Deals: Device start-up Spiracur raised $20.3mm through its Series B round

Device Deals reprinted from Strategic Transactions - July 2009

Device start-up Spiracur raised $20.3mm through its Series B round. New investors Kleiner Perkins Caufield & Byers and New Leaf Ventures co-led and were joined by returning backer De Novo Ventures. Find out more PLUS learn about 25 other noteworthy recent device deals.

Device Deals reprinted from Strategic Transactions - July 2009

Device start-up Spiracur raised $20.3mm through its Series B round. New investors Kleiner Perkins Caufield & Byers and New Leaf Ventures co-led and were joined by returning backer De Novo Ventures.

The company was formed in 2007, and raised $4mm in its Series A round that year. Spiracur is not releasing details, except to say that its device could help prevent small wounds from getting worse. The technology originated from a bio-design program at Stanford University.

25 Other Noteworthy Recent Device Deals from Strategic Transactions:

• Seven investors put $31mm into Opko Health Financing, Private Investment in Public Biotech, Private Placement 31.00

• SonoSite to acquire CardioDynamics for $12.3mm Acquisition, Full Acquisition, Includes Contract, Payment Includes Cash 12.29

• Series C brings in $17.8mm for Cappella Financing, Private Placement 17.80

• Embrella Cardiovascular brings in $5.1mm through its Series B Financing, Private Placement 5.10

• CoAxia gets $21.5mm through its Series D round Financing, Private Placement 21.50

• Alphatec nets $9.9mm via private placement Financing, Private Placement 9.90

• Staar Surgical brings in $8.6mm from registered direct offering Financing, Private Investment in Public Biotech, Private Placement 8.56

• Electro-Optical gets financing committment from Kingsbridge Financing, Other, Private Placement  

• Royal Philips Electronics buys Traxtal Acquisition, Full Acquisition 
  

• Intuitive Surgical buys NeoGuide Systems Acquisition, Full Acquisition  

• Series D brings $10.2mm to Anulex Technologies Financing, Private Placement 10.24

• Covidien buys Vnus Medical Technologies for $470mm cash Acquisition, Full Acquisition, Payment Includes Cash 470.44

• Svelte Medical gets rights to some of Cordis' stent IP Alliance, R+D and Marketing-Licensing  

• Broadview Ventures makes seed investment in CardiAQ Financing, Convertible Debt, Private Placement 0.88

• Glaucoma device developer Transcend raises $35mm Series B Financing, Private Placement 35.00

• Series C brings in $30mm for Sadra Medical Financing, Private Placement 30.00

• Pulmonx buys endobronchial valve developer Emphasys Medical Acquisition, Full Acquisition  

• CardioNet enters cardiac services market by buying Biotel Acquisition, Full Acquisition, Includes Contract, Payment Includes Cash 13.32

• IScience Interventional lands $20.5mm in Series F financing Financing, Private Placement 20.50

• Monica Healthcare raises £1.18mm through its Series A Financing, Private Placement 1.73

• Veryan brings in £2.5mm through its Series D round Financing, Private Placement 3.70

• Neovasc privately sells 9.52mm common shares Financing, Private Placement 2.00

• Series C results in $15mm for Torax Medical Financing, Private Placement 15.00

• TivaMed brings Series A round to $10mm Financing, Private Placement 10.00

• SpineGuard's Series A money supports PediGuard acquisition

Want to know more about medical device acquisitions, alliances and financing? Find out how you can get a free copy of the soon-to-be-released: 2009 Medical Device Funding Review from Start-Up. for more details contact Sean Smith at 240-221-4535 or se.smith@elsevier.com