Insightec announces $150M financing led by Fidelity Management & Research Company to expand incisionless neurosurgery and invest in new indications
Insightec announces $150M financing led by Fidelity Management & Research Company to expand incisionless neurosurgery and invest in new indications
06/18/24, 8:44 PM
Location
tirat carmelMoney raised
$150 million
Industry
medical
biotechnology
health care
Investors
Perceptive Advisors, York Global Finance / Community Fund, Gilmartin Capital, Fayez Sarofim & Co., Catalio Capital Management, Baillie Gifford, Ally Bridge Group, Nexus Neurotech Ventures, Fidelity Management & Research Company
Insightec, a global healthcare company using focused ultrasound to transform patient care, has raised $150 million in equity financing. The round was led by Fidelity Management & Research Company and co-led by Nexus Neurotech Ventures and Ally Bridge Group. The financing provides Insightec with runway to expand incisionless neurosurgery and make strategic investments in new indications.
Company Info
Location
tirat carmel, haifa, israel
Additional Info
Insightec is a global healthcare company dedicated to using focused ultrasound to transform patient care. With over 160 systems installed worldwide, Insightec's proprietary technology has been used in nearly 20,000 commercial applications and is currently FDA approved as an incisionless, immediate treatment for patients suffering from essential tremor and Parkinson's disease.