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Picard Medical Secures $1.2 Million in Loans from Fang Family Fund

PUBLIC · PMINov 03, 2026

Amount Raised

$1.2 Million

Round Type

Funding Round

TucsonManufacturingBiotechnologyHealth CareMedicalMedical Device

Investors

Fang Family Fund, LLC - Series IIFang Family Fund I, LLC

Description

Picard Medical, Inc. has secured a total of $1.2 million in loans from entities affiliated with Dr. Richard Fang. The funding includes $0.7 million at 6% interest and $0.5 million at 0% interest, providing essential capital for the company's operations

Quick answer

Picard Medical raised $1.2 Million in a Funding Round round, dated November 3, 2026. Investors: Fang Family Fund, LLC - Series II and Fang Family Fund I, LLC. Picard Medical is based in Tucson, Arizona, United States.

How much did Picard Medical raise?
Picard Medical raised $1.2 Million in a Funding Round round on November 3, 2026.
Who invested in Picard Medical?
Fang Family Fund, LLC - Series II and Fang Family Fund I, LLC are named as investors in this round.
What does Picard Medical do?
Picard Medical, Inc. is a medical technology company that specializes in developing innovative and effective medical devices for critical care and recovery environments.
Where is Picard Medical based and how big is it?
Picard Medical is based in Tucson, Arizona, United States. Fundz records about 75 employees.

Source: Fundz verified event record.

Who else raised in Medical and Medical Device around the same time

Companies in the same sectors as Picard Medical that raised within 45 days of this round, from Fundz verified event records.

  • Total Joint Orthopedics raised $11M (Debt Financing) on October 21, 2026.
  • Nami Surgical raised $4.5M (Series A) on October 13, 2026.
  • Scarlet raised $50M (Series B) on October 12, 2026.
  • Velentium Medical raised an undisclosed amount on September 23, 2026.
  • Skribe Medical raised $1.6M (Pre-Seed) on November 12, 2026.
  • EnVision Endoscopy raised $12M (Series A) on November 10, 2026.

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Company Information

Company

Picard Medical

Location

Tucson, Arizona, United States

About

Picard Medical, Inc. is a medical technology company that specializes in developing innovative and effective medical devices for critical care and recovery environments. Their primary business activities involve designing and manufacturing advanced therapeutic tools aimed at improving patient outcomes, particularly in cardiovascular care. The company's flagship products include specialized monitoring equipment and surgical devices designed to enhance procedural efficacy and patient safety. Based in Tucson, Arizona, Picard Medical serves healthcare facilities across the United States, focusing on market segments that demand high-performance medical solutions. As an emerging growth company, the firm is committed to leveraging new technologies and clinical insights to drive strategic growth and enhance its product offerings.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.