Tech Company Financing Transactions
NxThera Funding Round
NxThera, based in Maple Grove, secured investment capital from private investors.
Transaction Overview
Company Name
Announced On
2/27/2014
Transaction Type
Venture Equity
Amount
Unknown
Round
Series C
Investors
Proceeds Purpose
This Series C financing is being used to fund NxThera's (i) Rezum® U.S. pivotal clinical trial, the data from which will be used to seek FDA clearance to market its Rezum System to treat benign prostatic hyperplasia (BPH), (ii) commercialization of its Rezum System to treat BPH at select centers in Europe, and (iii) clinical feasibility studies to evaluate applications of Convective WAVE Technology to treat prostate cancer and kidney cancer.
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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