Tech Company Financing Transactions
Adona Medical Funding Round
On 7/10/2024, Adona Medical landed $33.5 million in Series C funding from Cormorant Asset Management, TCP Venture Capital and AMED Ventures.
Transaction Overview
Company Name
Announced On
7/10/2024
Transaction Type
Venture Equity
Amount
$33,500,000
Round
Series C
Investors
Cormorant Asset Management (Lead Investor)
TCP Venture Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to further enhance its product development and to initiate clinical use of its adjustable interatrial shunt with integrated bi-atrial pressure monitoring.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
590 Division St.
Campbell, CA 95008
USA
Campbell, CA 95008
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Adona Medical, a privately held portfolio company of Shifamed LLC, is innovating interventional approaches for heart failure, a complex and progressive condition impacting approximately 6.5 million patients in the US alone1.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Brian Fahey
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Our team works diligently to record all VC transactions involving tech companies. All VC database entries on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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