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Tioga Cardiovascular, A Shifamed Portfolio Company, Closes $30M In Series C Financing

PRIVATEFeb 09, 2023

Amount Raised

$30 Million

Round Type

Series C

CampbellManufacturingBiotechnologyHealth CareMedical Device

Investors

Shifamed Angel InvestorsThe Capital PartnershipAmed VenturesPa Med Tech Vc FundCormorant Asset Management

Description

Tioga Cardiovascular, a Shifamed portfolio company that aims to redefine structural heart valve replacement, announced today the first closing of its $30M Series C financing. Led by Cormorant Asset Management, with significant participation from The Capital Partnership, AMED Ventures, the PA MedTech VC Fund, and Shifamed angel investors, the financing will be used to continue product development, support pre-clinical testing, and initiate first-in-human use for the company's novel transseptal mitral valve replacement (TMVR) technology.

Quick answer

Tioga Cardiovascular raised $30 Million in a Series C round, dated February 9, 2023. Investors: Shifamed Angel Investors, The Capital Partnership, Amed Ventures, Pa Med Tech Vc Fund and Cormorant Asset Management. Tioga Cardiovascular is based in Campbell, California, United States.

How much did Tioga Cardiovascular raise?
Tioga Cardiovascular raised $30 Million in a Series C round on February 9, 2023.
Who invested in Tioga Cardiovascular?
Shifamed Angel Investors, The Capital Partnership, Amed Ventures, Pa Med Tech Vc Fund and Cormorant Asset Management are named as investors in this round.
What does Tioga Cardiovascular do?
Tioga Cardiovascular, a privately held portfolio company of Shifamed LLC, is focused on providing elegant valve replacement solutions for mitral and tricuspid applications that are procedurally simpler and use a less..
Where is Tioga Cardiovascular based and how big is it?
Tioga Cardiovascular is based in Campbell, California, United States. Fundz records about 21 employees.

Source: Fundz verified event record.

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

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

  • Flyte Aviation, Inc. raised $8M on March 23, 2023.
  • Evergreen Theragnostics raised $15M (Series B) on March 13, 2023.
  • NuVision Biotherapies raised $1.3M (Seed) on March 9, 2023.
  • MedX Health raised an undisclosed amount (Convertible Note) on January 6, 2023.
  • Cognito Therapeutics raised $73M (Series B) on March 23, 2023.
  • Eximis Surgical raised $15M on March 21, 2023.

Who to call at Tioga Cardiovascular, and when

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Company Information

Company

Tioga Cardiovascular

Location

Campbell, California, United States

About

Tioga Cardiovascular, a privately held portfolio company of Shifamed LLC, is focused on providing elegant valve replacement solutions for mitral and tricuspid applications that are procedurally simpler and use a less invasive, transcatheter approach.

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Tioga Cardiovascular raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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