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Series B results in $7mm for XLumena

Executive Summary

Endoscopic device developer XLumena Inc. raised $7mm in its Series B financing to 11 investors including first-time backers Aperture Venture Partners and Western Technology Investment, and returning shareholders Prism Ventures, Charter Life Sciences, and Ascent Biomedical Ventures. A member from Aperture and Ascent will join XLumena’s board. Funds will support US and European marketing activities for products such as the FDA-approved Navix endoscopy system and CE-Marked Axios stent and delivery system. According to the Form D filing, the company could raise another $1mm before closing the round.

Deal Industry
  • Medical Devices
  • Medical Devices
    • Implantable Devices
    • Surgical Equipment & Devices
      • Minimally or Less Invasive
    • Diagnostic Imaging Equipment & Supplies
      • Ultrasound
Deal Status
  • Final
Deal Type
  • Financing
    • Venture Financing

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