Tech Company Financing Transactions
Cagent Vascular Funding Round
Cagent Vascular, based in Wayne, secured $30 million from U.S. Venture Partners, Blue Ridge Capital and Sectoral Asset Management.
Transaction Overview
Company Name
Announced On
2/21/2024
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series C
Investors
Proceeds Purpose
The company intends to use the funds to accelerate US market adoption and to expand the product portfolio of serration angioplasty technology.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
150 Strafford Ave. 315
Wayne, PA 19087
USA
Wayne, PA 19087
USA
Phone
Website
Email Address
Overview
Cagent Vascular is leading the way for next generation technology for vessel dilatation. It is the second cardiovascular company formed by co-founders Carol Burns, President & CEO, Peter Schneider, MD, Vascular Surgeon, Chief Medical Officer and Robert Giasolli, VP of Research and Development.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
Our team works diligently to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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