Tech Company Financing Transactions
Ostial Funding Round
On 2/8/2023, Ostial secured $7.5 million in Series C investment from Delos Capital, AMED Ventures and private investors.
Transaction Overview
Company Name
Announced On
2/8/2023
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Series C
Investors
Delos Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate commercialization of its FLASH� Aorto-Ostial Angioplasty System (FLASH System) by doubling its sales force, executing national programs and expanding its clinical research and scientific advisory of its dual balloon-based system. Additionally, the company plans to commence development of the next-generation FLASH System.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
197 E Hamilton Ave #101
Campbell, CA 95008-0261
USA
Campbell, CA 95008-0261
USA
Phone
Website
Email Address
Overview
The FLASH� Aorto-Ostial Angioplasty System is the first and only 2-in-1, dual-balloon catheter system designed for TRUE 360° stent apposition and total lesion coverage in coronary and peripheral ostial cases.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Farhad Khosravi
Chief Operating Officer
Jon Bohane
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We do our best to report on all VC transactions involving tech companies. VC investment data records on this site are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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