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Baird Venture leads Palyon's $21mm Series A round; plus $3mm

Executive Summary

Interventional pain management start-up Palyon Medical raised $21mm in its Series A financing. Lead backer Baird Venture Partners was joined by Hambrecht & Quist Capital Management, Fountain Healthcare Partners, BB Biotech Ventures, Cross Atlantic Partners, and Arcus Ventures. Members of Baird, Hambrecht, and Fountain will be represented on the company's board. Rockport Venture Securities was the placement agent.
Deal Industry
  • Medical Devices
    • Implantable Devices
  • Pharmaceuticals
    • Drug Delivery
      • Site Specific
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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