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Alucent Biomedical Announces $35 Million Series B Financing Led by a Multinational Strategic Investor

Alucent Biomedical Announces $35 Million Series B Financing Led by a Multinational Strategic Investor

10/01/20, 11:03 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsalt lake city
Money raised
$35 million
Round Type
series b
Alucent Biomedical, a privately held medical technology company founded to transform the way vascular disease is treated, today announced the close of a $35 million Series B financing round led by a large multinational strategic investor and joined by another new investor, Fresenius Medical Care Ventures. Alucent was founded by the Avera Research Institute, an arm of Avera Health, which also contributed to the financing. Including the Series B funding, the company has raised approximately $60 million to date.

Company Info

Company
Alucent Biomedical
Location
salt lake city, utah, united states
Additional Info
Alucent Biomedical, Inc. is a privately held medical technology company headquartered in Salt Lake City, Utah. Alucent was founded by Avera Health to develop and market products using Natural Vascular Scaffolding (AlucentNVS) technology. AlucentNVS is a first-of-a-kind combination drug-device therapy designed to assist the body in naturally opening and maintaining arterial patency. www.alucentbiomedical.com

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