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Proteus Biomedical brings in $25.5mm through late-stage round

Executive Summary

Cardio, metabolic, and CNS disorders-focused Proteus Biomedical (micro-electromechanical systems) has raised $25.5mm through the sale of shares to nine investors in a late-stage venture round. According to the company's Form D, it could bring in another $9.5mm. Proteus's first product is a sensor-based device used for cardiac resynchronization therapy in treating congestive heart failure.

Deal Industry
  • Medical Devices
  • Pharmaceuticals
  • Medical Devices
    • Monitoring Equipment & Devices
  • Biotechnology
    • Nanotechnology, Chips, etc.
Deal Status
  • Final
Deal Type
  • Financing
    • Venture Financing

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