Tech Company Financing Transactions

Insightec Funding Round

Insightec, operating out of Tirat Carmel, secured $150 million from Ally Bridge Group, Fidelity Management & Research Company and Nexus NeuroTech Ventures.

Transaction Overview

Company Name
Announced On
6/19/2024
Transaction Type
Venture Equity
Amount
$150,000,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.

Company Information

Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
5 Nachum Heth St. POB 2059
Tirat Carmel, Undisclosed
Israel
Email Address
Overview
As the pioneer and global leader in Focused Ultrasound, it's our mission to help transform lives by delivering the therapeutic power of acoustic energy. We strive to turn dependence into independence; discouragement into joy. Today, physicians are treating tremor from Essential Tremor and Parkinson's Disease. We continue to collaborate and innovate, as researchers evaluate our technology in a range of clinical trials.
Profile
Insightec LinkedIn Company Profile
Social Media
Insightec Company Twitter Account
Company News
Insightec News
Facebook
Insightec on Facebook
YouTube
Insightec on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Maurice Ferré
  Maurice Ferré LinkedIn Profile  Maurice Ferré Twitter Account  Maurice Ferré News  Maurice Ferré on Facebook
Chief Financial Officer
Patrick Clingan
  Patrick Clingan LinkedIn Profile  Patrick Clingan Twitter Account  Patrick Clingan News  Patrick Clingan on Facebook
Chief Medical Officer
Augusto Grinspan
  Augusto Grinspan LinkedIn Profile  Augusto Grinspan Twitter Account  Augusto Grinspan News  Augusto Grinspan on Facebook
Chief Operating Officer
Eyal Zadicario
  Eyal Zadicario LinkedIn Profile  Eyal Zadicario Twitter Account  Eyal Zadicario News  Eyal Zadicario on Facebook
Founder
Kobi Vortman
  Kobi Vortman LinkedIn Profile  Kobi Vortman Twitter Account  Kobi Vortman News  Kobi Vortman on Facebook
VP - General Counsel
Amy Charley
  Amy Charley LinkedIn Profile  Amy Charley Twitter Account  Amy Charley News  Amy Charley on Facebook
VP - Human Resources
Joel Norton
  Joel Norton LinkedIn Profile  Joel Norton Twitter Account  Joel Norton News  Joel Norton on Facebook
VP - Regulatory Affairs
Nadir Alikacem
  Nadir Alikacem LinkedIn Profile  Nadir Alikacem Twitter Account  Nadir Alikacem News  Nadir Alikacem on Facebook


 

 

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About Our Venture Capital Transactions Database

We report on all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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