Insightec

Insightec Raises $150M in Series F

Insightec has successfully raised $150M in a Series F at a $1.3B valuation led by Koch Disruptive Technologies, CDPQ, Temasek, Columbus Venture Partners, GE Healthcare.

Company Overview

Insightec is a MedTech company headquartered in 6700 Broken Sound Parkway, Boca Raton, FL 33487, founded in 1999 with 400+ employees.

Incisionless surgery using focused ultrasound

Fundraising Details

• Amount Raised: $150M
• Round Type: Series F
• Valuation: $1.3B
• Date: 2024-04-06
• Investors: Koch Disruptive Technologies, CDPQ, Temasek, Columbus Venture Partners, GE Healthcare

About Insightec

Incisionless surgery using focused ultrasound The company is positioned in the MedTech sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: 6700 Broken Sound Parkway, Boca Raton, FL 33487
• Founded: 1999
• Team Size: 400+
• Industry: MedTech

What This Means

This funding round demonstrates strong investor confidence in Insightec'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. Insightec's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $1.3B valuation marks an important milestone for Insightec, positioning the company among notable players in the MedTech industry.

Looking Ahead

With this new capital, Insightec 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 2024-04-06. For more information about Insightec, visit their headquarters at 6700 Broken Sound Parkway, Boca Raton, FL 33487.