💰The Funding Letter #1394: April 12

Factorial, Auradine, Anrok, and more...

Happy Friday! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City. Have a great weekend!

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🌎 Americas

Nectero Medical has developed a treatment system that stabilizes growth and prevents rupture of mid-sized abdominal aortic aneurysms, enabling patients to have intervention in a safe manner that prevents or significantly delays the need for major endovascular or surgical repair. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $96M, Series D

Round Investors: Norwest Venture Partners (lead), Boston Scientific, Aphelion Capital, BioStar Capital

🚀Growth Focus: Accelerate the execution of the Phase II/III trial and support the submission of a New Drug Application with the U.S. 

HQ: Tempe, AZ

Industry: Medical Equipment Manufacturing

Employee Count: 24

Auradine provides a web infrastructure platform that offers a broad range of infrastructure across hardware, software, and AI, allowing clients to get disruptive infrastructure and leverage cutting-edge technologies. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $80M, Series B

Round Investors: Maverick Capital, StepStone Group, Celesta Capital, Mayfield Fund

🚀Growth Focus: Scale Teraflux revenues and enhance R&D for its portfolio of blockchain and AI security solutions.

HQ: Santa Clara, CA

Industry: Technology, Information and Internet

Employee Count: 52 (⚡18% increase in last 6 months)

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