BaroNova Garners $27,300,000 Series C Financing

  • Feed Type
  • Date
    2/15/2013
  • Company Name
    BaroNova
  • Mailing Address
    281 Magnolia Ave Goleta, CA 93117
  • Company Description
    A medical device company focusing on developing innovative nonsurgical, nonpharmacologic therapies for the treatment of obesity.
  • Website
    http://www.baronova.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $27,300,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    Proceeds will be used to fund a pivotal study of the TransPyloric Shuttle (TPS) weight-loss technology to gain US and European regulatory approvals. Financial terms were not disclosed.
  • M&A Terms
  • Venture Investor
    Sante Ventures
  • Venture Investor
    Boston Scientific Corporation
  • Venture Investor
    ONSET Ventures
  • Venture Investor
    Highland Capital Partners
  • Venture Investor
    Arboretum Ventures
  • Venture Investor
    Lumira Capital

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