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Series B brings in €8.7mm for Novate Medical

Executive Summary

Novate Medical Ltd. (inferior vena cava filters to prevent pulmonary embolism) has raised €8.7mm ($12.2mm) through its Series B venture round. Credit Agricole Private Equity and Seroba Kernel Life Sciences co-led the financing (and each will contribute one board member), and were joined by current shareholders ACT Venture Capital and Seroba Bioventures.
Deal Industry
  • Medical Devices
    • Surgical Equipment & Devices
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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