Capstan Medical
Capstan Medical Raises $110M in Series C
Quick Facts
Capstan Medical Raises $110M in Series C
Capstan Medical has successfully raised $110M in a Series C at a $600M valuation led by Eclipse Ventures, Cormorant Asset Management.
Company Overview
Capstan Medical is a MedTech company headquartered in Campbell, CA, founded in 2018 with 90+ employees.
Robotic minimally invasive heart valve technology
Fundraising Details
- Amount Raised: $110M
- Round Type: Series C
- Valuation: $600M
- Date: 2024-12-12
- Investors: Eclipse Ventures, Cormorant Asset Management
About Capstan Medical
Robotic minimally invasive heart valve technology The company is positioned in the MedTech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Campbell, CA
- Founded: 2018
- Team Size: 90+
- Industry: MedTech
What This Means
This funding round demonstrates strong investor confidence in Capstan Medical's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The MedTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Capstan Medical's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $600M valuation marks an important milestone for Capstan Medical, positioning the company among notable players in the MedTech industry.
Looking Ahead
With this new capital, Capstan Medical is well-positioned to execute on its growth strategy and continue building innovative solutions in the MedTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
This fundraising news was reported on 2024-12-12. For more information about Capstan Medical, visit their headquarters at Campbell, CA.
About the Author
Related Company Reports
ConCntric Raises $10M in Series A
ConCntric, a PropTech company based in Austin, TX, has raised $10M in Series A at a $55M valuation led by Foundry Group, Fifth Wall.
Glue Raises $20M in Series A
Glue, a SaaS company based in San Francisco, CA, has raised $20M in Series A at a $100M valuation led by Kleiner Perkins, General Catalyst.
Glean Raises $260M in Series F
Glean, a AI/ML company based in Palo Alto, CA, has raised $260M in Series F at a $4.6B valuation led by Kleiner Perkins, Lightspeed, Sequoia.