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Ablative Solutions closes its $9.5mm Series B round

Executive Summary

Ablative Solutions Inc. (renal denervation device to treat hypertension) closed its Series B venture round at $9.5mm. The transaction included the conversion of the 2013 bridge financing. BioStar Ventures and Michigan Accelerator Fund co-led (the latter will take a seat on the board) and were joined by founders and angel investors.
Deal Industry
  • Medical Devices
    • Surgical Equipment & Devices
      • Minimally or Less Invasive
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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