💰The Funding Letter #1481: August 16

Caresyntax, HistoSonics, Quantum Circuits, and more..

August 16, 2024

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

Hit the Gong 🎉

Source: @theangrysalesperson

Daily Deals 💸

🌎 Americas

HistoSonics has developed a novel, non-invasive sonic beam therapy platform that delivers personalized, tissue-specific treatments with unparalleled precision and control and without the undesirable side effects of surgical modalities, enabling physicians to monitor the treatment and its effect in real time continuously. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $102M, Series D

Round Investors: Alpha Wave Ventures (lead), Venture Investors, State of Wisconsin Investment Board, Yonjin Venture

🚀Growth Focus: Accelerate category-defining advancements to its non-invasive histotripsy platforms, and support commercial growth in the US and planned global markets.

HQ: Plymouth, MN

Industry: Medical Equipment Manufacturing

Employee Count: 178 (⚡21% increase in last 6 months)

Neptune Medical’s novel gastroenterology device offers tip control in any anatomy, allowing the endoscope scope tip to move forward and torque exactly as needed, allowing doctors to speed up procedures, reduce anesthesia time, and improve patient comfort. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $97M, Series D

Round Investors: Sonder Capital, Olympus

🚀Growth Focus: Support to strengthen it as a gastrointestinal-focused company expanding into robotics for GI disease.

HQ: Burlingame, CA

Industry: Medical Equipment Manufacturing

Employee Count: 124

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