cross Border
Venture Capital
Friendly
Private Equity
Completed
Single Bidder
Synopsis
Novo Holdings, an asset manager, led a $65m round in Nalu Medical, a medical technology company, with participation from Gilde Healthcare, MVM Partners, Endeavor Vision, Decheng Capital, Longitude Capital, Advent Life Sciences, Pura Vida and Aperture Venture Partners. “The Nalu Team is excited about meaningfully expanding and improving the treatment options in the peripheral nerve pain space by setting a new standard of care while also offering a disruptive, minimally invasive, solution in the established spinal cord stimulation market. We continue to invest in building clinical data to expand access for patients who often don’t have other therapeutic options. We are proud that our efforts serve the greater well-being of patients who suffer from chronic pain and benefit those that care for them,” Tom West, Novo Holdings President and CEO.
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