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Augmenix closes $10.8mm Series D

Executive Summary

Augmenix Inc. raised $10.8mm through its Series D round. New buyers Excelestar Ventures and unnamed individuals participated, along with returning investors CHV II, Catalyst Health Ventures, and Sparta Group. Funds will support FDA approval and market launch of SpaceOAR, a minimally invasive absorbable hydrogel that acts as a spacer to push the rectum out of the radiation field during prostate radiotherapy.
Deal Industry
  • Biotechnology
  • Medical Devices
    • Biomaterials
    • Implantable Devices
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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