Tech Company Financing Transactions

Cairn Surgical Funding Round

Cairn Surgical closed a $4.5 million funding round on 8/21/2024. Investors included Morningside Ventures and private investors.

Transaction Overview

Company Name
Announced On
8/21/2024
Transaction Type
Venture Equity
Amount
$4,500,000
Round
Undisclosed
Investors

Morningside Ventures (Lead Investor)

Proceeds Purpose
The company intends to use the funds to complete the currently-enrolling U.S. pivotal trial of its Breast Cancer Locator (BCL�) system and implement a limited commercial launch of the technology in select European markets.

Company Information

Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
16 Cavendish Court
Lebanon, NH 03766
USA
Phone
Undisclosed
Email Address
Overview
The word "cairn" is Gaelic and represents a tower of stones built by different cultures throughout history for one purpose -- to serve as a guide or landmark to keep travelers on course and to memorialize important places. Cairn Surgical found inspiration in this concept for its singular purpose -- providing tools that enable surgeons to operate precisely -- directing them to the exact location and tumor landmarks to improve surgical and patient outcomes.
Profile
Cairn Surgical LinkedIn Company Profile
Social Media
Cairn Surgical Company Twitter Account
Company News
Cairn Surgical News
Facebook
Cairn Surgical on Facebook
YouTube
Cairn Surgical on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
David Danielsen
  David Danielsen LinkedIn Profile  David Danielsen Twitter Account  David Danielsen News  David Danielsen on Facebook
Chief Marketing Officer
Richard Barth
  Richard Barth LinkedIn Profile  Richard Barth Twitter Account  Richard Barth News  Richard Barth on Facebook
Chief Operating Officer
George Bourne
  George Bourne LinkedIn Profile  George Bourne Twitter Account  George Bourne News  George Bourne on Facebook
Chief Technical Officer
Venkat Krishnaswamy
  Venkat Krishnaswamy LinkedIn Profile  Venkat Krishnaswamy Twitter Account  Venkat Krishnaswamy News  Venkat Krishnaswamy on Facebook
Co-Founder
Keith Paulsen
  Keith Paulsen LinkedIn Profile  Keith Paulsen Twitter Account  Keith Paulsen News  Keith Paulsen on Facebook
VP - R & D
Timothy Moore
  Timothy Moore LinkedIn Profile  Timothy Moore Twitter Account  Timothy Moore News  Timothy Moore on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/21/2024: VividQ venture capital transaction
Next: 8/21/2024: DL Software venture capital transaction

 

Share this article

 


About Database of VC Transactions

We do our best to report on all VC transactions involving tech companies. VC investment data records on this site come from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary