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Carlsmed Raises $2.5M to Improve Complex Spine Surgery

Jun 23, 2020about 5 years ago

Amount Raised

$2 Million

Round Type

seed

Carlsbad

Description

Carlsmed, Inc., a San Diego-based MedTech company, today announced the close of an oversubscribed $2.5M seed round. The round was led by Cove Fund II, a prominent California Life Science and Technology fund. Participating in the round are MedTech funds Wavemaker Three-Sixty Health and Device of Tomorrow Capital, as well as individual MedTech investors.

Company Information

Company

Carlsmed

Location

Carlsbad, New Mexico, United States

About

Carlsmed’s mission is to improve outcomes and decrease the cost of healthcare for spine surgery and beyond. The company’s aprevo® devices are personalized to improve the standard of care for the surgical treatment of adults with spinal malalignment. Carlsmed uses patient data and proprietary digital technologies to create aprevo® spine fusion devices to align with the surgeon’s goals for each patient. For more information, visit carlsmed.com or contact us at info@carlsmed.com. About B Capital Group B Capital Group is a multi-stage international investment firm founded in 2015. Investing in companies transforming large traditional industries across borders and geographies, B Capital leverages a global team of seasoned experts, as well as its strategic partnership with BCG. The firm helps founders navigate business challenges, raise capital, and attract talented leadership at every stage of the startup lifecycle. B Capital focuses on enterprise software, financial services and healthcare investing. The B Capital portfolio includes global, industry-leading companies like Atomwise, Carro, Dailyhunt, Datarobot, Evidation Health, Icertis, Innovaccer, Ninja Van, Tuhu, and Yalo. For more information, visit bcapgroup.com.

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