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Fountain Healthcare Partners leads device firm Mainstay’s $20mm Series B round

Executive Summary

First-time backer Fountain Healthcare Partners is the lead investor on Irish device firm Mainstay Medical Ltd.’s oversubscribed $20mm Series B financing. Other new buyers included Medtronic Inc., Capricorn Venture Partners, and Seventure Partners. Returning shareholders Sofinnova Partners and Twin City Angels also participated. A Fountain Healthcare representative joins Mainstay’s board, and Medtronic, Capricorn, and Seventure will contribute observers.
Deal Industry
  • Medical Devices
  • Medical Devices
    • Implantable Devices
Deal Status
  • Final
Deal Type
  • Financing
    • Venture Financing

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