Tech Company Financing Transactions
Lutonix Funding Round
Lutonix, based in Maple Grove, raised $2 million from RiverVest Venture Partners and U.S. Venture Partners.
Transaction Overview
Company Name
Announced On
9/30/2011
Transaction Type
Venture Equity
Amount
$2,033,000
Round
Undisclosed
Investors
RiverVest Venture Partners (Jay Schmelter)
U.S. Venture Partners (Jon Root)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
7351 Kirkwood Lane North 138
Maple Grove, MN 55369
USA
Maple Grove, MN 55369
USA
Phone
Website
Email Address
Overview
The Vision of Lutonix is to improve the quality of life for patients with vascular disease through innovative solutions.The Mission of Lutonix is to rapidly develop and commercialize the safest and most efficacious drug coated balloon catheters for treatment of vascular disease.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dennis Wahr
Chief Scientific Officer
Scott Naisbitt
Chief Technical Officer
Lixiao Wang
VP - Finance
Kari Kubesh
VP - R & D
Chris Barry
VP - Regulatory Affairs
Debra Lano
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