Tech Company Financing Transactions
Capstan Medical Funding Round
Capstan Medical, operating out of Santa Cruz, secured $31.4 million in funding from Eclipse Ventures, Intuitive Venture Partners and private investors.
Transaction Overview
Company Name
Announced On
8/9/2023
Transaction Type
Venture Equity
Amount
$31,400,000
Round
Series B
Investors
Eclipse Ventures (Lead Investor) (Justin Butler)
private investors (Vipul Patel)
Proceeds Purpose
Funds will be used to hire engineers, clinical developers and operations people with the goal of moving the technology closer to human use.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
2801 Mission St. #239
Santa Cruz, CA 94110
USA
Santa Cruz, CA 94110
USA
Phone
Undisclosed
Website
Email Address
Overview
At Capstan Medical, we're driven by an unwavering commitment to transforming the treatment of structural heart disease. By merging surgical robotics with catheter-based technology and next generation implants, we've pioneered a patient-optimized approach to repair and replace heart valves. Our innovative technology offers a significantly less invasive alternative to traditional open heart surgery while ensuring a precise and reliable placement of the heart valve implant. With these advancements, we may be able to provide patients a solution to their heart valve disease while significantly reducing recovery time and minimizing the risk of complications
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Maggie Nixon
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We do our best to report on every notable VC transaction. VC investment data records reported here are derived from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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