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Amaranth Medical brings in $20mm through Series B round

Executive Summary

Amaranth Medical Inc. has raised $20mm through its Series B venture round. DCP Management led and was joined by fellow new backer Venstar Capital as well as existing investors Bio*One Capital, Charter Life Sciences, and Phillip Capital participated as did new undisclosed investors. The company will use the money to continue developing its Fortitude dissolving stent.
Deal Industry
  • Medical Devices
  • Medical Devices
    • Implantable Devices
    • Surgical Equipment & Devices
      • Minimally or Less Invasive
Deal Status
  • Final
Deal Type
  • Financing
    • Venture Financing

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