Tech Company Financing Transactions
NxThera Funding Round
NxThera, based in Maple Grove, raised $9 million from Alafi Capital, American Medical Systems and Mitsui & Co. Venture Partners.
Transaction Overview
Company Name
Announced On
10/5/2011
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Series B
Proceeds Purpose
Funds raised will be used to obtain European CE Mark approval and U.S. Food and Drug Administration clearance for a clinical study for the Rezum vapor ablation device in Europe, Canada and the United States, and to develop additional endourology devices.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
7351 Kirkwood Lane N 138
Maple Grove, MN 55369
USA
Maple Grove, MN 55369
USA
Phone
Website
Email Address
Overview
NxThera develops medical technologies to treat a variety of endourology conditions, including BPH. The company's technology platform utilizes a simple, minimally invasive, vapor therapy designed to measurably improve urinary flow and patient quality of life.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Robert Paulson
Chief Financial Officer
Carmen Bringgold
Chief Marketing Officer
Michael Kujak
Chief Operating Officer
Maximillian Fiore
Chief Technical Officer
Michael Hoey
VP - Engineering
Tim Byland
VP - Product Management
Mona Dahdah
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