Benvenue Medical Closes $35.5 Million Series C Financing (press release)
Benvenue Medical, Inc., a developer of minimally invasive solutions for spine repair, announced the completion of a $35.5 million Series C round of financing. The proceeds will be used to complete KAST (Kiva® System as a Vertebral Augmentation Treatment – ASafety and Effectiveness Trial) and execute on the company's commercialization strategy. Benvenue Medical is entering a $9 billion global spinal device market with three breakthrough minimally invasive products to treat vertebral compression fractures (VCFs) and degenerative disc disease (DDD).
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