Amount Raised
$73 Million
Round Type
Debt Financing
MinnetonkaManufacturingBiotechnologyHealthcareHealth CareMedicalMedical DeviceDescription
Monteris Medical, a private medical technology company dedicated to becoming the technology leader in minimally invasive brain surgery, announced it has secured $73 million in financing including $35 million in new Series D equity and a $38 million debt facility. The equity financing was led by new investor, InnovaHealth Partners, and was supported by existing lead investor, Birchview Capital. The debt facility, provided by Madryn Asset Management, LP, extended $28 million at closing, with the option to draw an additional $10 million upon the achievement of certain milestones. The proceeds will be used to support important market adoption, clinical research and technology programs and will permit the company to refinance its current obligation.
Quick answer
Monteris Medical raised $73 Million in a Debt Financing round, dated October 27, 2022. Monteris Medical is based in Minnetonka, Minnesota, United States.
- How much did Monteris Medical raise?
- Monteris Medical raised $73 Million in a Debt Financing round on October 27, 2022.
- What does Monteris Medical do?
- Monteris Medical is a privately held company that develops and markets innovative MR-guided ablation systems to perform minimally invasive, robotically controlled brain surgery, commonly referred to as laser ablation,..
- Where is Monteris Medical based and how big is it?
- Monteris Medical is based in Minnetonka, Minnesota, United States.
- Who are the decision-makers at Monteris Medical?
- Fundz holds 2 contacts at Monteris Medical, including the Regional Sales Director. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Healthcare and Medical around the same time
Companies in the same sectors as Monteris Medical that raised within 45 days of this round, from Fundz verified event records.
- MedX Health raised an undisclosed amount (Convertible Note) on November 18, 2022.
- Biocoat raised an undisclosed amount on November 2, 2022.
- Nusano raised $10M on November 1, 2022.
- Adagio Medical raised $9.5M on October 27, 2022.
- Surmodics raised an undisclosed amount (Debt Financing) on October 17, 2022.
- OSSIO raised an undisclosed amount (Series C) on October 17, 2022.
Who to call at Monteris Medical, and when
A new round usually means Monteris Medical is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Monteris Medical raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Monteris Medical, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Monteris Medical. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Monteris Medical raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Monteris Medical raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.