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Emphasys Medical closes $18.4mm Series E round

Executive Summary

Interventional pulmonary company Emphasys Medical (minimally invasive devices for COPD) raised $18.4mm in a Series E preferred stock financing. New investor Cargill Ventures led the round, which included new backer Trellis Health Ventures and returning buyers ABS Ventures, Advanced Technology Ventures, Morgenthaler Ventures, Morgan Stanley Venture Partners, OrbiMed Advisors, and Split Rock Partners. The company will use the money to fund regulatory filings and launch its Zephyr endobronchial valve for advanced emphysema.
Deal Industry
  • Medical Devices
  • Medical Devices
    • Implantable Devices
    • Surgical Equipment & Devices
      • Minimally or Less Invasive
Deal Status
  • Final
Deal Type
  • Financing
    • Venture Financing

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