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Sientra’s “Stand-By” Series C Shows How To Eliminate Late-Stage Risk

This article was originally published in Start Up

Executive Summary

Breast-implant start-up Sientra recently raised a $65 million Series C round at a time when venture capital for medtech is scarce, particularly for mid-stage companies pushing toward important milestones. Using a new kind of “stand-by” financing, it was ready to hit the ground running upon the recent FDA approval of its breast implants.

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