Tech Company Financing Transactions
Cathera Funding Round
BOUSCAS, Saint-Genys and Supernova Invest participated in a $5 million Series B capital raise for Cathera. This VC investment round was announced on 12/12/2023.
Transaction Overview
Company Name
Announced On
12/12/2023
Transaction Type
Venture Equity
Amount
$4,950,000
Round
Series B
Proceeds Purpose
Carthera is a clinical-stage medtech company focused on developing innovative ultrasound-based medical devices to treat various brain disorders. The funding will support Carthera in launching its first registrational trial using its SonoCloud technology to treat recurrent glioblastoma (rGBM).
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
627 National Avenue
Mountain View, CA 94043
USA
Mountain View, CA 94043
USA
Phone
Undisclosed
Website
Email Address
Overview
Carthera is a spin-off from AP-HP, Greater Paris University Hospitals, the largest hospital group in Europe, and Sorbonne University. The company leverages the inventions of Professor Alexandre Carpentier, lead neurosurgeon at AP-HP, who has achieved worldwide recognition for his breakthrough developments in treating brain tumors. Founded in 2010, Carthera® is headquartered in Lyon. The company also has offices at the Brain Institute (Institut du Cerveau, ICM) in Paris and a US subsidiary based in Boston. It works closely with renowned academic institutions, like INSERM, Sorbonne University, AP-HP, Northwestern University, UCSF.
Management Team
Title
Name
Email & Social
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We do our best to record every notable VC transaction. All VC database entries reported here are derived from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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