Shockwave Medical Garners $12,500,000 Series A Financing

  • Feed Type
  • Date
    1/29/2014
  • Company Name
    Shockwave Medical
  • Mailing Address
    1750 112th Ave NE Bellevue, WA 98004
  • Company Description
    The Lithoplasty family of balloon dilatation catheters incorporate tiny lithotripsy electrodes designed to increase the compliance of rigid vascular and valvular lesions prior to low-pressure dilation, thereby limiting injury to healthy tissue and overcoming significant limitations of current revascularization technologies.
  • Website
    http://www.shockwavemedical.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $12,500,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The funds raised in this financing will be used to support the development and clinical study of Shockwave’s devices for the treatment of advanced peripheral and coronary artery disease.
  • M&A Terms
  • Venture Investor
    Sofinnova Ventures
  • Venture Investor
    Undisclosed